Titan Company Ltd.—TEAL-Lead Purchase

Job description

Description: Job Requirements End-to-End Factory Procurement & PO Execution - Review Purchase Requisitions (PRs) against BOM drawings and technical specifications, and convert them into SAP Purchase Orders (POs) within defined SLAs. - Manage RFQs by floating enquiries, evaluating techno-commercial proposals, preparing comparative statements (CS), and leading price negotiations to achieve optimal landed costs. - Procure a wide range of materials including: - Electrical components (PLCs, VFDs, sensors) - Mechanical parts (pneumatics, hydraulics, motors, linear guides) - Raw materials (steel, aluminum) - Factory consumables Vendor Management & Delivery Expediting - Monitor and expedite vendor dispatch schedules to ensure timely availability of critical project materials. - Maintain OTIF (On-Time In-Full) delivery performance aligned with shop-floor assembly schedules. - Evaluate and onboard suppliers based on capability, capacity, quality standards, and financial stability. - Develop and maintain a reliable supplier ecosystem. - Track and manage supplier performance based on: - Quality acceptance rates - Lead-time adherence - Cost competitiveness - Commercial compliance Cost Reduction & Commercial Governance - Drive cost-saving initiatives through value engineering, alternative sourcing, supplier localization, and annual commercial negotiations. - Negotiate favorable commercial terms including payment schedules, advances, warranty clauses, and liquidated damages (LD) provisions. - Collaborate with Stores and Accounts Payable teams to resolve: - GRN discrepancies - Quantity variances - Vendor payment delays Supplier Quality Coordination & Compliance - Coordinate with Quality Assurance (IQC) teams to address incoming material rejections. - Manage vendor debit notes and drive supplier corrective and preventive actions (CAPA). - Maintain accurate purchasing records, vendor master data, rate contracts, and audit documentation in SAP MM. - Ensure purchasing processes remain audit-ready and compliant with organizational standards. Skills: supplier corrective and preventive actions, audit documentation, supplier quality coordination, commercial compliance, supplier onboarding, value engineering, sap, supplier localization, supplier master data management, vendor management, rfq management, factory procurement, sourcing, purchase order execution, cost reduction, purchase order management, commercial negotiation, rate contract management, supplier performance management