Manager - Purchase

PURCHASE – MANAGER

Key Responsibilities:

• Procurement Planning & Sourcing:
• Identify, evaluate, and onboard reliable suppliers for valve industry-specific items (e.g., castings, forgings, fasteners, seals).
• Plan and execute procurement schedules based on production and project requirements.
• Negotiate price, delivery, and payment terms with vendors.
• Vendor Management:
• Develop and maintain long-term relationships with key suppliers.
• Monitor supplier performance – delivery, quality, and cost compliance.
• Conduct vendor audits and reviews.
• Inventory & Cost Control:
• Optimize inventory levels to meet production without overstocking.
• Ensure cost control in purchasing activities without compromising quality.
• Implement cost-saving initiatives and alternate sourcing strategies.
• Documentation & Compliance:
• Maintain accurate records of purchases, pricing, and delivery.
• Ensure compliance with company policies, legal guidelines, and quality standards (ISO, IBR, etc.).
• Coordinate with accounts for timely payments and clearances.
• Cross-functional Coordination:
• Work closely with design, production, and quality departments to understand specifications.
• Follow up on material inward and dispatch schedules.
• Coordinate with logistics and stores for timely material movement.

Market Intelligence:

• Stay updated on raw material trends, supplier movements, and global price fluctuations.
• Benchmark prices and identify cost improvement opportunities.

Key Skills & Competencies:

• Knowledge of valve components and materials (CI, SG Iron, CF8M, WCB, etc.)
• Excellent negotiation and communication skills
• ERP system knowledge
• Vendor development and assessment
• Strong analytical and problem-solving ability
• Technical understanding of engineering drawings and BOMs

Qualifications & Experience:

• Bachelor's degree in Mechanical Engineering or related field
• MBA in Supply Chain / Materials Management (preferred)
• 10+ years of purchase experience in the valve/engineering industry
• Familiar with domestic and international sourcing

Job Types: Full-time, Permanent

Pay: From ₹35,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Paid sick time
• Provident Fund

Schedule:

• Day shift

Supplemental Pay:

• Performance bonus
• Yearly bonus

Work Location: In person