Manager-Purchae

Role & responsibilities

• Procurement & Sourcing
• Identify, evaluate, and develop reliable suppliers/vendors for raw materials, components, consumables, and services.
• Negotiate best prices, payment terms, and contracts with vendors.
• Ensure on-time procurement to avoid production delays.
• Material Planning & Inventory Management
• Coordinate with production and planning teams to forecast material requirements.
• Maintain optimum stock levels to balance between uninterrupted production and cost control.
• Implement Just-In-Time (JIT) and cost-saving measures.
• Vendor Development & Management
• Build strong relationships with suppliers to ensure consistent quality and supply.
• Conduct vendor audits, evaluations, and performance monitoring.
• Develop alternate vendors for critical components to minimize risks.
• Cost Control & Budgeting
• Identify opportunities for cost reduction without compromising quality.
• Manage purchase budgets and report variances.
• Track market trends in steel, alloys, cutting tools, and other raw materials relevant to tool manufacturing.
• Compliance & Documentation
• Ensure compliance with statutory norms, GST, and import/export regulations.
• Prepare and maintain purchase orders, contracts, and procurement MIS.
• Ensure adherence to company policies and audit requirements.
• Cross-Functional Coordination
• Work closely with production, stores, quality, and finance departments.
• Support new product development (NPD) by sourcing required materials and components.
• Coordinate logistics for timely delivery of materials.

Preferred candidate profile

• Strong knowledge of

  purchase planning, cost control, and inventory management

  .
• Excellent skills in

  vendor management

  , including evaluation, onboarding, and performance monitoring.
• Proficiency in handling

  purchase orders, quotations, contract negotiations

  , and

  supply chain coordination

  .
• Familiarity with

  ERP systems

  and

  MS Office tools

  .
• Excellent

  communication and negotiation skills

  .

Strong problem-solving ability and decision-making skills.

Coordinate with internal departments (production, stores, QA, etc.) to ensure timely and cost-effective purchasing.

• Develop and maintain strong relationships with suppliers to ensure quality and reliability.
• Monitor and optimize purchase costs and delivery timelines.

Lead, train, and guide the purchase team to meet departmental KPIs.