Procurement Manager

Location- Bangalore

Experience- 10 to 12 years

Must have :

- Experience in Plastic industry.

- Experience in purchase/supply chain and material procurement.

Skills - Purchase of Engineering, Electrical, Civil, and manage projects

Responsibilities :

- Responsible for leading the Purchase Department in procuring required materials for the Company manufacturing and operations.

- Establish key performance metrics to ensure on-time delivery of quality materials/products.

- Source and qualify new potential suppliers from local and overseas market

- Establish long term category and spend management strategies and lead the execution of these strategies

- Conduct supplier performance evaluation, updating performance and communicate feedback

- Develop sourcing strategies and strengthen the supply chain. Develop competitive sourcing strategies to strengthen the supply Chain, actively engage suppliers, professionally negotiate contracts and resolve performance issues.

- Manage purchasing budgets and procurement reports.

- Establish long term cost reduction goals.

- Build strong relationships with internal stakeholders understanding requirements and gaining buy-in.

- Focus primarily on the TCO of all projects, in keeping with the business' 5-year plan and goals on sustainability

- Coordinating with stores/Quality/Production for any delay/quality correction in material.

- Risk Management - identifying, mitigating & monitoring risk.

- Responsible for Purchasing SOP, regular review & update the relevant SOP according to the latest process.

- Provide strategic planning direction, guidance and supervision to the team on timely, cost-effective procurement, delivery, inventory control and planning of factory direct & indirect requirement support.

- Knowledge of contract terms, applications and legal requirements, including the ability to read, edit and interpret contractual documents. Ability to explain requirements contained in agreements

- Tendering and Tender negotiations with knowledge of Reverse Auction will be of an added advantage

- Effective proactive liaison with other departments / Project Engineers in order to forecast / plan and meet the targets

- Maintaining purchasing information such Vendor performance, capabilities, etc.

- Regular vendor revaluation for timely delivery/quality improvement/ inventory control.

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