Manager - Purchase and Commercial

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1. Job Purpose

To effectively plan and execute material procurement with a focus on cost optimization, timely delivery, and , ensuring alignment with customer expectations and the organization's operational goals. The role plays a critical part in material cost control, vendor management, store Management , inventory management and overall supply chain efficiency across the company.

2. Key Responsibilities & Accountabilities

A. Material Costing & Pricing

• Determine process and raw material (RM) costs.
• Drive cost-saving and cost-reduction initiatives (e.g., VA/VE, scrap/waste reduction).
• Lead procurement negotiations with vendors to ensure competitive pricing.

B. Raw Material Planning & Procurement

• Schedule and order raw materials as per vendor Share of Business (SOB) and SOP compliance.
• Coordinate with plant teams for periodic reviews and align procurement with production needs.

C. Vendor Development & Management

• Implement vendor consolidation and improvement programs using vendor rating systems.
• Knowledge about Project Management.
• Resolve quality issues and assess supplier capacity.
• Support vendors in improving quality, cost efficiency, delivery performance, and 5S implementation.
• Price settlement with suppliers and ensure the supplementary and debit notes calculation as per price settlement in case of bad-debts with vendors and customers.
• Variance of standard cost vs actual cost of product.

D. Costing & Procurement for New Product Development

• Identify suitable suppliers and evaluate make vs. buy decisions with engineering teams.
• Share technical specs, drawings, and tentative POs for NPD requirements.
• Manage cost estimation and pricing for new components.
• Ensure quality monitoring of outsourced materials and provide feedback to suppliers.
• Finalize BOM and costing once the process stabilizes for mass production.

E. Department Performance & Team Management

• Lead and manage the Commercial team at corporate and plant levels.
• Conduct fortnightly/monthly reviews on key metrics:
• Vendor performance (quality, delivery, cost)
• Production losses/downtime due to material unavailability
• Cost-saving initiatives
• Present monthly performance reviews to MD/JMD based on key parameters.

3. Desired Candidate Profile

• Bachelor's degree in engineering (Mechanical/Electrical/Industrial preferred) or equivalent.
• Strong techno-commercial acumen with hands-on experience in costing and supplier negotiations.
• Proven experience in material planning, vendor development, and cost optimization.
• Excellent analytical, negotiation, and leadership skills.
• Prior experience in the automotive or manufacturing sector is highly preferred.