
Lead Buyer
21 hours ago
Latur, Maharashtra, India
KINET RAILWAY SOLUTIONS
Full time
₹ 20,00,000 - ₹ 25,00,000 per year
Role & responsibilities
- Develop and execute sourcing strategies for key commodities used in rolling stock manufacturing.
- Identify, evaluate, and manage suppliers to ensure quality, cost competitiveness, and timely delivery.
- Negotiate long-term supply agreements, pricing, and commercial terms with both domestic and international vendors.
- Analyze market trends and risks to forecast pricing and supply chain dynamics.
- Collaborate cross-functionally with engineering, quality, logistics, and production teams to align sourcing strategies with project and production needs.
- Lead supplier performance evaluations, audits, and continuous improvement initiatives.
- Ensure compliance with all internal and external procurement policies and regulations (including Indian Railways, RDSO, and other applicable authorities).
- Manage procurement for both project-specific and serial production requirements.
- Support Make vs Buy decisions, localization initiatives, and vendor development efforts in alignment with Make in India goals.
- Bachelors degree in mechanical / electrical / industrial engineering, Supply Chain, or related field; MBA is a plus.
Preferred candidate profile
- Minimum 10+ years of relevant procurement/sourcing experience in the railway industry, preferably with rolling stock manufacturers (OEMs), component suppliers, or railway operators in India.
- In-depth understanding of railway systems, specifications, and regulatory environment in India (RDSO, IR, Metro Rail, etc.).
- Proven negotiation and contract management skills.
- Strong knowledge of supply chain risk management, cost drivers, and procurement best practices.
- Excellent analytical, communication, and stakeholder management skills.
- Proficient in ERP systems (e.g., SAP, Oracle) and Microsoft Office tools
- Prior experience working with Indian Railways, metro rail projects, rolling stock component manufacturer or global rolling stock manufacturers.
- Exposure to global sourcing and supplier qualification processes.
- Experience in localization of imported components.