Purchase Manager
1 month ago
Position Name: Purchase Manager - Engineering
Location: Pune
Experience- 7 + Years
Position Overview: The Purchase Manager for Engineering will be responsible for managing all project-related procurement activities, ensuring efficient sourcing, timely delivery, and cost-effective purchases for engineering requirements. This role demands a strategic thinker with extensive experience in project purchasing, a strong understanding of the procure-to-pay (P2P) cycle, and experience handling CAPEX and service contracts.
Key Responsibilities:
- Procurement and Vendor Management
- Oversee the entire procurement process for engineering projects, from vendor selection to contract negotiation and delivery.
- Build and maintain strong relationships with suppliers, ensuring high standards of quality, reliability, and cost efficiency.
- P2P Cycle Management
- Manage the full procure-to-pay (P2P) cycle, ensuring compliance with internal policies and procedures.
- Coordinate with internal teams to track purchasing requirements, approve requisitions, and oversee order processing for timely delivery.
- CAPEX and Service Contract Management
- Administer CAPEX procurement and handle service contracts, ensuring all equipment, machinery, and services meet project specifications and budgetary constraints.
- Develop and negotiate service contracts for engineering maintenance and support, securing favorable terms for Imagicaa.
- Cost Control and Budgeting
- Implement cost-saving initiatives and strategies to optimize procurement costs without compromising on quality.
- Monitor and manage project budgets, analyze spending trends, and ensure adherence to financial targets.
- Compliance and Documentation
- Ensure procurement activities comply with relevant policies, legal requirements, and industry standards.
- Maintain accurate records of procurement processes, contracts, supplier evaluations, and financial transactions.
- Stakeholder Communication and Reporting
- Collaborate with internal teams to understand project needs, provide regular updates, and address procurement-related inquiries.
- Prepare and present procurement reports, updates on project purchases, and any potential risks or delays to senior management.
Qualifications:
- Bachelor’s degree in Engineering (Mechanical, Chemical, or Electrical).
- 7-10 years of experience in project procurement, preferably in large-scale engineering or industrial projects.
- Strong understanding of the P2P cycle, CAPEX procurement, and service contract management.
- Excellent communication skills (verbal and non-verbal) for effective interaction with stakeholders and vendors.
- Proficiency in negotiation, vendor management, and procurement software/tools.
Feel free to connect on mrunali.khairnar@imagicaaworld.com
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