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.