30 Jul
|
Fafeco Furnance & Foundry Equipment
|
Maharashtra
30 Jul
Fafeco Furnance & Foundry Equipment
Maharashtra
Role & responsibilities
Position Title: Manager / Assistant Manager Purchase
Department: Purchase / Procurement
Location: Mumbai
Reporting To: Head Operations Manager / Business Unit Manager
Company Overview:
FAFECO is a leading name in the EOT crane manufacturing industry with a strong presence across Mumbai, Pune, Ahmedabad, and Bhilai. We are committed to delivering high-quality engineered lifting solutions tailored to diverse industrial applications.
Job Purpose:
The Manager/Assistant Manager Purchase will be responsible for the strategic procurement of raw materials, components, and services required for EOT crane manufacturing. The role involves vendor development, cost control, timely procurement, and compliance with company standards and delivery schedules.
Preferred candidate profile
Key Responsibilities:
- Plan, manage, and execute all procurement activities for mechanical, electrical, and structural components.
- Develop and maintain vendor relationships, ensuring quality, cost-effectiveness, and timely deliveries.
- Negotiate contracts, prices, and delivery terms with suppliers to optimize procurement cost.
- Issue purchase orders and track order status, delivery schedules, and invoices.
- Work closely with the Design, Production, Stores, and Accounts departments to align procurement with project timelines.
- Maintain up-to-date knowledge of market trends, material availability, and alternate sourcing.
- Monitor and manage inventory levels in coordination with the stores and warehouse teams.
- Ensure compliance with internal procurement processes and documentation standards.
- Address non-conformance issues with vendors and take corrective actions.
- Prepare reports on procurement KPIs, cost savings, and supplier performance.
Key Skills & Competencies:
- Strong negotiation and vendor management skills.
- Sound knowledge of mechanical/electrical components used in crane manufacturing.
- Familiarity with sourcing fabrication items, motors, gearboxes, panels, etc.
- Excellent communication and interpersonal skills.
- Working knowledge of ERP systems.
- Analytical mindset with attention to detail and accuracy.
Qualifications & Experience:
- Bachelors Degree in Engineering (Mechanical / Electrical) or Commerce.
- Postgraduate qualification in Materials Management / Supply Chain will be an advantage.
- Minimum 68 years of relevant experience in procurement, preferably in a crane or heavy engineering/manufacturing industry.
- Candidates with experience in EOT crane manufacturing will be given preference.
KRAs & KPIs – Manager / Assistant Manager | Purchase
KRA
Key Performance Indicators (KPIs)
Procurement Planning & Timely Purchasing
- On-time release of Purchase Orders 95%
• Material availability as per production/project plan 98%
• Zero production stoppage due to procurement delays
Cost Control & Savings
- Year-on-year cost savings through negotiation 5–8%
• Price variance within approved budget limits
• Effective alternate sourcing for cost optimization
Vendor Management & Development
- Vendor delivery adherence 95%
• Vendor quality acceptance rate 98%
• Minimum 2 recent/alternate vendors developed per year
Quality & Compliance in Procurement
- Reduction in vendor-related NCRs 10% YoY
• Timely closure of vendor NCRs 95%
• Compliance with approved vendor list (AVL) – 100%
Inventory & Stores Coordination
- Inventory turnover improvement as per target
• Reduction in excess / obsolete inventory
• Stock accuracy in coordination with Stores 98%
Cross-Functional Coordination
- Effective coordination with Design, Production, Quality & Accounts
• Timely resolution of specification / drawing-related procurement issues
• Feedback from internal stakeholders
Contract, PO & Documentation Control
- PO accuracy (price, quantity, terms) 99%
• Zero major audit observations related to procurement documentation
• Timely submission of procurement MIS & reports
ERP / System Compliance
- 100% procurement transactions through ERP
• Data accuracy and real-time updating of procurement records
• Timely GRN and invoice coordination with Accounts
Market Intelligence & Risk Management
- Regular tracking of price trends and material availability
• Risk mitigation plans for critical materials
• Alternate sourcing identified for all critical items
📌 Purchase Manager and Assistant Manager Purchase (Maharashtra)
🏢 Fafeco Furnance & Foundry Equipment
📍 Maharashtra