Department: Purchase Manager / Procurement - in Steel Industry
Industry Preference: Steel Industry / Metal Industry / Building Materials
Experience: 5+ Years
Age Limit - upto 40 Years
About the Role:
Key Responsibilities:
Procurement & Vendor Management:
- Manage end-to-end procurement of steel products, raw materials, and allied construction materials.
- Develop and maintain strong relationships with manufacturers, mills, distributors, and suppliers across India.
- Source materials at competitive prices while ensuring quality and timely delivery.
- Negotiate commercial terms, contracts, payment terms, and supply agreements with vendors.
Strategic Sourcing:
- Identify current sourcing opportunities and develop alternate supplier networks.
- Monitor steel market trends, pricing fluctuations, and demand forecasts.
- Develop procurement strategies to optimize costs and improve supply chain efficiency.
Inventory & Supply Planning:
- Coordinate with Sales, Operations, and Logistics teams to forecast procurement requirements.
- Ensure adequate stock availability while minimizing excess inventory.
- Monitor procurement schedules and vendor commitments.
Cost Control & Process Improvement:
- Drive procurement cost optimization initiatives.
- Analyze procurement data and prepare MIS reports for management review.
- Implement best procurement practices and process improvements.
Compliance & Documentation:
- Ensure proper documentation of purchase orders, contracts, invoices, and vendor records.
- Maintain compliance with company procurement policies and industry standards.
Required Skills:
- Strong knowledge of the Steel Industry and steel procurement processes.
- Excellent negotiation and vendor management skills.
- Strong analytical and commercial acumen.
- Experience in handling large procurement volumes.
- Proficiency in ERP systems and Advanced Excel.
- Strong communication and leadership abilities.
- Experience Required:
- 5+ years of procurement ex