Purchase Executive

Job ID: PHTO/2024-25/01

Key Performance Area:

• Conduct thorough research to identify potential vendors, both locally and globally. For CR steel strips, wires, Fittings, production consumables, and packaging.
• Evaluate and compare offers from suppliers across different regions.
• Negotiate contract terms, pricing, and agreements.
• Implement cost improvement projects to agreed metrics.
• Track orders to ensure timely delivery, especially for both domestic and imported materials.
• Collaborate with logistics teams to manage customs clearance and shipping processes.
• Review the quality of purchased products, including compliance with engineering specifications.
• Monitor stock levels and proactively place orders based on production schedules / forecasts.
• Coordinate with production, quality control, and engineering teams to optimize supply chain efficiency.
• Manage any supply disruptions due to geopolitical factors or transportation delays.
• Create reports related to purchase cost analysis and implement cost reduction Plans.
• Understand the impact of tariffs, duties, and taxes on overall procurement costs.
• Monitor slow moving over aged inventory and take corrective actions.