Deputy General Manager - Purchase

Job Description

Job Title: DGM - Purchase Company: Retail Detailz India Pvt Ltd. Location: Mumbai Overview: We are seeking a highly motivated and skilled DGM - Purchase to join our team at Retail Detailz. As a DGM - Purchase, you will be responsible for overseeing the procurement process for engineering and technical products, ensuring timely acquisition of materials and equipment required for our export operations. Your role will involve vendor management, contract negotiation, and strategic sourcing to support the company's growth and expansion in international markets. Responsibilities: 1. Procurement Strategy and Planning: - Develop and implement procurement strategies, policies, and procedures aligned with the company's objectives and export requirements. - Collaborate with senior management to define procurement budgets, goals, and key performance indicators (KPIs) for cost savings and supplier performance. 2. Vendor Identification and Evaluation: - Identify and evaluate potential suppliers, manufacturers, and distributors of engineering and technical products based on quality, reliability, and cost-effectiveness. - Establish and maintain strong relationships with suppliers to ensure timely delivery, competitive pricing, and favorable terms. 3. Negotiation and Contract Management: - Negotiate contracts, terms, and conditions with suppliers/vendors to obtain the best possible pricing, payment terms, and delivery schedules. - Review and finalize purchase agreements, purchase orders, and supply contracts in accordance with company policies and legal requirements. 4. Sourcing and Procurement: - Source and procure a wide range of engineering and technical products, including machinery, equipment, components, and spare parts, from domestic and international markets. - Conduct market research and supplier assessments to identify new sources of supply and optimize procurement channels. 5. Inventory Management and Control: - Monitor inventory levels, stock availability, and lead times to ensure adequate supply of materials and equipment for export orders. - Implement inventory management techniques, such as just-in-time (JIT) inventory, to minimize carrying costs and optimize working capital. 6. Quality Assurance and Compliance: - Ensure compliance with quality standards, product specifications, and regulatory requirements in procurement activities. - Conduct supplier audits and quality inspections to assess supplier performance and product quality. 7. Team Leadership and Development: - Lead and supervise a team of procurement professionals, providing guidance, training, and support to achieve departmental objectives. - Foster a culture of collaboration, innovation, and continuous improvement within the procurement team. Requirements: - Bachelor's degree in Engineering, Business Administration, Supply Chain Management, or a related field. Master's degree or professional certification (e.g., CSCP, CIPS) is a plus. - Proven experience in procurement, purchasing, or supply chain management, preferably in an exports company dealing with engineering and technical products. - Strong knowledge of procurement principles, practices, and techniques, with a focus on international sourcing and logistics. - Excellent negotiation, communication, and interpersonal skills to interact effectively with suppliers, vendors, and internal stakeholders. - Proficiency in using procurement software and tools for sourcing, vendor management, and contract administration. - Analytical mindset with the ability to analyze data, identify trends, and make data-driven decisions to optimize procurement processes. - Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced export environment. - Familiarity with export regulations, customs procedures, and international trade documentation is preferred. - Willingness to travel occasionally for supplier/vendor visits, trade fairs, or industry conferences. Join our team at Retail Detailz and play a key role in driving procurement excellence and supporting our export operations in the engineering and technical products market. Apply now to be part of a dynamic and growing organization committed to innovation and success in international trade! Job Type: Full-time Pay: ₹80,000.00 - ₹90,000.00 per month Benefits: Health insurance Schedule: Day shift Supplemental Pay: Yearly bonus Application Question(s): What is your current CTC & expected CTC How many years of procurement experience you have? What is your Notice Period? Experience: total work: 8 years (Required) Location: Bhandup West, Mumbai, Maharashtra (Preferred) Work Location: In person