Purchase Manager

2 months ago

Delhi, India Imagicaaworld Entertainment Full time
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:

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

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