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Description
Greetings from Synergy Resource Solutions, a leading recruitment consultancy firm. We are hiring for our client company, who are a start up company & established their operations before 3 years & around 80 employees all over India & head office at Bangalore location. The company is exporting casting & machining components from India to other countries. Job Title: Procurement Manager – Castings Department: Procurement / Sourcing Reports To: Head – Strategic Sourcing Experience: 5 - 7 years Job Location: Bangalore, HSR Layout Role Overview: Procurement Manager is responsible for vendor development, strategic sourcing, purchasing, and supply chain management of metal castings and components required by the organization. This role requires deep understanding of fundamental types of castings (Sand/ investment, PDC/GDC), foundry process and machining operations and costing. Additional requirement include evaluating raw materials, labor, overheads, tooling, and production processes to determine the most accurate and competitive cost estimate. This position requires a deep understanding of the casting industry, vendor management, cost optimization, quality assurance, and supply chain dynamics. The role ensures that the company secures quality castings at competitive prices, while maintaining on-time delivery and fostering long-term supplier relationships. Key Responsibilities: 1. Strategic Sourcing & Supplier Management: o Develop and implement sourcing strategies for Casting materials and components, including ferrous and non-ferrous castings, precision castings, and other specialized products. o Develop cost models for various casting processes (e.g., sand casting, die casting (GDC, PDC), investment casting) and materials including Bar Stock and Fabrication machining o Identify, evaluate, and establish relationships with reliable suppliers (Foundries and Die Casters) to secure cost-effective, high-quality products. o Negotiate terms, prices, and contracts with suppliers to ensure favorable procurement conditions including long term agreements o Continuously monitor supplier performance and resolve any issues related to product quality, delivery, and lead times. o Lead time management for each and every component under manufacturing 2. Procurement Operations: o Manage the end-to-end procurement process for castings, from order creation to delivery. o Monitor and manage production timelines of casting products to prevent delays, shortages and minimize excess stock. o Work closely with internal teams, such as Engineering (PD), Production, and Quality assurance, to ensure material specifications and requirements are met. 3. Cost Management & Optimization: o Develop cost-reduction strategies and work to improve procurement processes, achieving savings without compromising quality or delivery timelines. o Analyze market trends, material prices, and supplier capabilities to forecast cost fluctuations and adjust procurement strategies accordingly. o Track project procurement budgets and report on cost-saving initiatives and any variances from the forecast 4. Quality Assurance & Compliance: o Ensure that all purchased castings meet quality standards and specifications. o Coordinate with the quality control department to address non-conformance issues and ensure corrective actions are taken. o Stay updated with quality standards (ASTM, ISO, EN) of industry standards, certifications, and regulatory requirements related to castings mfg. 5. Cross-Functional Collaboration: o Collaborate with engineering teams to ensure that technical specifications for castings are accurate and aligned with production requirements. o Work closely with manufacturing teams to ensure smooth integration of castings into production processes and schedules. o Communicate with finance and logistics teams to optimize budget, lead times, and transportation for casting products. 6. Market Research & Supplier Development: o Conduct market research to identify emerging trends in the casting industry, new technologies, and potential suppliers. o Participate in industry conferences, workshops, and other events to stay updated on best practices and innovations. 7. Reporting & Documentation: o Maintain accurate records of procurement activities, including contracts, price lists, order histories, and supplier performance data. o Prepare regular reports for senior management regarding procurement activities, cost savings, supplier performance, and other key performance indicators (KPIs). Required Qualifications: • Education: Bachelor’s degree in Mechanical/ Metallurgical Engineering • Experience: o Minimum of 5 years of experience in procurement, sourcing, or supply chain management, with at least 1-2 years in the Metals and Specifically Castings Commodity industry or a similar field. o Experience in managing the procurement of materials, including castings, metals, or precision components. o Strong background in supplier relationship management and contract negotiation. o Experience in cost management, cost reduction strategies, and market analysis. • Skills: o Strong knowledge of the casting industry, including various casting methods, materials, and production processes. o Excellent negotiation, communication, and interpersonal skills. o Proficiency in procurement software and Microsoft Office (Excel, Word, PowerPoint). o Ability to work collaboratively in a cross-functional team environment. Preferred Qualifications: • Experience in managing global supplier networks. • Familiarity with ERP systems and supply chain management tools. • Strong project management skills with the ability to manage multiple priorities and deadlines. Physical Requirements: • Ability to work in an office environment and visit supplier facilities as needed. • Frequent travel may be required for supplier visits and industry events If your profile matches with requirement & if you are interested, please share your updated resume with details of your present salary, expectations & notice period. Show more Show less
