Source and purchase raw materials, components, machinery, consumables, and other required materials.
• Identify, evaluate, and develop reliable vendors and suppliers.
• Request and analyze quotations from multiple vendors.
• Prepare comparative statements and negotiate prices, payment terms, and delivery schedules.
• Prepare and issue Purchase Orders (POs) as per company requirements.
• Follow up with suppliers to ensure timely delivery of materials.
• Coordinate with the Production, Stores, Accounts, and Quality departments.
• Monitor inventory requirements and ensure the availability of materials to avoid production delays.
• Maintain accurate records of quotations, purchase orders, invoices, and vendor information.
• Evaluate supplier performance based on price, quality, and delivery timelines.
• Ensure purchased materials meet the required quality and technical specifications.
• Work towards cost optimization and effective procurement practices.
• Prepare and submit regular purchase and procurement reports to management.