6 - 8 years

5 - 7 Lacs

Posted:1 hour ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Title:

Education Qualification

  • DME (Diploma in Mechanical Engineering)

    +

    Any Graduation

    (in any stream acceptable)

Experience Required

  • 6 – 8 Years

    for DME candidates
  • 10 – 12 Years

    experience in

    Purchase Department in Tool Manufacturing Company

1. Strategy & Leadership

  • Develop and execute company-wide purchasing strategies
  • Lead the procurement team and define departmental KPIs
  • Set goals, track performance, and drive procurement excellence

2. Supplier & Vendor Management

  • Identify, evaluate and onboard new suppliers
  • Build strong long-term relationships with existing vendors
  • Manage contracts and ensure supplier performance meets company standards

3. Negotiation

  • Negotiate pricing, contracts and supply terms
  • Achieve cost savings while maintaining quality and delivery timelines

4. Cost & Inventory Management

  • Manage purchasing budgets effectively
  • Ensure cost-effective procurement practices
  • Monitor inventory to prevent shortages or excess stock

5. Compliance & Market Analysis

  • Ensure compliance with legal and regulatory procurement norms
  • Conduct market research to track industry trends and pricing
  • Analyze procurement data for informed decision-making

6. Cross-Functional Collaboration

  • Work with production, design, store, and finance teams
  • Ensure timely procurement and delivery of materials and services

Required Skills

  • Strong negotiation and communication skills
  • Leadership and team management capability
  • Analytical and problem-solving mindset
  • Knowledge of supply chain principles and budgeting
  • Proficient in

    Microsoft Office Suite (Excel, Word, PPT, Outlook)

Job Location

  • Aurangabad

Contact Details

  • HR Name:

    Ashwini
  • Phone:

    8484955158
  • Email:

    hr@rainbowtechnologies.co.in

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