Position: Senior Purchase & Procurement Engineer

Location: Chakan MIDC, Pune

Experience: 5–8 years

Education: Mechanical / Production Diploma or BE/BTech preferred

Key Responsibilities

1. Strategic Procurement & Direct Sourcing

Manage end-to-end procurement for precision machine shop requirements:

o Raw Materials: Castings

o Tooling & Consumables: CNC/VMC carbide inserts, BT30/BT40 tool holders, drills, taps, broaches, grinding wheels, and synthetic coolants/slideway oils.

o Machine Spares & Maintenance: Hydraulic valves, pneumatic fittings, sensors, Fanuc/PLC electrical spares, and machine lubricants.

Lead competitive bidding, commercial negotiations, and formulate Annual Rate Contracts (ARCs) with suppliers.

Implement Cost-Per-Component (CPC) tooling models with major tooling vendors to systematically drive down machining costs.

2. Subcontracting & Job-Work Governance

Oversee vendor contracting for out-plant operations: tooling and specialized job-work grinding.

Monitor out-plant material movement via ERP delivery challans, minimizing transit turnaround time (TAT) and tracking rejection reconciliations.

3. ERP Management, Data Integrity & Process Controls

- Own complete purchasing workflows in the ERP system:

o Timely conversion of indents/BOM requirements into verified Purchase Orders (POs).

o Strict master data maintenance (Item masters, HSN codes, tax slabs, supplier lead times, payment terms).

o Resolve three-way matching discrepancies (PO vs. Store GRN vs. Accounts Invoice).

- Audit Bill of Materials (BOM) and establish scientific Reorder Levels (ROL), Minimum/Maximum stock limits, and safety buffers across plants.

4. Procurement Analytics, MIS & Cost Optimization

- Develop and maintain automated weekly and monthly Purchase MIS reports:





o Spend & Cost Variance Analysis: Tracking budget vs. actuals across material heads.

o Inventory Aging & Working Capital: Flagging slow-moving, non-moving (SLOB), and obsolete inventory to release blocked capital.

o Supplier OTIF (On-Time In-Full) & Rejection Tracking: Scoring suppliers on delivery reliability and incoming PPM levels alongside QA.

- Track commodity pricing trends (steel indices, alloy surcharges) to identify strategic bulk purchase timing.

5. Supplier Quality & Audit Compliance

- Support customer and IATF 16949 / ISO 9001 audit requirements regarding supplier evaluation, Approved Vendor Lists (AVL), and annual vendor audits.
- Issue formal supplier performance scorecards and drive Corrective Action Reports (CAPA) for recurring vendor quality defects.

Required Technical Skills & Competencies

- 5 to 8 years of hands-on procurement experience in a precision engineering, CNC/VMC machine shop, or auto-component manufacturing setup.
- ERP Proficiency: Extensive experience operating inside manufacturing ERPs (e.g., PMTrack, SAP B1, Marg, or custom engineering ERPs).
- Advanced Analytical Capabilities: High-level Microsoft Excel skills (Nested XLOOKUP/VLOOKUP, Pivot Tables, SUMIFS, agile charts, and financial data modelling).
- Technical Product Familiarity: Solid understanding of engineering drawings, GD&T; basics, raw material grades (e.g., EN series, 20MnCr5), and cutting-tool geometry.
- Negotiation & Commercial Acumen: Sound knowledge of GST rules, E-Way bills, freight logistics, and Incoterms.
- Languages: Fluency in Marathi, Hindi, and English for seamless coordination across local suppliers and corporate management

Pay: ₹450,000.00 - ₹550,000.00 per year

Experience:

- Purchase -cnc/vmc: 4 years (Required)

Work Location: In person

📌 Purchase Engineer-CNC/ VMC/ Machine tools (Chakan)
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📍 Chakan