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Sourcing Manager

3 weeks ago

Raipur, Chhattisgarh, India beBeeProcurement Full time ₹ 18,00,000 - ₹ 21,00,000
Purchase Head Job Description

The role of the Purchase Head involves strategic sourcing, vendor management, cost optimization, material planning, compliance and quality assurance, team leadership, negotiation and contract management, and risk management.

This position plays a pivotal role in managing and optimizing the procurement function for our organization, with a focus on sourcing materials related to Sponge Iron, Power Plant, and Steel Melting Shop (SMS).

Key Responsibilities:
  • Strategic Sourcing:
    • Develop and implement effective sourcing strategies for materials related to Sponge Iron, Power Plant, and SMS.
    • Identify and evaluate potential suppliers, negotiate contracts, and establish long-term partnerships.
  • Vendor Management:
    • Oversee relationships with existing and potential suppliers, ensuring quality, reliability, and cost-effectiveness.
    • Conduct regular vendor evaluations and performance reviews.
  • Cost Optimization:
    • Analyze market trends and pricing to negotiate favorable terms and conditions.
    • Implement cost-saving initiatives without compromising on quality.
  • Material Planning:
    • Collaborate with production and project teams to understand material requirements and ensure timely availability.
    • Maintain optimal inventory levels to support operational efficiency.
  • Compliance and Quality Assurance:
    • Ensure procurement activities comply with relevant regulations and industry standards.
    • Collaborate with quality assurance teams to maintain high-quality standards in acquired materials.
  • Team Leadership:
    • Lead, mentor, and motivate the procurement team to achieve departmental goals.
    • Foster a collaborative and results-driven work environment.
  • Negotiation and Contract Management:
    • Conduct negotiations with suppliers to secure advantageous terms.
    • Draft, review, and manage contracts, including terms and conditions.
  • Risk Management:
    • Identify and mitigate potential risks associated with the procurement process.
    • Develop and implement risk management strategies.
Requirements:
  • Proven experience in procurement and supply chain management.
  • Strong negotiation and communication skills.
  • Ability to analyze data and make informed decisions.
  • Experience with contract management and vendor evaluation.
Benefits:
  • Competitive salary and benefits package.
  • Opportunity to work with a dynamic and innovative team.
  • Professional development and growth opportunities.