Purchase Engineer

Veloces; Chennai District, Sriperumbudur; On-site; INR 500,000 - 900,000; Full time

Job summary

Veloces in India is seeking a procurement professional to coordinate with vendors, prepare requisitions, and assist in creating and processing Purchase Orders. The role includes negotiating terms, tracking deliveries, and maintaining procurement records, reporting to the Purchase Head.

The candidate should have 1–6 years of relevant experience, with a diploma or bachelor’s degree preferred, and exposure to manufacturing or engineering is an advantage.

Qualifications

• Diploma or Bachelor's degree preferred.
• 1–6 years of experience in purchase/procurement/SCM.
• Manufacturing or engineering industry experience is an advantage.

Responsibilities

• Coordinate with vendors and follow up on purchase orders for timely delivery.
• Prepare requisitions and assist in creation and processing of POs.
• Negotiate pricing, terms, delivery schedules, and contracts.
• Monitor PO status and ensure timely closure of requirements.
• Provide procurement progress updates to the Purchase Head.
• Maintain vendor relations and ensure policy adherence.

Skills

Vendor coordination

Purchase orders processing

Cost analysis

Delivery tracking

Procurement documentation

Education

Diploma / Bachelor's degree

Job description

Roles & Responsibilities Purchase / Procurement

• Coordinate with vendors and follow up on purchase orders to ensure timely delivery of materials.
• Prepare purchase requisitions and assist in the creation and processing of Purchase Orders (POs).
• Support negotiations with vendors on pricing, commercial terms, delivery schedules, and contractual conditions.
• Monitor the status of purchase orders and ensure timely closure of pending requirements.
• Provide daily work progress and procurement status updates to the Purchase Head.

Key Responsibilities

• Maintain effective relationships with vendors and coordinate for timely resolution of commercial and operational issues.
• Ensure adherence to company procurement policies, procedures, and approval processes.
• Maintain accurate and complete procurement records and documentation.
• Provide regular updates on completed, pending, and critical activities to the reporting manager.

Functional Responsibilities

• Source materials and services from approved and qualified vendors.
• Support quotation evaluation, cost analysis, and price comparison under supervision.
• Assist in vendor evaluation and performance monitoring.
• Track delivery schedules and proactively escalates delays or deviations.
• Coordinate with internal departments and vendors to ensure materials are available as per requirements.

Authority & Decision-Making Scope

• Recommend suitable vendors based on price, quality, delivery, and other applicable criteria.
• Escalate major procurement, commercial, and vendor-related decisions to the Purchase Head.
• Exercise authority within the limits of the company's procurement policies and approval matrix.

Key Deliverables

• Accurate and timely Purchase Requisitions and Purchase Orders.
• Timely delivery tracking and status reports.
• Accurate quotation and cost comparison statements.
• Updated procurement records and vendor documentation.
• Timely escalation and resolution of delivery-related issues.

Technical Competencies

• Basic understanding of procurement and Supply Chain Management (SCM) processes.
• Knowledge of Purchase Requisitions, Purchase Orders, quotations, vendor coordination, and delivery tracking.
• Basic understanding of cost comparison and procurement documentation.

Behavioral Competencies

• Demonstrates ownership, responsibility, and accountability.
• Strong follow-up and coordination skills.
• Good communication and interpersonal skills.
• Ability to work effectively within a team.
• Attention to detail and commitment to timely completion of tasks.

Qualification & Experience

• Diploma / Bachelor's Degree preferred.
• 1 to 6 years of relevant experience in Purchase, Procurement, SCM, or a related function.
• Experience in the manufacturing or engineering industry will be an added advantage.

Performance Expectations

• Complete assigned procurement activities accurately and within defined timelines.
• Consistently update work and project progress to the Purchase Head.
• Ensure timely follow-up on pending purchase orders and deliveries.
• Provide effective support to the Purchase and SCM team.
• Maintain accurate procurement records and documentation.

Safety & Compliance

• Adhere to all applicable company policies, procedures, and procurement guidelines.
• Ensure compliance with the defined approval and documentation processes.
• Follow applicable safety, ethical, and statutory requirements while performing procurement activities.