Understand the procurement plan and ensure adherence to purchase budgets and minimize operating costs and overheads
Negotiate effectively with the vendors on costs, undertake discussions with the Plant Head on the negotiated price and obtain approval on quotations.
Maintain Inventory plan and ensure scheduling of material as per the requirement to reduce inventory carrying cost
Develop and maintain strong relationships with suppliers and vendors and rate them based on performance and quality
Visit vendors as per the defined Guidelines and audit their lines for rating up gradation. Provide technical support to the vendors for improvement.
Coordinate and communicate delivery schedules to suppliers based on criticality of requirements and required lead time
Ensure timely supply of materials and spares to the user departments in coordination with PPC, Dispatch and Stores
Review reasons for purchase of capital goods and obtain approval from the Corporate purchase head
Ensure that contracts, bids and service agreements for purchase of materials and spares are processed as per the user department requirements
Finalize purchase requisitions based on finalized rates and ensure timely issue of order along with required permits for timely receipt of material
Ensure adherence to costs Et delivery timelines by vendors and escalates any defaults to the Corporate Purchase Head
Coordinate with Finance department to ensure timely release of advance to vendors and complete payments within prescribed cycle time
Evaluate price comparison sheet for different vendors and undertake review of the same with user department and Plant Head