Job Title: Buyer Steel Commodities (Stainless Steel & Mild Steel / Coils & Sheets)

Department: Procurement / Supply Chain

Job Summary

We are looking for an experienced and proactive Buyer specializing in Stainless Steel (SS) and Mild Steel (MS) raw materials, specifically coils and sheets. The ideal candidate will manage the end-to-end procurement process, ensure uninterrupted raw material availability for production, drive cost optimization, and manage vendor relationships while adhering to company Standard Operating Procedures (SOPs).

Key Responsibilities

Procurement & Planning

- Source and arrange material as per the approved production plan to prevent any stockouts.
- Coordinate with Production and Stores teams to ensure a smooth, continuous flow of raw materials (RM).
- Adhere to SOPs in all purchasing and procurement activities.

Cost & Pricing Management

- Work on continuous cost reduction initiatives through strategic negotiations and value engineering.
- Work out detailed costing sheets for all raw materials to analyze market trends and price breakdowns.
- Monitor commodity prices (LME/global/domestic steel markets) and act swiftly to secure cost savings and optimal buying windows.

Vendor Management & Development





- Develop recent vendors capable of delivering the right quality at the right price.
- Evaluate and audit suppliers regularly based on performance, delivery timelines, and pricing competitiveness.

Inventory & Risk Management

- Control inventory levels according to set organizational standards and working capital targets.
- Monitor aging inventory and drive action plans to reduce or utilize slow-moving stock.
- Develop and implement strategies to de-risk supply issues, including identifying secondary backup sources and managing lead times.

Documentation & Compliance

- Maintain all purchase records, contracts, vendor quotations, and delivery logs accurately in the ERP system/files.

Requirements & Qualifications

- Education: Bachelor’s degree in Supply Chain Management, Mechanical Engineering
- Experience: 3 to 6 years of hands-on procurement experience, specifically dealing with steel commodities (SS and MS coils, sheets, plates).
- Skills:
- Strong negotiation and analytical skills.
- Deep understanding of steel market dynamics, pricing trends, and costing sheets.
- Proficiency in ERP systems (SAP, Oracle, etc.) and MS Excel.

Excellent cross-functional coordination and communication skills.

📌 Buyer Steel Commodities (Bengaluru)
🏢 Stovekraft
📍 Bengaluru