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Purchase Specialist

Purchase Specialist

Capital Bolts & HardwaresLucknow, IN
11 hours ago
Job description

Vendor Sourcing & Assessment

 Identify and qualify new vendors for raw materials (steel, alloy, plating chemicals),

packaging materials, tooling, and subcontracted processes like heat treatment and

surface coating.

 Conduct supplier assessments focusing on quality systems, production capacity, and

cost efficiency.

 Float inquiries, collect quotations, and perform comparative analysis.

2. Vendor On boarding & Audits

 Manage vendor registration, documentation, and system entries in ERP.

 Coordinate with quality team for technical evaluations and trial approvals.

 Conduct audits to assess compliance with ISO, IATF, or customer-specific

requirements.

3. Cost Optimization & Negotiation

 Negotiate prices and terms to ensure best value procurement aligned with the

company’s cost reduction goals.

 Monitor market trends for raw material prices (steel grades, zinc, etc.) and advise on

strategic sourcing decisions.

4. Quality & Delivery Assurance

 Work closely with QA and Production to resolve supplier quality issues like thread

tolerances, plating inconsistencies, or material rejections.

 Track delivery timelines and follow up with vendors to ensure on-time supply for

production continuity.

5. Vendor Performance Monitoring

 Maintain supplier performance data : quality rejections, lead times, delivery

adherence, and responsiveness.

 Develop monthly vendor scorecards and drive continuous improvement initiatives.

6. Coordination & Reporting

 Coordinate with design, planning, and stores departments to ensure procurement

aligns with production schedules and BOM changes.

 Maintain documentation for audits, customer traceability, and certifications (ROHS,

MSDS, etc.).

7. New Product Development (NPD)

 Collaborate with the design and sales teams to support the launch of new products.

 Work closely with suppliers for sample development, technical trials, and validation

of new products.

 Ensure all new product developments align with customer specifications, drawings,

and application requirements.

 Coordinate first article inspections, PPAP, APQP, and FMEA documentation for new parts

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Purchase Specialist • Lucknow, IN

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