Purchase Manager
1 day 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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