Purchase Executive

Job Description Bought-Out Purchase Engineer

Position**: Bought-Out Purchase Enginee**r

Department: Purchase / Procurement

Experience: 2–5 Years

Qualification: Diploma / BE / B.Tech in Mechanical Engineering

Industry: SPM / Automation / Engineering Manufacturing

Location: Pune

Job Summary

We are looking for a Bought-Out Purchase Engineer who will be responsible for sourcing and purchasing engineering components, coordinating with vendors, negotiating prices, and ensuring timely delivery of materials as per project requirements.

Key Responsibilities

• Handle end-to-end purchase activities for bought-out components required for SPM and automation projects.

• Review BOM, technical drawings, specifications, and purchase requirements.

• Identify and develop suitable vendors for mechanical, electrical, pneumatic, and other engineering components.

• Send RFQs/enquiries to vendors and collect quotations.

• Compare quotations based on price, quality, delivery time, and technical specifications.

• Negotiate with vendors for competitive pricing and commercial terms.

• Prepare and release Purchase Orders (POs).

• Follow up with vendors to ensure timely delivery of materials.

• Coordinate with Design, Production, Stores, Quality, and Project teams for purchase requirements.

• Monitor pending orders and maintain proper purchase records.

• Handle vendor performance, quality issues, and delivery-related concerns.

• Support cost reduction and vendor development activities.

• Ensure purchased components meet the required technical specifications and quality standards.

• Maintain MIS/reports related to purchase orders, vendor status, pending materials, and deliveries.

Required Skills

• Good knowledge of Bought-Out Components and Engineering Purchase.

• Knowledge of mechanical components and industrial products.

• Ability to understand BOM and engineering drawings.

• Good vendor identification and development skills.

• Strong negotiation and communication skills.

• Knowledge of ERP/Purchase software and MS Excel.

• Good follow-up and coordination skills.

• Ability to work under project deadlines.

Preferred Experience

Candidates with experience in SPM, Automation, Machine Manufacturing, Capital Equipment, or Engineering Manufacturing will be preferred.

Key Performance Areas

• Timely availability of bought-out components

• Cost-effective purchasing

• Vendor development and performance

• On-time delivery

• Quality of purchased materials

• Purchase order and documentation accuracyRole & responsibilities