Buyer

Buyer/ Purchase Executive

Location: Bangalore

We are seeking a highly motivated and detail-oriented individual for the position of Buyer. As a Buyer, you will play a crucial role in our procurement department, responsible for sourcing and purchasing high-quality products and materials that meet the needs of our organization. This position requires a keen understanding of market trends, supplier relations, and negotiation strategies. You will collaborate closely with various departments to forecast demand and ensure that inventory levels are maintained at optimal levels. The successful candidate will be adept at analyzing data to make informed purchasing decisions that align with our companys goals. Your ability to maintain strong relationships with vendors and to identify cost-saving opportunities will be pivotal in making strategic purchasing decisions. Additionally, you will be tasked with evaluating supplier performance, negotiating contracts, and ensuring compliance with purchasing policies and procedures. If you possess a strong analytical mindset, excellent communication skills, and a passion for procurement, we encourage you to apply for this exciting opportunity to contribute significantly to our organizations success.

Responsibilities

- Formulate and execute efficient procurement strategies that align with the companys requirements while minimizing costs.

- Oversee all procurement processes concerning raw materials, consumables, maintenance supplies, and capital expenditures.

- Keep an updated master inventory of all purchased items within the ERP system, regularly monitoring and adjusting prices as necessary.

- Solicit quotations from three suppliers, evaluate the associated costs, and select the most suitable option.

- Plan for imported materials and issue purchase orders, taking into account lead times and transit durations.

- Engage in capital expenditure budgeting and ensure that all purchases adhere to the established budget.

- Conduct quarterly balance confirmations and perform vendor audits.

- Negotiate supplier contracts and terms to secure advantageous conditions for the organization.

- Work in conjunction with various departments to ascertain their purchasing needs and deliver prompt solutions.

- Issue purchase orders and contracts with precision, ensuring adherence to company policies.

- Maintain precise documentation of purchases, pricing, and inventory levels.

- Address any issues related to suppliers, including delays in delivery or quality problems.

- Remain informed about industry regulations and best practices to guarantee compliance and enhance procurement efficiency.

Requirements

- Bachelors degree preferred.

Job Type: Full-time

Pay: ₹400,000.00 - ₹600,000.00 per year

Benefits:

• Health insurance
• Paid sick time
• Provident Fund

Schedule:

• Day shift

Application Question(s):

• Excellent Communication Skill

Work Location: In person

Information :

• Company : Methods Automotive Pvt Ltd
• Position : Buyer
• Location : Bengaluru, Karnataka
• Country : IN