Purchase Executive

Job Description

Location : Atlas Transformers India Ltd

Job Overview

The Purchase Executive will be responsible for sourcing and purchasing materials, components, and services for transformer production. They will collaborate with vendors, maintain inventory levels, and ensure timely delivery of goods to support the production schedule while optimizing costs and maintaining quality.

• Identify and evaluate suppliers for transformer materials and components.
• Negotiate pricing, terms, and delivery schedules with suppliers.
• Establish and maintain strong relationships with vendors to ensure consistent supply and quality.
• Manage the end-to-end procurement process, from order creation to delivery.
• Ensure the timely delivery of raw materials and components needed for production.
• Work closely with the production and engineering teams to forecast material requirements.
• Monitor stock levels and place orders to maintain optimal inventory levels.
• Ensure that materials are available when needed without overstocking.
• Ensure that all purchased materials meet the required quality standards.
• Work with the quality assurance team to resolve any quality issues with suppliers.
• Identify cost-effective purchasing options to meet budget requirements.
• Track and report on procurement expenditures and savings.
• Maintain accurate records of all procurement activities, including purchase orders, delivery receipts, and invoices.
• Generate regular procurement reports for senior management.
• Ensure compliance with company policies, industry standards, and regulatory requirements in procurement activities.

• Educational Qualifications:
• Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or related field.
• Experience:
• Minimum of 2-3 years of experience in procurement or purchasing, preferably in the transformer or electrical industry.
• Skills:
• Strong negotiation and communication skills.
• Knowledge of sourcing and vendor management.
• Ability to analyze market trends and purchase materials cost-effectively.
• Proficient in using procurement software and MS Office Suite (Excel, Word).
• Attention to detail and strong organizational skills.

Skills: purchasing,organizational skills,supply,communication,market analysis,attention to detail,procurement software,ms office suite,transformer,negotiation,vendor management,sourcing