Machine Tool Procurement Specialist

4 days ago


Bengaluru, Karnataka, India beBeeProcurement Full time ₹ 1,04,000 - ₹ 1,30,878

Procurement Manager - Machine Tools

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Key Responsibilities:

  • Manage the procurement function for machine tools, ensuring effective strategic sourcing and cost optimization.
  • Develop and execute comprehensive procurement strategies for machine tools and related equipment.
  • Build and maintain strong relationships with key suppliers and manufacturers.
  • Negotiate contracts and agreements with vendors to ensure competitive pricing and favorable terms.
  • Monitor market trends, evaluate supplier performance, and adjust procurement strategies accordingly.
  • Collaborate closely with engineering and production teams to understand tool requirements and inventory needs.
  • Ensure compliance with quality standards in the procurement process.
  • Oversee procurement decisions and ensure cost-effective purchasing choices.
  • Lead a team of procurement professionals and provide guidance and training.
  • Address any procurement-related issues, including disputes with suppliers or delays in delivery.
  • Monitor and maintain optimal stock levels to prevent downtime in production.

Required Skills and Qualifications:

  • Strong knowledge of machine tool procurement, sourcing, and vendor management
  • Negotiation skills and contract management experience
  • Expertise in supply chain management and inventory control
  • Analytical skills for evaluating vendor performance and market trends
  • Strong leadership and team management skills
  • Ability to work cross-functionally with engineering, production, and finance teams
  • Knowledge of cost-reduction strategies and supplier relationship management
  • Problem-solving skills, especially in dealing with supply chain or procurement issues
  • Attention to detail and ability to work under pressure
  • Proficiency in procurement software and MS Office Suite

Desired Qualifications:

  • Bachelor's degree in Engineering, Supply Chain Management, or a related field (Master's preferred)
  • Minimum 10 years of experience in purchasing, with at least 5 years in the machine tool industry
  • Familiarity with international sourcing and import/export regulations

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