ABOUT THE ROLE
Company is seeking an experienced Purchase Executive / Assistant Manager and Purchase Manager to lead its purchase function for heavy machinery and steel processing equipment manufacturing. The core of this role is leadership of the purchase team owning strategic sourcing, vendor development, cost control and on-time supply of raw materials, fabricated and machined components and bought-out items, so that project and production schedules are never held up.
ELIGIBILITY & CANDIDATE PROFILE
- Qualification: B.E. / B.Tech (Mechanical / Electrical / Production) or B.Com / BBA with MBA in Supply Chain / Materials Management preferred.
- Domain Experience: 18+ years of hands-on purchase / procurement experience in a manufacturing industry (heavy machinery, engineering or steel processing preferred), including at least 6 years leading a purchase team.
- Commercial Knowledge: Strong negotiation skills, contract and PO terms, payment terms, GST implications and Incoterms; ability to read drawings and BOMs at a working level.
- Systems: ERP experience (SAP MM preferred) and advanced MS Excel for comparatives and MIS.
- Preferred: Exposure to mechanical and electrical bought-outs (bearings, gearboxes, hydraulics, motors, drives, panels), import purchases and vendor development in the NCR industrial belt.
KEY RESPONSIBILITIES
- Leading, mentoring and managing the purchase team (mechanical and electrical) — work allocation, performance review, skill development and succession planning.
- Driving strategic sourcing and vendor development — identifying, evaluating and approving vendors; maintaining the approved vendor list and vendor ratings.
- Floating RFQs, preparing techno-commercial comparisons, negotiating and finalising POs and rate contracts, with clear cost-saving targets.
- Planning procurement against project BOMs, production schedules and MRP; ensuring on-time availability of steel plates and sections, castings, forgings, machined and fabricated items, and bought-out items.
- Coordinating with Design, Projects, Production, Stores, Quality and Accounts for specifications, schedules, inspection and payments.
- Driving cost reduction through price benchmarking, long-term contracts, alternate vendor development and value engineering with the design team.
- Ensuring vendor quality and delivery performance — supplier audits, inspection coordination, rejection handling and corrective action.
- Managing purchase budgets, PO tracking, advances and payment terms, and vendor reconciliations with Accounts; ensuring commercial and statutory compliance.
- Coordinating import purchases with the import–export team for documentation, clearance and landed-cost control.
- Working with Stores to control inventory — avoiding stock-outs and reducing excess and slow-moving stock.
- Setting purchase policies, SOPs, approval matrix and documentation standards.
KEY TECHNICAL & PROFESSIONAL SKILLS
- Strong command of procurement of raw materials, fabricated / machined components and mechanical and electrical bought-outs.
- Expertise in negotiation, cost analysis, contract management and vendor development.
- Working knowledge of GST, Incoterms, payment terms and import purchase procedures.
- Proficiency in SAP / ERP (MM module preferred) and MS Excel.
- Proven leadership, team management and decision-making ability.
- Strong analytical, planning and follow-up skills with excellent communication and stakeholder management.