Procurement Manager

• Manages day-to-day functioning of Purchasing Division.
• Reviews purchase orders to ensure adherence to quality and procedures.
• Ensures that re-ordering of stock is carried out on a daily basis as required to maintain adequate stock levels of parts for production.
• Understands assembly process thoroughly to ensure that the material is delivered just in time.
• Participates in the creation of forecasts, and relates those to production programs and stock required for the daily production round.
• Represents purchasing in discussions and strategies aimed at improving overall integration of purchasing, assets, and accounts payable.
• Liaise with Technical department when creating new products or in matters relating to product specification.
• Participate in the development of specifications for equipment, products, or substitute materials.
• Reviewing the technical specifications for accuracy and completeness.
Overseeing the technical and QA requirements on all items (materials, components, and parts) to ensure that purchased items meet design requirements.
• Managing the shipping, handling and storage requirements on components to ensure high quality items are received and issued to the appropriate departments.
• Support & Coordinating with the various departments for Procurement of Common Raw Materials & Packaging Materials.
• Coordinate with various departments for smooth functioning of departmental activity, particularly with technical and operation departments.
• Rate contracts/tendering /market surveys and data of prices for ready reckoning and instant estimations.
• Prepares, monitors and controls department business plans / budgets
Supplier Management and Vendor Sourcing and Analysis
• Undertakes Vendor Analysis & Development of new Vendors.
Identifies early suppliers for company components, concepts, and production programs.

• Manages vendor documentation program, ensuring that a tracking system is in place and maintained.
• Works closely with potential production suppliers to ensure effective support.
• Searches on a worldwide basis for production companies, technology partners, manufacturers and future potential suppliers for the company and keeping up with market trends.
• Proactive and acts on initiative to maintain a supplier base and when necessary source alternative suppliers to ensure that the required material products remain in constant as required.
• Proactively ensures all suppliers adhere to agreed service levels and to have contingencies plans of supply for all core product ranges.
• Develop s and implements appropriate Ion and short term strategic and tactical initiatives in order to achieve specific buying, sourcing targets.
• Supports the Product Design Group with supplier negotiations, supplier timing plans, and cost forecasts to achieve the most cost effective component delivery.
• Negotiates and executes contracts with the vendors as per requirement of quality, cost and delivery.
• Maintains data of all the prices approved as a record and keeps track of changes in prices frequently and updates.
• Reviews purchase orders to ensure adherence to quality and procedures.
• Oversees the purchase orders to Vendors and order acknowledgements from the Vendors.
• Follows up with Vendor for delivery and to get the material at the right time and required quantity at required locations.
• Follow through on outstanding back orders.
• Maintains effective record keeping on all purchase orders and supplier confirmations.
• Coordinates with accounts for payment of suppliers and resolve issues if any.