Manager / Sr. Manager - Procurement

Key Responsibilities:Operational Expenditure (OPEX) Procurement: Vendor Development & Management: Identify, evaluate, and negotiate with suppliers to ensure quality, cost-effectiveness, and timely deliveries. Cost Optimization: Implement cost-saving initiatives while maintaining production efficiency. Inventory Management: Monitor stock levels to prevent shortages and excess inventory. Compliance & Quality Assurance: Ensure all purchases adhere to company policies, industry regulations, and quality standards. Capital Expenditure (CAPEX) Procurement: Supplier Negotiation & Contracts: Manage contracts, warranties, and service agreements for large capital purchases. Project Coordination: Collaborate with production, engineering, and finance teams to plan and execute CAPEX projects. Budget Management: Ensure all capital investments align with budgetary constraints and ROI objectives. Risk Assessment: Evaluate financial and operational risks related to capital investments. Qualifications & Experience: Education: Bachelors/Master’s degree in Supply Chain Management, Engineering, Business Administration, or a related field. Experience: 5-10 years of procurement experience in the textile or manufacturing industry, with expertise in both OPEX / CAPEX. Technical Knowledge: Understanding of textile production processes, machinery, and supply chain logistics. Skills & Competencies: Strategic Sourcing & Negotiation: Strong ability to secure cost-effective deals while maintaining quality. Financial Acumen: Knowledge of budgeting, cost control, and financial analysis. Project Management: Ability to handle large-scale procurement projects. ERP & Procurement Software: Experience with SAP, Oracle, or similar tools. Problem-Solving & Decision-Making: Ability to manage procurement challenges effectively. Regulatory Compliance: Familiarity with procurement policies, ESG (Environmental, Social, and Governance), and sustainability initiatives.