Plant Lead - Stores and Procurement

Role & responsibilities

Procurement: • Develop and execute sourcing strategies for raw materials, engineering goods, services, and capital equipment.

• Identify, evaluate, and develop reliable suppliers to ensure uninterrupted supply at optimal cost. • Lead negotiations on price, delivery terms, and contracts while maintaining quality and compliance.

• Ensure procurement activities are aligned with production and maintenance schedules.

• Maintain updated records of purchases, pricing, and delivery timelines in ERP systems (e.g., SAP/Oracle). • Monitor market trends and price movements to plan procurement and minimize cost impacts. Stores Management:

• Supervise and optimize inventory management, including receiving, storage, and issue of materials.

• Ensure implementation of proper material handling, stacking, and preservation techniques. • Oversee periodic physical stock verification and reconciliation with system records. • Maintain minimum and maximum stock levels to avoid stock-outs or overstocking.

• Coordinate with production, maintenance, and project teams for material planning and forecasting. • Ensure proper documentation, coding, and tagging of inventory as per standard norms. Compliance & Process Improvement:

• Ensure all procurement and stores activities comply with internal controls, audit requirements, and statutory regulations (e.g., GST, import/export laws). • Lead continuous improvement initiatives in procurement and stores processes.

• Develop and enforce SOPs and KPIs for procurement and inventory operations.

• Train and mentor team members to enhance productivity and ensure adherence to best practices. Cross-functional Coordination:

• Collaborate closely with Production, Maintenance, Finance, Quality, and Project teams. • Provide regular MIS reports on procurement performance, inventory status, and cost-saving initiatives to SCM HOD.

Preferred candidate profile

Bachelors degree in Engineering / Supply Chain / Commerce. •

Postgraduate diploma or MBA in Supply Chain / Materials Management preferred. •

Certification in procurement or logistics (e.g., CSCP, CPM) is an added advantage.