Sourcing & Vendor Management: Identify and evaluate potential vendors for raw materials and industrial supplies. Maintain a robust database of approved suppliers, including pricing history and performance logs.
Procurement Operations: Manage the end-to-end Request for Quotation (RFQ) process. Analyze quotes and prepare comparative statements for management review.
Order Management: Issue formal Purchase Orders (POs) based on approved requisitions from production and inventory departments.
Negotiation: Conduct primary-level negotiations regarding unit pricing, credit periods (Payment Terms), and delivery timelines to maximize cost-efficiency.
Supply Chain Expediting: Proactively track open orders and coordinate with vendors to ensure on-time delivery, preventing any production downtime or stockouts.
Quality & Documentation: Coordinate with the Quality Control (QC) team to verify that incoming materials meet technical specifications. Maintain meticulous records of Invoices, Delivery Challans, and Goods Received Notes (GRNs).
Issue Resolution: Act as the primary point of contact for resolving discrepancies related to damaged goods, short shipments, or billing errors in coordination with the Accounts department.
Key Responsibility Areas (KRAs)
KRA Metric / Target
On-Time Delivery (OTD): Ensure vendors deliver materials within agreed lead times (Target: >95%).
Procurement Cycle Time: Minimize the time elapsed from Initial Request to Material at Gate.
Vendor Rating: Maintain and update vendor scores based on quality, reliability, and pricing.
Financial Coordination: Timely submission of accurate documentation to Accounts for healthy vendor relations.
Quality Compliance: Minimize incoming material rejection rates through proactive vendor vetting.