Purchase Manager/Executive

Purchase Manager/Executive

Department: Procurement & Supply Chain

Industry: Magnet Wire / Electrical Wire Manufacturing

Qualifications: Any degree or relevant qualification

Experience: 5 to 10 years as a Purchase Executive (manufacturing or electrical wire industry)

Work Location: Hyderabad

Role Overview

As a Purchase Manager, you will be responsible for end-to-end procurement activities, supplier management, cost optimization, and timely sourcing of materials—especially copper, insulation materials, and other components used in magnet wire production. You will work closely with production, quality, and finance teams to ensure seamless supply chain operations aligned with business goals.

Key Responsibilities

• Plan, execute, and manage procurement of raw materials, consumables, and capital goods as per production requirements.
• Identify, evaluate, and develop reliable suppliers/vendors, ensuring competitive pricing and quality.
• Negotiate contracts and terms with suppliers for long-term cost effectiveness.
• Maintain optimum inventory levels to avoid production downtime while minimizing carrying costs.
• Coordinate with production and stores teams to forecast material demand and ensure timely availability.
• Monitor market trends (especially copper pricing) and proactively adapt sourcing strategies.
• Ensure compliance with company procurement policies, statutory regulations, and documentation standards.
• Drive vendor performance evaluation, quality control checks, and corrective actions when required.
• Prepare and manage purchase budgets, reports, and MIS for leadership review.
• Collaborate with finance and audit teams for payment terms, GRN approvals, and cost control initiatives.
• Must be into indirect Purchase, Scrap management, Scrap sale,
• Strong negotiation, analytical, and vendor management skills.
• Proven experience in raw material procurement (especially copper, aluminium, resins, varnishes).

Job Type: Full-time

Pay: ₹17,936.58 - ₹53,637.29 per month

Benefits:

• Health insurance
• Provident Fund