Sr. Executive - Purchase

The Sr. Purchase Engineer/Executive is responsible for sourcing, evaluating, and procuring technical equipment, raw materials, custom-fabricated parts, and engineering services. This role conducts technical-commercial bid evaluations, manages specialized vendor bases, and leads cost-engineering initiatives to ensure project specifications, quality standards, and budget targets are strictly met.

Years of Experience: 2 to 5 Years

Qualification: Bachelor’s degree in Engineering or equivalent Technical Diploma. A Master’s degree or MBA in Supply Chain Management is advantageous.

Responsibilities

• Technical Sourcing & Vendor Selection
• Interpret technical datasheets, Material specifications to identify correct procurement requirements.
• Identify, audit, and onboard qualified technical vendors and specialized fabricators capable of meeting strict Industrial tolerances and quality standards.
• Conduct Techno-Commercial Comparisons (TCC) to evaluate supplier bids based on technical capability, compliance with specifications, cost, and delivery timelines.
• Negotiation & Contract Management
• Negotiate pricing, payment milestones, technical guarantees, warranties, and delivery schedules for engineering equipment and raw materials.
• Draft and finalize purchase orders (POs) and technical purchase specifications (TPS) ensuring clear contractual terms, liquidated damages (LD) clauses, and quality acceptance criteria.
• Procurement Project Management & Expediting
• Expedite manufacturing and delivery timelines for critical components through regular factory visits, progress checks, and vendor milestones.
• Coordinate pre-dispatch inspections (PDI) with internal Quality Assurance or third-party inspection agencies (TPIA).
• Resolve queries (RFIs) between suppliers and internal teams.
• Cost Optimization & Market Analysis
• Analyze trends in raw material markets to time purchases and mitigate price volatility risks.
• Develop alternative sourcing options (localization, import substitution, dual-sourcing) for critical single-source components.

Skills Required

• Strong technical-commercial negotiation capability.
• Analytical approach to cost breakdowns and Should-Cost modeling.
• Effective cross-functional communication between Departments and business units.

Technical Skills

• Proficiency in Understanding Material Technical Specification, Standard. .
• Hands-on experience with ERP systems
• Understanding of manufacturing processes .
• Knowledge of global quality standards.

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