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Urgent Openings for Purchase Executive in Hyderabad

[1-4 Year(s) Exp]
Global Placement Services
Experience : 1-4 Years
Job Type : full-time
Key skills : Vendor 
Job Description :

1.     Reduce on-hand inventory to the lowest feasible levels consistent with customer service objectives. Planning delivery of indigenous and imports items to minimize the inventory cost like casting, fabrication, sub ssembly, etc.
2. Reduce materials costs to the lowest levels consistent with quality objectives. Cost saving budgeting and targeting.
3. Develop statistical methods to estimate future materials requirements.Assessing project material requirements and designing purchase schedule.
4. Purchasing policy and planning.Development & implementation of key procurement strategies.Formulating budget for timely procurement of spares & materials.
5. Outsourcing strategy / development / management.
6. Zero production losses due to material shortages.Timely delivery of goods at the respective sites.
7. Stock audit to ensure reconciliation of physical stocks.
8. Developing & negotiating with suppliers for obtaining timely procurement of materials at favourable commercial items.
9. Assessment of performance of the vendors.
10.Logistics operations.
11.Introducing innovative initiatives in operations.                          

Targets / MetricsDelivery on time, Transaction costing, Purchase costing, Suppliers rating.

Communication / LanuageExcellent Communications Skills, Ability to understand and articulate business with customers and vendors, Knowledge of local language mandatory over and above good command over English and Hindi.

ExperienceMinimum 2+ years of experience in purchase operations in a reputed organisation.

Team ManagementWill be responsible for managing cross functional teams like Sales, Inside Sales, Technical, and Finance .

Vendor ManagementManage vendor relationships and assist in building effective partnerships.

Learning and Skill DevelopmentResponsible for planning, developing and buying materials, parts, supplies and equipments in a timely and cost effective way; timely manner while maintaining appropriate quality standards and specifications.

Reviews & ReportingWeekly team reviews; Weekly management review. Reports to be maintained and updated on performance report,  vendor managment, Delivery report, Suppliers rating report, Transaction costing report, Purchase report.   

Role Category: Purchase Executive
Educational Qualification: Not Specified
Functional Area: IT Software - Other
Vacancies : 1
Job Posted On Aug. 07, 2017
Last Date To Apply Sept. 5, 2017
Company Details
Company Name :

Global Placement Services

Company Address :

# Shop no.4 Sagar Appts, Malkajgiri,
Hyderabad, Telangana-500056

Venue Location: Not Specified
Recruiter Details

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