Purchase Manager

Job Description:

We are seeking an experienced Purchase Manager to manage our procurement operations, ensure cost-effective sourcing, and maintain efficient 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.

2. 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.

3. 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.

4. 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.

5. 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 / Production Engineering/Industrial Engineering/ Metallurgical Engineering/ Masters Degree in Commerce./ MBA in Supply Chain / Materials Management preferred.
• Experience: Minimum 12–15 years of experience in procurement within heavy fabrication, structural steel, or capital equipment manufacturing industries.
• Technical Knowledge:
• Strong understanding of steel grades, fabrication processes, and mechanical components.
• Familiarity with SAP(MM-Module) S4 HANAbhi
• Sound knowledge of logistics, import/export documentation, and vendor evaluation.

Skills & Attributes

• High integrity and results-oriented mindset.
• Excellent negotiation and analytical skills.
• Strong leadership and decision-making ability.
• Proficient in vendor development and contract management.
• Good communication and interpersonal skills.