Purchase Executive

Billtech Electricals; Ghaziabad District; On-site; INR 600,000 - 900,000; Full time

Job summary

Billtech Electricals in Ghaziabad is seeking a procurement professional to organize and lead the purchasing function, ensuring timely procurement of materials and services and preventing line stoppages. You will monitor market trends, maintain a supplier database, drive cost reductions, and finalise price and contract terms while complying with legal and taxation requirements.

Strong vendor development, negotiation, and communication skills are essential for coordinating with suppliers, internal

Qualifications

• At least 4 years of vendor development experience.
• Knowledge of procurement and vendor development.
• Exposure to trends in vendor development, sourcing platforms and technology related to Procurement and Supply Chain.
• Excellent interpersonal skills and ability to build sound relationships; ability to get work done from supplier, team and other departments.
• Ability to work under intense pressure. Sound temperament.
• Proactive in nature; should seek and analyze opportunities.
• Working knowledge of computers, proficiency in MS Office.
• Strong communication - verbal as well as written.
• Strong negotiation and contract management skills.
• Impeccable track record of honesty and integrity.

Responsibilities

• Organize and plan an effective purchasing function.
• Responsible for timely procurement of all materials, products and services required for the production and ensure no line stoppages.
• Forecast price change activity by monitoring international and national metal trading rates.
• Create a competitive atmosphere for purchase of materials and services to get the best price.
• Keep management informed of current market trends related to material availability, cost, new materials and vendors.
• Create and maintain a database of suppliers, materials, pricing, bid prices etc. for support of business decision making.
• Vendor selection, development & monitoring.
• Price/Contract terms finalization.
• Should have exposure to product costing and ability to read drawings.
• Adhere to purchase principles and legal / taxation requirements.
• Manage departmental goals and objectives e.g. cost reduction targets, optimal inventory management.
• Establish just in time programs in line with management directions.

Skills

Vendor development

Procurement knowledge

Vendor trends

Interpersonal skills

Pressure handling

Proactive

MS Office

Communication

Negotiation & contracts

Integrity

Tools

MS Office

Job description

Job Responsibilities:-

• 1. Organize and plan an effective purchasing function.
• 2. Responsible for timely procurement of all materials, products and services required for the production and ensure no line stoppages.
• 3. Forecast price change activity by monitoring international and national metal trading rates.
• 4. Create a competitive atmosphere for purchase of materials and services so as to get the best price.
• 5. Keep management informed of current market trends related to material availability, cost, new materials and vendors.
• 6. To create and maintain a data base of suppliers, material, pricing, bid prices etc. for the support of Business Decision Making
• 7. Vendor selection, Development & Monitoring.
• 8. Price /Contract terms finalization.
• 9. Should have exposure to product costing and abilty to read drawings.
• 10. Adhere to purchase principles and legal / taxation requirements.
• 11. Manage departmental goals and objectives e.g. cost reduction targets, optimal inventory management.
• 12. Establish just in time” programs in line with management directions.

Skills/Knowledge desired

• 1. Should have done at least 4 years of Vendor development and is preffered.
• 2. Knowledge of the industry from the viewpoint of Procurement and Vendor Development is necessary.
• 3. Should have exposure to current trends in vendor development , sourcing , platforms and technology related to Procurement and Supply Chain
• 4. Excellent interpersonal skills and ability to build sound relationships , Ability to get work done from Supplier , Team and other departments
5. Ability to work under intense pressure. Sound temperament.
• 6. Proactive in nature , should seek and analysis opportunities
• 7. Working knowledge Of Computer , proficiency in MS Office Must
• 8. Strong Communication - Verbal as well as Written
• 9. Strong Negotiation & Contract management Skills
• 10. Impeccable track record of honesty and integrity is essential.