Rishi Sharma

For Purchase management Setting up the procurement plan. Procurement of raw material, development of alternative sources for imported raw materials which helps in cost saving. Purchasing machines with improved technology to increase production. Liaison with the production department to maintain optimum inventory. Implementing systems to avoid situations like over-stocking or out-of-stock which cause production and financial losses. Liaison with finance department for timely payment of bills. Developing reports on procurement and usage of material for top management. Collecting quotations from various vendors and negotiating the prices and other terms & conditions. Finalizing the rate and quantity with senior management and getting approval time to time. For Vendor Development Effective management of vendor database. Development of new vendors, classification of vendors on the basis of criteria like cost, quality, timely delivery etc. Evaluating vendors & negotiating the price, delivery schedule and terms and conditions with them. Timely clearance of payments & handling vendor inquiries. For Stores Management Maintaining the stock of material without any variance by conducting stock verification and documentation. Regularizing material receipts and ensuring the fluidity of stocks from warehouse to stores.