Purchase Officer

About the job

JOB PURPOSEIdentifying, Developing, Establishing, Negotiating and regularly Procuring with the Vendors supplying Raw Materials and Packaging items like- Chemicals, Gases, Corrugated boxes, Printed Labels, Printed Mono Cartons, Flexible packaging, PET and HDPE Jars, PP Caps and any other plastic components going in packing of Edible Oils for existing 5 plants. In addition, Procurement of all the POS (Point of Sales materials for Sales and Marketing), procurement of Capex items etc.Vendor Development

• To identify, help in selection process, set up the vendor, negotiate prices and establish the supplies.
• Develop and Establish the supplies as per Procurement Policy and Quality Policy of the company.New Packaging development interactions
• To coordinate with Vendors to timely submit JPEG, Proto type samples, paper Proofs etc to Marketing/Packaging development
• To track progress on development of new Packaging/Promo
• Timely delivery of JPEG, Paper Proof, Cylinder Proof, Proto Type etc
• Tracking sheet of all new Promo developmentNegotiation of Pricing
• To negotiate the prices as per the guidance from manager
• Price parity with other Vendors in country supplying similar products to SBL plantsPlacement of PO to Vendors as per the agreed pricing
• Creation of PO in Oracle and timely placement of PO as per Purchase Requisition given by Material Planning
• On time PO placementMaterial Procurement( RM/PM)
• Scheduling, planning, inventory handling as per agreed norms with Materials Planning
• Stock Out Index
• Days Inventory on Hand (DIOH)To ensure timely delivery of materials as per the schedule given in PO
• Tracking of actual Inventory at factories and daily monitoring with Vendors
• To coordinate with Taxation deptt to get the Sales Tax forms to vendors for timely shipmentsVendor Portal i-supplier
• To train vendors on Vendor Portal called i-supplier
• To ensure that Vendors create ASN in i-supplier to enable factory to do GRNTo ensure that delivered materials meet the Quality specs as given in contract/PO
• To liase with factory QA and in case of deviation, timely action
• In case of rejection to ensure the quick disposal of materials.Monitoring the Payables to suppliers
• To create tracking mechanism of Overdue payments to suppliers
• Taking 6 monthly Balance confirmation from VendorsCoordinate & Monitor the release of C forms or other statutory forms to vendors on their request.
• Create Process to get the timely availability of required forms to Vendors and monitor the progressMaintaining the good working relationships with Vendors