Procurement Manager

Job Summary:

We are seeking a dynamic and experienced Manager – Procurement / Supply Chain

Salary :-

45 to 50K CTC

Other Benefits:- Canteen+Transportation+Medical.

Key Responsibilities:

1. Vendor Development:

• Identify, assess, and develop new suppliers (domestic and international) for direct and indirect materials.
• Build a reliable vendor base to support current and future business needs.
• Conduct supplier audits, capability assessments, and commercial evaluations.

2. Import Sourcing:

• Source critical components and raw materials from overseas suppliers (e.g., China, Europe, Southeast Asia, etc.).
• Handle end-to-end import procurement including RFQs, negotiation, PO issuance, INCOTERMS, LC coordination, and shipment follow-ups.
• Work with CHA/logistics partners to ensure timely clearance and delivery.

3. Support for New Product Development (NPD):

• Collaborate with R&D, Design, and Quality teams to understand technical requirements of new parts/components.
• Identify suitable suppliers for prototype and pre-series sourcing (local and global).
• Ensure timely delivery of samples, tooling, and trial materials to meet project milestones.
• Track NPD BOM requirements and establish commercial terms with suppliers.

4. Cost Optimization & Supply Assurance:

• Drive cost-saving initiatives through localization, alternate sourcing, and negotiation.
• Monitor price trends, material cost movements, and currency impacts.
• Ensure on-time availability of materials for trials and production without compromising quality.

5. System & Compliance:

• Maintain accurate and updated procurement records in ERP system.
• Ensure compliance with import regulations, documentation, and company policies.
• Coordinate with finance and logistics teams for payment processing and inbound planning.

Key Skills & Competencies:

• Strong knowledge of

  vendor development

  and

  import sourcing

• Familiarity with NPD timelines

  , engineering BOMs, and part approval processes
• Good understanding of

  INCOTERMS

  , international trade rules, and import documentation
• Negotiation and analytical skills
• Working knowledge of

  ERP systems

  (SAP, Oracle, etc.)
• Strong coordination, planning, and follow-up skills.

Qualifications:

• BE/B.Tech in Mechanical / Electrical / Production Engineering
• 5–7 years of relevant experience in manufacturing industries with NPD sourcing and import exposure