Purchase Assistant

Perform Buyer role in Indirect Purchase for one time procurment of good as per Operations user requirement. Floating RFQ and Preparation of price comparison sheet and Negotiation on Techno commercial terms and finalizing the vendor for supplying materials. Conducted detailed cost analysis of components and supplier quotations to Identify cost-reduction opportunities and improve procurement efficiency. Analyze BOMs and price trends for negotiations and strategic sourcing decisions. Develop should-cost by breaking down material, machining, tooling, labor, overheads, to evaluate fair supplier pricing. Identify cost gaps between supplier quotes and should-costs and targeted cost-reduction initiatives. Preparing purchase order, BPO & releasing the same and following up with the vendor for order acknowledgement and on time delivery of goods. Handling the internal department Queries and Responding as per their need. Responsible for Procure-To-Pay cycle and very confidently enabling smooth operations for the region for my categories. Vendor creation and Updating the Vendor. Negotiate contracts with suppliers to secure favorable terms and c To independently handle entire process of indirect procurement starting from receiving the PR till Payment to Supplier ensuring all Compliances, Checks & Balances.