
Strategic Procurement Manager
2 days ago
We are seeking an accomplished Procurement Specialist to join our organization. This is a critical role that requires strong negotiation and communication skills, as well as the ability to identify reliable vendors and negotiate cost-effective purchases.
The ideal candidate will have experience in procurement/purchase in a manufacturing/industrial setup, with a solid understanding of procurement processes, inventory management, and supply chain operations. They will also possess excellent analytical and problem-solving abilities, as well as vendor relationship management skills.
A bachelor's degree in Commerce / Supply Chain / Engineering / Management is required, with 2–5 years of experience in procurement/purchase. Knowledge of local and international sourcing is an asset.
Job Responsibilities- Procurement & Sourcing:
- Identify, evaluate, and select suppliers/vendors for raw materials, machinery spares, consumables, and services.
- Obtain quotations, compare price, quality, and delivery terms, and finalize purchase orders.
- Develop alternate sourcing strategies to ensure uninterrupted supply.
- Vendor Management:
- Build and maintain strong relationships with suppliers.
- Conduct vendor performance evaluation based on quality, cost, and delivery timelines.
- Negotiate contracts, terms, and payment conditions.
- Purchase Operations:
- Issue Purchase Orders (POs) in line with company policies and approvals.
- Ensure timely procurement of materials as per production schedule.
- Monitor stock levels and coordinate with the stores/warehouse for replenishment.
- Cost Optimization:
- Implement cost-saving initiatives without compromising quality.
- Benchmark prices and identify opportunities for bulk/long-term contracts.
- Compliance & Documentation:
- Maintain accurate procurement records (POs, invoices, GRNs, contracts).
- Ensure compliance with company policies, statutory regulations, and audit requirements.
- Coordinate with finance for vendor payments and reconciliations.
- Cross-functional Coordination:
- Work closely with production, quality, accounts, and logistics teams to ensure smooth supply chain operations.
- Resolve material-related issues with suppliers and internal departments.
- Qualifications:
- Bachelor's degree in Commerce / Supply Chain / Engineering / Management.
- Experience:
- 2–5 years of experience in procurement/purchase in a manufacturing/industrial setup.
- Skills:
- Strong negotiation and communication skills.
- Knowledge of procurement processes, inventory management, and supply chain operations.
- Familiarity with ERP systems / MS Office.
- Analytical and problem-solving ability.
- Vendor relationship management.
- Cost-conscious with attention to detail.
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