About The Company
The Company is a Mumbai-based company specializing in high-quality building materials and interior solutions. We design, manufacture, and distribute decorative panels, sheets, hardware, and related products for architects, interior designers, and builders. The Company focuses on product innovation, sustainable sourcing, operational excellence, and building long-term partnerships with customers and suppliers.
Location:
Goregaon, Mumbai
Experience:
7 6 years in Purchase or Supply Chain Management
Education:
MBA or equivalent (Operations/Supply Chain preferred)
Salary:
Rs. 6.0 to 7.0 LPARole Summary
- Lead end-to-end procurement of raw materials, packaging materials, consumables, and services required for Praveedh's manufacturing and distribution operations.
- Drive cost-effective purchasing, ensure reliable supplier performance, maintain optimal inventory levels, and uphold strict quality and compliance standards.
- Support improvements in The Company's supply chain efficiency across factories, warehouses, and vendor networks.
Responsibilities
- Procurement Strategy & Planning
- Develop and execute procurement strategy aligned with business goals, cost targets, and production plans.
- Conduct spend analysis and implement cost-reduction initiatives without compromising quality or supply reliability.
- Forecast purchasing requirements based on production schedules, sales projections, and stock norms.
- Supplier Identification & Development
- Identify, evaluate, and onboard suppliers for raw materials, hardware, sheets, boards, packaging items, and operational services.
- Conduct supplier capability audits, commercial negotiations, and contract finalization.
- Build long-term supplier partnerships to ensure consistent quality, stable pricing, and supply continuity.
- Procurement Operations & Negotiations
- Lead RFQs, comparative analysis, price benchmarking, and negotiation of commercial terms (pricing, lead times, payment terms, warranty, MOQs).
- Ensure timely issuance of purchase orders and adherence to internal approval workflows.
- Drive annual and quarterly rate contracts with key suppliers.
- Inventory Management & Coordination
- Work closely with supply chain, production, and warehouses to maintain optimal stock levels.
- Monitor inbound material timelines, track delays, and ensure minimal stock-outs or excess inventory.
- Coordinate with logistics for efficient inbound freight, routing, and cost optimisation.
- Quality & Compliance
- Ensure all purchased materials meet the technical specifications and quality requirements defined by production and QA.
- Manage rejections, deviations, and supplier corrective action reports.
- Ensure compliance with statutory and environmental requirements applicable to material sourcing.
- Cost Control & Budget Management
- Track procurement spend and identify saving opportunities through strategic sourcing, alternate vendors, and process improvements.
- Maintain cost sheets, price movement dashboards, and procurement KPIs.
- Support finance in timely GRNs, invoice reconciliation, and vendor payments.
- Cross-Functional Collaboration
- Work with production, supply chain, and product teams for new material development, trials, and approvals.
- Coordinate with production to align lead times and raw material availability.
- Support commercial, sales, and factory teams with procurement insights impacting operations.
- Reporting & MIS
- Maintain accurate procurement records, rate cards, vendor lists, delivery schedules, and performance logs.
- Provide weekly/monthly reports on purchase status, cost savings, supplier performance, and risk areas.
- Lead periodic supplier reviews and present performance dashboards to management.
Required Skills & Competencies
- Strong negotiation and vendor management skills.
- Good understanding of procurement processes for manufacturing and preferably building materials.
- Ability to analyse pricing, cost structures, and market trends.
- Competent in Excel, ERP systems (Tally/ERPNext/SAP or equivalent), and data-driven decision-making.
- Strong communication, documentation, and stakeholder management abilities.
- Ability to manage multi-location supply coordination.
Preferred Experience
- Experience working in furniture, building materials, hardware, panels, or manufacturing sectors.
- Exposure to vendor development, logistics coordination, and multi-location warehousing.
- Prior involvement in cost optimisation and supplier consolidation projects.
Skills: new vendor development,erp software,supply chain,quality assurance processes,purchase planning,building materials,procurement,budget management,negotiation,cost control,purchase management
