Job Description:
We are seeking an experienced Purchase Manager to manage our procurement operations, ensure cost-effective sourcing, and maintain effective purchasing processes aligned with project timelines and quality standards.
Key Responsibilities
1. Vendor Management
- Onboarding new suppliers after stringent vendor evaluation and maintain a preferred vendor list.
- Conduct supplier audits and ensure compliance with company quality and safety standards.
- Evaluate supplier performance (price, quality, delivery, reliability).
- Resolve vendor disputes and manage relationships to support business continuity.
- Strategic Procurement & Sourcing
- Develop and implement purchasing strategies aligned with production and project requirements for just in time procurement.
- Identify, evaluate, and onboard reliable vendors for raw materials (plates, beams, channels, pipes, welding consumables, casting, forging, bearing, lubricant etc.) and components for heavy equipments.
- Negotiate long-term supply agreements to ensure cost optimization, quality, and timely delivery.
- Material Planning & Cost Control
- Coordinate with Production, Planning, and Projects teams to forecast material requirements.
- Maintain optimal inventory levels to minimize stockouts and excess inventory.
- Monitor procurement budgets, analyze cost variance, and achieve annual cost-saving targets.
- Documentation & Compliance
- Oversee procurement documentation (POs, contracts, delivery schedules etc.) in SAP-MM module.
- Ensure compliance with statutory, import/export, and company procurement policies.
- Liaise with finance for timely vendor payments and reconciliations.
- Team Leadership & Coordination
- Lead and mentor a team of purchase executives and officers.
- Collaborate cross-functionally with Engineering, planning and Quality teams.
- Drive process improvements and implement best practices in procurement systems.
Qualifications & Experience
- Education: B.E. / B.Tech in Mechanical / Prod
📌 Purchase Manager (Bhilai)
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📍 Bhilai