Purchase Executive

Technosys Equipments; Pune District; On-site; INR 700,000 - 1,000,000; Full time

Benefits offered by this job

Restaurant d'entreprise

Indemnités de stage/alternance

Job summary

Technosys Equipments is seeking a procurement professional in Pune to lead material sourcing and supplier management. You will develop strategies, plan procurement schedules based on production plans, and negotiate terms to secure timely, cost-effective supply of raw materials and components.

Coordinate with production, quality, and stores to maintain optimal stock levels, manage day-to-day purchasing, and drive cost reductions through alternate sourcing and value engineering.

Qualifications

• Excellent interpersonal and communication skills (oral & written).
• Strong critical thinking, negotiation, and decision‑making abilities.
• Result-oriented with a habit of timely procurement.
• High level of analytical and problem-solving skills.
• Strong expertise in cost control and cost management.
• In‑depth knowledge of inventory management & supply chain operations.
• Excellent planning, coordination, and organizational skills.
• Ability to work cross‑functionally with production, quality, and stores teams.

Responsibilities

• Procurement Strategy & Planning: Develop and implement purchasing strategies aligned with production and business objectives.
• Plan material procurement schedules based on production plans and BOM requirements.
• Track market trends, price movements, and alternative sourcing options.
• Material Procurement (Short Details): Raw Materials: MS plates, pipes, sections, sheets, forgings, castings, SS materials; Bought‑out Items: Motors, gearboxes, bearings, fasteners, valves, seals, hydraulic & pneumatic components; Electrical Items: Panels, cables, switches, sensors, VFDs, control components; Fabrication & Machining: Job work for cutting, bending, welding, machining, heat treatment, surface coating; Consumables: Welding electrodes, gases, oils, greases, paints, packing materials; Maintenance & Spares: Machine spares, tools, fixtures, MRO items; Capital & Office Purchases: Machinery, equipment, instruments, office supplies, and services.
• Vendor Management & Negotiation: Identify, develop, and evaluate suppliers for all categories of materials and services; Negotiate pricing, delivery schedules, credit terms, and long‑term contracts; Conduct periodic vendor performance reviews and quality assessments.
• Purchase Operations: Manage day‑to‑day purchase activities and supervise the purchase team; Ensure timely PO release and follow‑up for on‑time delivery; Handle emergency and critical material procurement.
• Inventory & Cost Control: Coordinate with stores and production to maintain optimum stock levels; Prevent material shortages, excess inventory, and obsolete stock; Drive cost reduction through alternate sourcing, value engineering, and negotiation.
• Interdepartmental Coordination: Coordinate closely with production, planning, quality, engineering, and finance teams; Ensure materials meet technical specifications, quality standards, and delivery timelines.
• Systems, Documentation & Compliance: Maintain accurate purchase records, supplier databases, contracts, and documentation; Ensure ERP entries, GRN coordination, and audit compliance; Improve and streamline procurement processes and controls.
• Team Leadership & Development: Lead, train, and mentor the purchase team; Allocate responsibilities and monitor performance against targets.

Skills

Interpersonal skills

Communication skills

Critical thinking

Negotiation

Decision making

Procurement

Cost control

Cost management

Inventory management

Supply chain

Planning

Coordination

Organizational skills

Cross-functional coordination

Job description

Key Skills & Competencies

Excellent interpersonal and communication skills (oral & written)

Strong critical thinking, negotiation, and decision‑making abilities

Result-oriented with a habit of timely procurement

High level of analytical and problem-solving skills

Strong expertise in cost control and cost management

In‑depth knowledge of inventory management & supply chain operations

Excellent planning, coordination, and organizational skills

Ability to work cross‑functionally with production, quality, and stores teams

Key Roles & Responsibilities

Procurement Strategy & Planning

• Develop and implement purchasing strategies aligned with production and business objectives
• Plan material procurement schedules based on production plans and BOM requirements
• Track market trends, price movements, and alternative sourcing options

Material Procurement (Short Details)

• Raw Materials: MS plates, pipes, sections, sheets, forgings, castings, SS materials
• Bought‑out Items: Motors, gearboxes, bearings, fasteners, valves, seals, hydraulic & pneumatic components
• Electrical Items: Panels, cables, switches, sensors, VFDs, control components
• Fabrication & Machining: Job work for cutting, bending, welding, machining, heat treatment, surface coating
• Consumables: Welding electrodes, gases, oils, greases, paints, packing materials
• Maintenance & Spares: Machine spares, tools, fixtures, MRO items
• Capital & Office Purchases: Machinery, equipment, instruments, office supplies, and services

Vendor Management & Negotiation

• Identify, develop, and evaluate suppliers for all categories of materials and services
• Negotiate pricing, delivery schedules, credit terms, and long‑term contracts
• Conduct periodic vendor performance reviews and quality assessments

Purchase Operations

• Manage day‑to‑day purchase activities and supervise the purchase team
• Ensure timely PO release and follow‑up for on‑time delivery
• Handle emergency and critical material procurement

Inventory & Cost Control

• Coordinate with stores and production to maintain optimum stock levels
• Prevent material shortages, excess inventory, and obsolete stock
• Drive cost reduction through alternate sourcing, value engineering, and negotiation

Interdepartmental Coordination

• Coordinate closely with production, planning, quality, engineering, and finance teams
• Ensure materials meet technical specifications, quality standards, and delivery timelines

Systems, Documentation & Compliance

• Maintain accurate purchase records, supplier databases, contracts, and documentation
• Ensure ERP entries, GRN coordination, and audit compliance
• Improve and streamline procurement processes and controls

Team Leadership & Development

• Lead, train, and mentor the purchase team
• Allocate responsibilities and monitor performance against targets