Procurement Manager

5 days ago


Chennai, Tamil Nadu, India Ingersoll Rand Full time
Job Overview

The Indirect Procurement Specialist will report to the Sr Mgr - Stores and be responsible for all Indirect procurement of MRI and Companies under PST-India. This role requires a strong understanding of procurement practices and excellent communication skills.

About Us

Ingersoll Rand manufactures controlled-volume metering pumps and equipment that deliver unsurpassed reliability and accuracy in critical chemical dosing applications. Our company is committed to innovation, teamwork, and employee development.

Responsibilities

- Work closely with other departments and Companies under PST-India to understand and address their procurement needs and ensure timely delivery of quality items.
- Identify, evaluate, and onboard suppliers for indirect procurement categories (Stationery items, Housekeeping services and all Admin. Related purchases).
- Build and maintain strong vendor relationships to ensure quality and cost efficiency.
- Negotiate contracts, pricing, and terms with vendors to maximize value.
- Develop and implement procurement policies and procedures for indirect categories.
- Align procurement strategies with organizational goals and budgets.
- Draft, review and manage contracts with suppliers to ensure favorable terms and compliance.
- Ensure procurement activities align with approved budgets and cost control measures.
- Respond quickly to urgent requirements or unexpected changes in procurement needs.
- Maintain records of procurement activities, approvals and vendor agreements.
- Prepare for internal and external audits by ensuring procurement practices comply with regulations and standards.
- Prepare annual budget considering forecast of indirect procurement expenses.
- Track actual spending versus budgeted amounts and report variances.
- Ensure stakeholders are satisfied with the quality, cost and delivery of procured goods and services.

Requirements

- Excellent communication and relationship building skills.
- Strong negotiation and analytical skills.
- Familiarity with Indirect procurement and Indian procurement laws and compliance requirements.
- Ability to multitask and manage multiple locations effectively.
- Exposure in use e-procurement platforms and tools to streamline procurement activities.
- Update on new technologies to enhance procurement operations.

Qualifications

Bachelor's degree engineering / non-engineering or related field required.
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