AM/Manager-Purchase Impact Hr Km Solutions

6.0 - 8.0 years

8 - 10 Lacs

Nashik, Maharashtra, India

On-site

Strategic Sourcing & Vendor Management: Develop and implement strategic sourcing plans for critical materials, components, and services to meet business objectives. Identify, evaluate, and qualify new suppliers based on stringent criteria, including quality, cost, delivery, and reliability. Lead vendor development initiatives to build a robust and diversified supplier base. Establish and maintain strong, collaborative relationships with key suppliers, fostering long-term partnerships. Conduct regular vendor performance reviews, implementing corrective actions and continuous improvement plans. Negotiation & Contract Management: Lead complex negotiations with suppliers to secure optimal pricing, favorable terms, and contract conditions. Draft, review, and finalize purchase agreements, contracts, and service level agreements (SLAs). Ensure all contractual obligations are met by both the company and its suppliers. Manage contract renewals and renegotiations strategically. Cost Optimization & Budgeting: Drive significant cost reduction initiatives through strategic sourcing, value engineering, and demand management. Conduct comprehensive market analysis and benchmarking to identify cost-saving opportunities and market trends. Develop and manage the procurement budget, tracking spend against allocated funds and reporting variances. Operational Execution & Compliance: Oversee the entire purchase-to-pay cycle, from requisition to final payment, ensuring efficiency and accuracy. Ensure all procurement activities comply with company policies, ethical guidelines, and relevant legal and regulatory frameworks in India (e.g., GST, customs, import/export regulations). Implement and maintain robust internal controls within the procurement process. Manage and optimize inventory levels in coordination with production, planning, and warehousing teams. Team Leadership & Development (for Manager level): Lead, mentor, and develop a team of procurement professionals, fostering a culture of high performance and continuous learning. Set clear performance objectives, conduct appraisals, and provide constructive feedback. Delegate tasks effectively and ensure efficient workload distribution within the team. Cross-functional Collaboration & Reporting: Collaborate closely with various internal departments (e.g., Production, Engineering, R&D, Quality, Finance) to understand their specific material and service requirements. Prepare and present detailed procurement reports, including spend analysis, savings achieved, vendor performance, and market insights, to senior management. Contribute to strategic business planning by providing procurement intelligence.

Posted 5 days ago

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