Purchasing Executive

* Price Analysis & Effective Negotiation to Optimize Cost
- Analyze BOM and price lists received from the Sales department.
- Develop suitable sourcing plans for each BOM quotation.
- Research and identify potential suppliers in the market that can provide the required products.
- Work with vendors to negotiate and achieve the most competitive pricing.
* Build and Maintain Supplier Relationships & Conduct Periodic Supplier Evaluation
- Search for, develop, and expand the supplier network based on supplier profiles, references, meetings with senior representatives, and audits of product quantity and quality.
- Periodically evaluate and monitor supplier performance. Build and maintain strong relationships with suppliers.
- Develop and manage the supply network. Establish processes for handling and working with supplier quotations.
* Develop Input Cost Quotations for Products and Services with Optimal Cost, Quality, and Lead Time
- Understand and gather project information from related departments including
- Sales and Engineering. Obtain special pricing from manufacturers through the Sales/Marketing team.
- Store pricing and related information in the system.
* Update and Adjust Information on Pricing, Sourcing, Lead Time, etc. in the System
- Receive BOM quotations and deadlines through the system.
- Coordinate with related departments when there are changes in part numbers, quantities, or manufacturers during the sourcing process.
- Update quotations in the system within the required timeline.
- Update supplier information, prices, quantities, and other related data when there are changes from suppliers or when quotations expire.
* Coordinate with Departments to Handle Issues Related to Pricing, Sourcing, Product Quality, Complaints, and Compensation
- Receive issue reports from other departments.
- Analyze the situation and propose timely solutions.
- Work with suppliers to resolve issues or minimize losses for the company.
- Report to the supervisor when issues exceed the scope of authority.