Job Purpose:
This position has the responsibility to perform procurement activities of goods and services following policies & procedures and applicable local, state, and federal regulations. Duties include planning, scheduling, initiating, monitoring and quality assurance of all procurement and contract activities in a timely fashion.
Play an integral role in different aspects of inventories by carrying cost, financial details and providing information for strategic planning for procurement and to ensure company sticks to budgets and operates profitably.
Work requires independent and professional judgment and is performed under the general guidance and direction of the Procurement Manager
Job Responsibilities
Procurement Engineer
- Responsibilities of Fully Computerized & ERP Procurement. Screening of Requisitions Material Procurement Receipts, Physical Inspection, Stacking, Maintaining Minimum & Maximum Level of Critical & Fast-Moving Items, Maintaining All Procurement Documents.
- Interfacing with cross functional departments for budgeting and planning the funds for procurement and sourcing of materials for ensuring optimum utilization of materials; securing maximum cost savings & meeting anticipatory orders for monthly operation
- Ability to negotiate all the Contractual Terms and Condition.
- Costing Analysis, Forecasting, Recognition report
- Ability to do ICV Improvement Plan with 3rd Party Expenses
- Understanding of all the Material Movement Procedures
- Understanding of QA/QC procedures and requirements.
- Processing the requisitions & purchase orders for supplies and equipment; following up for payments and receivables.
- Participating in the development of specifications for equipment, products or substitute materials; developing, implementing purchasing and contract management instructions, policies and procedures.
- Carrying out order planning, price negotiations and coordinating with suppliers.
- Organize and develop RFP and RFQ documentation according to established policies and procedures to ensure organization requirements are captured effectively.
- Liaise and coordinate with suppliers by collecting and providing all required information to ensure contractual terms and conditions are met
- Materials Management, Purchase order work based on Oracle and online Purchase Order is prepared in Oracle System, Reconciliation vendor Statement with System & Manual. Stock Verification, Analysis of Vendor Performance & Price Variance & Purchase related all responsibility.
- Monitor and analyze new product and supplier in the marketplace to suggest new initiative to increase cost efficiency
- Collect and analyze data to ensure continuous tracking of relevant KPIs and achieve targets
- Assisted the accounts department and prepared the billing documents.
- 100% Compliance in internal and external audit and close all observation/NC on time.
Logistic and Supply Chain Management
- Devising efficient logistics management system to ensure delivery of the goods / shipments as per committed timelines and cost.
- Preparing MIS reports of inward / outward logistics and apprising top management and users of routine inventory management activities; assisting in framing of costing & proposal for logistic solution.
- Developing long-term partnerships with suppliers; managing day-to-day supplier performance to ensure meeting of service, cost, delivery and quality norms; coordinating with suppliers for new product development and implementation.
- Negotiating shipping terms, coordinating and tracking shipment clearance, duty exemption and documentation for FTA submission.