Material Planner - Internship

Key Responsibilities

1. Material Planner & Purchase Order ManagementReview material requirements based on customer demand, forecast, stock levels, and open orders.Prepare and process Purchase Orders (POs) based on approved requirements.Ensure correct part numbers, specifications, quantities, prices, delivery dates, and commercial terms are included in POs.Monitor open POs and ensure timely order confirmations from suppliers.Follow up with suppliers for delivery schedules and revised ETD/ETA.Coordinate with internal teams for PO approvals and order processing.2. Fastener Product KnowledgeDevelop good knowledge of fasteners such as:All Type of Bolts / Screws / Nuts / Washers / Studs / Rivets /Cable Tie / Threaded rods.Special / custom fastenersUnderstand material grades, dimensions, thread specifications, coatings, finishes, and applicable standards such as DIN, ISO, ASTM, ANSI, and JIS.Review technical requirements and coordinate with suppliers for product specifications and drawings when required.3. Supplier ManagementIdentify and evaluate suitable suppliers for fasteners and related components.Obtain quotations and compare prices, lead times, MOQ, payment terms, and other commercial conditions.Negotiate pricing and delivery terms with suppliers.Maintain updated supplier details and supplier performance records.Develop alternative suppliers to reduce supply risks and improve competitiveness.Follow up with suppliers regarding delayed orders, shortages, and quality issues.4. Cost & Commercial ManagementConduct quotation comparison and cost analysis.Negotiate competitive pricing based on market conditions, volume, and customer requirements.Monitor price changes and communicate significant cost increases to the relevant stakeholders.Support cost-saving and cost-reduction initiatives.Ensure PO prices are aligned with approved quotations and commercial agreements.5. Delivery & Supply PlanningTrack supplier commitments against required delivery dates.Monitor ETD/ETA and provide regular status updates to internal teams.Escalate delayed or critical orders to suppliers and management.Coordinate urgent requirements and expedite shipments where necessary.Ensure sufficient material availability based on customer demand and forecast.6. Quality & ComplianceCoordinate with Quality teams and suppliers for quality-related issues.Support supplier corrective actions for rejected or non-conforming materials.Ensure purchased fasteners meet customer specifications and applicable standards.7. Inventory & Demand ManagementReview stock levels, open orders, customer demand, and forecasts.Avoid excess inventory and shortages through effective Material planning.Coordinate with Warehouse and Sales teams regarding stock availability.Monitor slow-moving, excess, and obsolete inventory where applicable.8. Reporting & DocumentationMaintain accurate procurement records, supplier information, quotations, POs, order confirmations, and delivery status.Prepare regular procurement and supplier status reports.Maintain open PO and supplier follow-up trackers.Update ERP/system records accurately and on time.Provide Material status updates to management and internal stakeholders.Key Performance Indicators (KPIs)On-time delivery performancePO processing accuracySupplier quality performanceReduction in overdue POsInventory availabilityLead-time improvementRequired SkillsKnowledge of Material and purchasing processes.Supplier negotiation and relationship-management skills.Good communication and follow-up skills.Ability to manage multiple suppliers and priorities.Good knowledge of MS Excel and ERP systems.Strong attention to detail and documentation skills.Preferred Experience 0–1 year of experience in Procurement / Material Planning / Supply Chain. Freshers with relevant educational qualifications are also encouraged to apply. Academic exposure in fasteners, automotive components, engineering products, industrial products, or MRO will be an added advantage. Familiarity with ERP systems such as SAP or D365 is an added advantage. Strong interest in procurement, material planning, supply chain, and inventory management.Educational QualificationBachelor's degree in Supply Chain Management, Procurement, Business Administration, Engineering , Diploma/degree in Mechanical Engineering or any related field.Languages required English & Hindi.