Material Buyer

Job Description for Material Buyer Summary

• Must have knowledge of Material requirement planning in a Manufacturing setup. • Preferably should have Experience in techno-commercial purchase of Direct material (DM), Indirect material (IDM) and services in a Manufacturing setup; Exposure to HVAC industry will be an added advantage. Responsibilities · Ensuring consistent and adequate supply of materials necessary for production. · Material requirement planning- MRP running & PR/ demand generation. · Study of Purchase Requisition- DM/IDM. . Research/ source potential vendors for required goods & services (DM/IDM) and Send RFI/ RFQ/ RFP (Request for Information/ Quotation/ Proposal) to the suppliers. · Compare and evaluate techno-commercial offers from suppliers. · Negotiate pricing & terms of agreement applicable to the Order and send Comparative statement for approval. · Converting Purchase requisitions to Purchase Order in SAP as per approved prices. · Scheduling, tracking orders and ensuring timely delivery of materials with regular follow-up. · Just in time (JIT) items planning & scheduling. · Co-ordinate with Stores for on-time GRN and proper storage. · Maintaining System Hygiene and Manage inventory issues. · Monitor stock levels of consumables, hardware, and other C class items; place orders as needed to ensure availability. · Take lead in solving critical material shortage problems. · Rejection handling- Communicate to Supplier, tracking return material, informing supplier on returned material. Timey replacement of rejected material. · Monitoring pending payment of supplier & co-ordinate with accounts department of timely release of payment. · Vendor visits, vendor development, new vendor onboarding- Co-ordinate with new supplier for required documentation; create vendor add request in MDG after receipt of required approvals from procurement and documents from supplier. · Maintain updated records of purchased products, delivery information and invoices. · Prepare reports on purchase, including cost analysis, spend analysis, inventory analysis etc. · Tracking production volume and monitoring customer demand patterns; Coordinating with other departments regarding production goals, timelines, etc. Requirements · Should possess 3-4 years’ experience in Material planning/ Procurement; preferably in Manufacturing/ HVAC domain. · Good knowledge of vendor sourcing practices (researching, evaluating, and liaising with vendors) · Should have exposure to ISO standards & procedures. · Hands-on experience with ERP – SAP · Proficiency in MS Excel/Word/PowerPoint. · Understanding of overall supply chain procedures · Solid analytical skills, with the ability to create financial reports and conduct cost analyses. · Negotiation skills. · Any Graduate preferably Diploma/Degree in Engineering.