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Purchase Specialist Associate

Purchase Specialist Associate

ConfidentialMumbai, India
4 days ago
Job description

Our Story

At Blue Star Engineering and Electronics Limited, we pride ourselves on being more than just a leading provider of engineering solutions. We're a team of passionate professionals committed to innovation and exceptional customer service. Our mission is to empower our clients with the best service experiences, and we're constantly striving to exceed their expectations. As we continue to grow, we are looking for a dedicated and dynamic Territory Service Manager to join our family.

What Your Role Entails

You will manage a strong vendor base, identify new supply sources, and evaluate vendor performance. You will plan and allocate vendors for projects, negotiate contracts, drive cost savings, and ensure timely material delivery. The role includes supporting cost estimation, implementing efficient purchasing strategies, maintaining vendor relationships, monitoring market trends, and ensuring compliance with SLAs and project budgets.

What You'll Do

  • Vendor Management : You will develop and maintain a strong vendor base, explore new supply sources—including non-traditional ones—and manage the Project Approved Vendor List while continuously evaluating vendor performance. You will also design and implement vendor evaluation, assessment, and onboarding processes .
  • Vendor Allocating & Contracting : You will plan vendor allocation for new projects based on their capabilities, financial strength, and resources. You will negotiate commercial terms, finalize Pan India rate contracts, execute long-term sub-contracting agreements, and ensure timely payments to vendors.
  • Cost management & savings : You will drive cost savings over baseline budgets, support technical teams with pricing and material availability, and establish cost and budgeting principles to manage price variations effectively.
  • Purchasing & Procurement Strategy : You will formulate and implement purchasing strategies for projects of all sizes, approve high-value purchase orders, expedite materials and equipment, and manage inventory to ensure adequate resources for all projects.
  • Project Support & Billing : You will ensure timely material delivery, support the achievement of billing plans, review project billings with Sales and Service heads, and resolve vendor issues across regions.
  • Market Monitoring & Process Improvement : You will monitor market conditions, track price and delivery trends, research new materials for cost and design improvements, and implement strategies for ongoing cost reduction and process simplification.

Your success is grounded in

  • Educational Background : You should hold a Graduate Mechanical / Electrical Engineer
  • Experience : A proven track record of 4-8 years in Procurement and Purchase activities
  • Technical Acumen : Deep technical understanding, enabling you to analyze complex systems, interpret specifications
  • Problem Solver : you thrive on identifying challenges, and implementing practical solutions that drive project efficiency
  • Industry Insights : Your success relies on staying informed about industry trends, market dynamics, and emerging technologies, allowing you to make strategic decisions and maintain a competitive edge.
  • Effective Communication : You excel at conveying ideas clearly, collaborating across teams, and building strong relationships
  • Where you'll be

    This role is based in Mumbai, India and will also be involved in travelling across offices in West.

    At Blue Star, you are not just another employee; you're part of a vibrant community that values innovation, dedication, and teamwork. We believe in investing in our people and providing opportunities for professional growth and development. You'll be empowered to take ownership of your role and make a difference in the lives of our customers and colleagues. If you're ready to take on this exciting challenge and make a real impact, we would love to hear from you!

    Skills Required

    Cost Management, Vendor Management, market monitoring

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    Purchase Specialist • Mumbai, India

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