Sr. Executive/Executive Purchase

Role:

Sr. Executive/Executive Purchase will oversee and manage the procurement activities for electrical and electromechanical components. This role involves strategic sourcing, supplier relationship management, and ensuring cost-effectiveness and quality in procurement operations. The ideal candidate will have a deep understanding of supply chain management within the manufacturing industry and strong negotiation skills.

Responsibilities:

• Procurement:
  Develop and implement procurement strategies to source electrical and electromechanical components.
  Identify, evaluate, and select suppliers based on quality, cost, and delivery performance.
• Supplier Relationship Management:
  Establish and maintain strong relationships with key suppliers and vendors.
  Conduct supplier audits and performance evaluations to ensure compliance with company standards.
• Cost Management and Negotiation:
  Negotiate pricing, terms, and contracts to achieve cost savings and value optimization.
  Monitor market trends and conduct cost analysis to support purchasing decisions.
• Inventory and Supply Chain Coordination:
  Collaborate with production and planning teams to maintain optimal inventory levels.
  Ensure timely delivery of materials to prevent production delays.
• Quality Assurance:
  Ensure all procured components meet the company’s quality standards and regulatory requirements.
  Address quality issues with suppliers and implement corrective actions when necessary.
• Process Improvement:
  Continuously improve procurement processes to enhance efficiency and reduce costs.
  Implement and leverage procurement software/tools for better management and reporting.
• Compliance and Documentation:
  Maintain accurate procurement records and ensure compliance with company policies and legal requirements.
  Prepare regular reports on procurement activities, cost savings, and supplier performance.

Qualifications and Skills:

1. Bachelor’s degree in engineering (Electrical, Mechanical, or related field) or Supply Chain
   Management.
2. Minimum of 5-8 years of experience in procurement or supply chain management,
   preferably within the electrical or electromechanical manufacturing industry.
3. Strong knowledge of electrical and electromechanical components.
4. Proficiency in ERP and procurement software (e.g., SAP, Oracle).
5. Excellent negotiation, communication, and interpersonal skills.
6. Strong analytical and problem-solving abilities.
7. Knowledge of supplier markets and industry trends.