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.