Jr. Executive - Purchase

Finolex J Power Systems (FJPS); Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

Finolex J Power Systems (FJPS) is seeking an experienced procurement professional to develop and manage raw materials sourcing for manufacturing. You will build a supplier network, negotiate terms, and coordinate deliveries to align with production schedules.

The role requires strong vendor management, inventory control, and collaboration with QA to ensure quality and cost targets are met. SAP MM expertise is preferred.

Qualifications

• Minimum 5+ years of experience in procurement within manufacturing or related industries.
• Need strong negotiation and vendor management skills.
• Experience with cost analysis, price breaks, and supplier evaluation.

Responsibilities

• Develop and implement an effective raw materials procurement system.
• Identify and onboard suppliers to ensure cost efficiency and reliable delivery.
• Coordinate material deliveries and capacity planning for production.
• Negotiate terms, delivery timelines, and freight for diverse items.
• Collaborate with QA to address non-conformities and ensure material quality.
• Maintain stock levels, reduce stockouts, and manage inventory control.
• Ensure accurate vendor statements, vouchers, and payments.

Skills

Procurement

Vendor management

Cost negotiation

Inventory management

Tools

SAP

SAP MM

Job description

Roles & Responsibilities:

• Development of effective Raw Materials procurement system, identify and procure materials and services.
• Develop a network of suppliers and service providers for cost effective supply chain and coordinate material deliveries, capacity planning.
• Procurement of A class type item ( Copper , Lead Alloy, Al Wire & Al tape)
• Procurement of B-Class Type Item-( Raw material- Cable Manufacturing items).
• Procurement of, Electrical Items, electronic items, , hardware, , plastic, Ferrous and Non-Ferrous Metals .
• Items machined components & Spare parts .( Import & Export), standard Procurement etc.
• Purchase Terms & condition :- Negotiate rates, payment terms, delivery period, and freight for procurement of various items. With Involved in Pricing and cost break ups for development items
• Coordination with vendors for continuous improvement in quality and delivery performance.
• Co-ordinate with QA for inspection, take preventive & corrective actions on the non-conformities in the material receipts.
• Material reconciliation of material given to processor.
• Participate from concept stage in new product development and ensure right quality and cost of the materials.
• Constantly upgrade the stock levels and control inventory, Follow up with suppliers for Materials, Monitor procurement & ensure minimum instances of stock outs/ excess stocks, wastages.
• Maintain GYR level of material at supplier as well as at factory (Green / Yellow / red) as per production plan & Raw material planning .
• follow-up and close all the MOM points as per agreed dates. Vendor management of all vendors for Capex { Capital item(IT Related Machinery & New Development in plant ) & Services} .
• Procure & Handel - Capex { Capital item(IT Related Machinery & New Development in plant ) & Services} .

Stock Verification, Analysis of Vendor Performance & Price Variance & Purchase related all responsibility - New Vendor Development, Price

• Negotiation with vendor, PO releasing, Material Delivery and Payment etc.
• Handle Logistics - Looking for entire logistics Operation & local transport arrangement for plant employees & Guest .
• Handle - ISO,TS Audits, EMS 14001,

Prepared Approval Supplier List, Supplier development, Supplier Registration, Supplier Evolution, SAP Implementation

• Screening of Requisitions Prior to Forwarding for procurement In-charge.
• Procurement of all kind of material Procurement Receipts, Physical Inspection,
• Reconciliation vendor Statement with Vendor master and material master & Manual. Stock Verification, Analysis of Vendor
• New Vendor Development.
• Making the comparative statement.
• Ensure the quality & quantity of material purchase at factory.
• Expediting with vendors as well as our H.O.
• Budgeting, Monthly Budget is prepared as per the requirement of Project (At Site)

FOLLOWING ARE THE SAP T-CODE USED & WELL KNOWN

MODULE MM (MATERIAL MANAGEMENT )

• Creation of purchase requisition (PR).ME51N
• Creation of PO in SAP (Excisable, Non excisable, import PO & service PO)ME21,22,23
• Custom duty & freight up gradation in SAP ME23N
• Maintain material master, vendor master, Source list, info record, service master, maintain material master, maintain vendor master, maintain source list, maintain info record(ME2M,ME2L)
• Setting up the entire purchasing cycle with purchase requisition, purchase order with contracts & scheduling agreements for transactions processing as per the business requirement
• RFQ, Maintain and Compare Quotations(ME41N)
• Purchase orders by material(ME2M)
• To finding & check the PO no (ME23N)
• To changes in PO (ME22N)
• New vendor registration in SAP(XK01)
• Process the down payment request for vendors (F-47)
• Reports related to SAP MM, (Like open PO, open PR,GRN reports,. etc..)