Procurement Manager- Commercial

5 - 7 years

5 - 8 Lacs

Mumbai Navi Mumbai Mumbai (All Areas)

Posted:1 week ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities:

Key Responsibilities:

Procurement Strategy & Cost Control

  • Develop and implement effective purchasing strategies aligned with company goals.
  • Drive

    cost control initiatives

    to reduce project expenditure without compromising quality.
  • Prepare and monitor

    project cost estimates

    and budgets to ensure alignment with tender targets.
  • Achieve

    least cost solutions for winning tenders

    by optimizing supplier negotiations and procurement methods.
  • Control the

    overall Purchase Budget

    and ensure compliance with financial constraints.
  • Control and monitor

    Project CTC (Cost to Company) Value

    through continuous data tracking and corrective actions.

Operational & Logistic Execution

  • Ensure

    timely procurement

    and

    speedy mobilisation of labour and materials

    to project sites.
  • Manage

    Purchase Planning and Scheduling

    for on-time delivery of goods and resources.
  • Oversee

    Inventory Management

    ensuring optimal stock levels, avoiding overstocking/understocking.

Vendor & Supplier Management

  • Act as the

    primary liaison

    between the company and external vendors/suppliers.
  • Identify, evaluate, and

    research new suppliers

    to improve material quality and pricing.
  • Attend and contribute in

    cross-functional meetings

    with Legal, Engineering, Vendors, and Suppliers.
  • Process

    purchase orders

    efficiently and ensure full compliance with procurement procedures.
  • Maintain

    accurate records

    of orders, payments, supplier performance, and inventory.

Reporting & Documentation

  • Prepare and submit

    presentation reports

    for management review.
  • Generate detailed

    MIS Reports

    – including consumption tracking, forecasting, and variance analysis.
  • Scrutinize reports to identify procurement inefficiencies and implement corrective strategies.

Key Skills Required:

  • Strategic Thinking & Cost Optimization
  • Vendor Negotiation & Management
  • Strong Analytical & Budgeting Skills
  • Supply Chain & Logistics Coordination
  • Effective Communication & Cross-functional Collaboration
  • Advanced Excel / ERP / MIS Reporting

Outline the day-to-day responsibilities for this role.

Preferred candidate profile:

Specify required role expertise, previous job experience, or relevant certifications.

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