8 - 13 years

3 - 4 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

I. Roles & Responsibilities

1. Strategic Vendor Development & Relationship Engineering

  • Cultivate, structure, and sustain high-trust relationships with vendors to secure

    preferential pricing, priority service, and long-term reliability

    .
  • Engineer a vendor ecosystem where suppliers view the organization as a

    strategic customer

    , not merely a transactional buyer.
  • Conduct periodic vendor performance evaluations and maintain an active pipeline of alternative suppliers to preserve competitive tension.

2. Market Intelligence & Category Mastery

  • Maintain a deep, current, and analytical understanding of the

    market dynamics

    , including price trends, raw material fluctuations, availability constraints, and emerging technologies related to the categories purchased.
  • Demonstrate the ability to

    forecast pricing movements

    , interpret market signals, and leverage that knowledge to time purchases optimally.
  • Benchmark products and suppliers regularly against global standards.

3. Cost Engineering & Comparative Analysis

  • Prepare detailed

    comparative rate sheets

    that evaluate vendors on the basis of cost, quality, delivery reliability, warranty, after-sales support, and compliance.
  • Ensure that procurement decisions are grounded in

    quantitative clarity

    and

    qualitative discernment

    , demonstrating rigorous financial accountability.
  • Develop total-cost-of-ownership (TCO) models to ensure that the lowest price does not compromise lifecycle value.

4. Innovation-Driven Procurement

  • Proactively introduce

    innovative materials, methods, and supplier solutions

    that enhance product performance, reduce cost, or elevate efficiency across projects.
  • Challenge traditional procurement assumptions by identifying unconventional or emerging products that create competitive advantage.
  • Collaborate with engineering, operations, and management to translate new ideas into implemented procurement strategies.

5. Ethical Governance & Compliance Oversight

  • Uphold uncompromising standards of

    transparency, integrity, and fairness

    in all supplier interactions.
  • Ensure full compliance with organizational procurement policies, external regulations, and audit requirements.
  • Maintain meticulous documentation, demonstrating procurement discipline suitable for scrutiny at any level.

6. Negotiation & Contract Management Excellence

  • Conduct negotiations with a

    strategic and analytical mindset

    , employing leverage points derived from market intelligence and vendor performance data.
  • Draft, review, and monitor contracts to ensure clarity of obligations, service levels, penalties, and escalation mechanisms.
  • Safeguard the organization from supply chain risks through strong contractual frameworks.

II. Expectations From a High-Performance Procurement Manager

1. Analytical Rigor

intellectual sharpness, numerical discipline, and a data-driven approach

must be rooted in structured analysis, not assumption or habit.

2. Commercial Foresight

forward-looking mindset

3. Relational Diplomacy

building relationships without becoming dependent, and negotiating without becoming adversarial

4. Ownership & Accountability

their own

5. Innovation Orientation

better materials, alternative options, value-engineering ideas, and cost-saving innovations

6. Precision in Communication

clarity, succinctness, and professional polish

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