Posted:21 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview:

  • We are looking for a Purchase Manager (full time, onsite in Bengaluru) to join our dynamic team at Selmount Power Systems Pvt. Ltd.
  • Will be responsible for end-to-end procurement of materials required for control panel manufacturing.
  • Ensure timely sourcing, vendor development, negotiation, and supply coordination.
  • Maintain strong liaison with Design, Production, Stores and Quality departments.
  • Focus on cost optimization, vendor reliability and timely material availability.

Key Responsibilities:

1) Procurement Planning & Execution

  • Develop and implement effective purchase strategies.
  • Plan material requirements based on project and production schedules.
  • Maintain optimum inventory levels and track budget utilization.
  • Forecast demand and align procurement accordingly.

2) Vendor Management

  • Identify, evaluate, and develop reliable suppliers for electrical, fabrication, and automation items.
  • Conduct regular vendor performance evaluations (price, quality, and delivery).
  • Build long-term vendor relationships to ensure consistent supply and quality.

3) Sourcing & Negotiation

  • Invite quotations, prepare comparison statements, and finalize suppliers.
  • Negotiate prices, credit terms, and delivery timelines for best value.
  • Issue purchase orders as per approved specifications and commercial terms.

4) Coordination & Follow-up

  • Coordinate with internal departments for material planning and prioritization.
  • Monitor open purchase orders and follow up for timely delivery.
  • Resolve delivery issues, shortages, or rejections in coordination with vendors and QC.

5) Cost Control & Reporting

  • Analyze market trends for potential cost-saving opportunities.
  • Maintain purchase MIS reports, budget comparisons, and rate contract data.
  • Support management with procurement-related analysis and periodic reports.

6) Documentation & Compliance

  • Ensure accurate documentation of all procurement activities as per ISO / QMS standards.
  • Maintain purchase records, GRNs, invoices, and quality certifications.
  • Comply with GST and internal audit requirements.

Required skills:

  • Technical knowledge

    : Strong technical knowledge of control panel components, switchgear, and automation products, Proficiency in ERP and procurement software.
  • Negotiation skills

    : Exceptional ability to negotiate favorable terms and build profitable vendor relationships.
  • Analytical skills

    : Strong analytical and problem-solving abilities to assess market trends, evaluate suppliers, and manage costs.
  • Leadership:

    Proven leadership skills to manage and motivate a purchasing team effectively.
  • Communication:

    Excellent communication and interpersonal skills to collaborate with internal departments and external suppliers.
  • Detail-oriented:

    High attention to detail for managing contracts, records, and ensuring compliance.

Qualification:

  • B.E / Diploma in Electrical or Electronics Engineering Mandatory.
  • MBA / PG Diploma in Materials Management Preferred.

Why Join Us

  • Exposure to industry-standard practices in control panel manufacturing.
  • Supportive work environment with growth opportunities.
  • 23 year old company with good recognition & leadership

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