Buyer

Description

As a global leader in precision measurement sensing technologies, VPG addresses an expanding array of applications in which accuracy, reliability, and repeatability make the difference. Whether in the design and safety of new generations of cars, trucks, and planes or optimizing advanced medical equipment and consumer products, VPG’s deep engineering expertise makes the world safer, smarter, and more productive.       

We are seeking a highly motivated Buyer at Oragadam, Chennai to join our Purchase team on a full-time basis.

Major Responsibilities & Accountabilities:

• Ensure on time Delivery, Paneling Cost-Effective Source, Ensure Alternate source for assigned commodity
• Ensure availability, Maintaining QMS records ( ISO 9001, IATF 16949 )
• Floating RFQ, Preparing Comparative Statement, Negotiation, Paneling optimum source, Drive supplier for long term association,
• Supplier Development for customized requirement
• Supplier Audit ( New Supplier Assessment, Sample lot, Pilot Lot, Mass Prod )
• Monitoring & Ensure Supplier performance Rating
• Co-ordinate with All CFT for day in day out activity ( Planning, PE, Quality, Prod, Logistics Accounts )
• Ensure on time delivery GRN, IR, COC availability, Payment release to supplier’s, Reconciliation of payment – Periodically
• Capex & Non BOM material Purchase (Identifying potential suppliers, negotiation and finalization of orders )
• Handling All Service Agreements (Ensure Validity of Agreement by regular review, Clearing of Monthly Bills)
• Scrap Disposal – Thru Auction

Requirements

Education & Experience

• Bachelor’s degree in Engineering, Supply Chain, Procurement, or Business Management (or equivalent).
• 10 years of experience in procurement / buying within a manufacturing or engineering-driven environment.
• Proven experience working with suppliers for BOM , Non-BOM and CAPEX procurement 

Core Procurement & Sourcing Skills

• Strong hands-on experience in strategic sourcing, RFQ management, and supplier negotiations.
• Ability to perform cost analysis, price benchmarking, and evaluate commodity market trends.
• Experience in supplier paneling, alternate source development, and long-term supplier relationship management.
• Demonstrated capability in supplier development for customized or engineered components

Technical Competencies:

• Understanding of Drawings,
• Process Knowledge ( Machining, PCBA, Cable Assy ),

Soft Skills: Communication, MRP ( QAD), MS Office, Presentation.

Benefits

Best in industry