Purchase Manager - Coimbatore

9 - 14 years

0 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities:

1. Procurement Planning & Sourcing:

  • Identify, evaluate, and onboard reliable suppliers for valve industry-

specific items (e.g., castings, forgings, fasteners, seals).

  • Plan and execute procurement schedules based on production and

project requirements.

  • Negotiate price, delivery, and payment terms with vendors.

2. Vendor Management:

  • Develop and maintain long-term relationships with key suppliers.
  • Monitor supplier performance delivery, quality, and cost compliance.
  • Conduct vendor audits and reviews.

3. Inventory & Cost Control:

  • Optimize inventory levels to meet production without overstocking.
  • Ensure cost control in purchasing activities without compromising

quality.

  • Implement cost-saving initiatives and alternate sourcing strategies.

4. Documentation & Compliance:

  • Maintain accurate records of purchases, pricing, and delivery.
  • Ensure compliance with company policies, legal guidelines, and quality

standards (ISO, IBR, etc.).

  • Coordinate with accounts for timely payments and clearances.

5. Cross-functional Coordination:

  • Work closely with design, production, and quality departments to

understand specifications.

  • Follow up on material inward and dispatch schedules.
  • Coordinate with logistics and stores for timely material movement.

6. Market Intelligence:

  • Stay updated on raw material trends, supplier movements, and global

price fluctuations.

  • Benchmark prices and identify cost improvement opportunities.

Key Skills & Competencies:

Knowledge of valve components and materials (CI, SG Iron, CF8M, WCB,

etc.)

Excellent negotiation and communication skills

ERP system knowledge

Vendor development and assessment

Strong analytical and problem-solving ability

Technical understanding of engineering drawings and BOMs

Qualifications & Experience:

Bachelors degree in Mechanical Engineering or related field

MBA in Supply Chain / Materials Management (preferred)

10+ years of purchase experience in the valve/engineering industry

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