Procurement Manager

5 days ago

Chennai Tada, India Triune Technofab Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Company Overview

We are a USD 50 million manufacturing company with a strong focus on operational excellence, quality, and customer satisfaction. Our production facility is strategically located in SriCity, Andhra Pradesh. As we continue to scale, we are looking for a dynamic and experienced professional to lead our procurement function.

Role Summary

The Procurement & Sourcing Manager will lead end-to-end sourcing and procurement activities for direct and indirect materials at our SriCity manufacturing facility. The role is responsible for developing a reliable supplier base, driving cost optimization, managing contracts, and ensuring timely supply of quality materials to support uninterrupted production.

Key Responsibilities

Procurement Planning & Strategy

  • Develop and execute procurement strategies aligned with business and production requirements.
  • Forecast material requirements based on production schedules, demand planning, and inventory levels.

Sourcing & Vendor Management

  • Identify, evaluate, and develop reliable vendors for raw materials, consumables, BOPs, MRO, and capital equipment.
  • Build and maintain strong supplier relationships to ensure quality, reliability, and cost competitiveness.

Negotiation & Contracting

  • Lead commercial negotiations to secure favorable terms on pricing, payment, and delivery.
  • Draft, review, and manage supplier contracts ensuring compliance with company policies and statutory requirements.

Cost Optimization

  • Drive cost-reduction initiatives through strategic sourcing, supplier development, and process improvement.
  • Monitor global and domestic market trends, including commodity price movements, to make informed sourcing decisions.

Compliance & Documentation

  • Maintain accurate procurement records, contracts, and audit trails.
  • Ensure strict adherence to procurement policies, regulatory guidelines, and internal audit requirements.

Risk Management:

  • Identifying and mitigating Procurement risks to maintain operational efficiency

Collaboration Points

  • Work closely with Procurement Leads for category strategy alignment and issue resolution.
  • Collaborate with Planning, Production, and Quality teams to ensure supply continuity.
  • Engage with NPD for contract approvals, budgeting, and compliance.
  • Act as escalation point for supplier delays, disputes, or high-value negotiations.

Required Qualifications & Skills

  • Bachelors degree in Engineering, Supply Chain, or related discipline; MBA/PGDM preferred.
  • 1014 years of procurement experience in a manufacturing environment, with at least 3 years in a leadership role.
  • Strong vendor management, negotiation, and contract governance expertise.
  • Familiarity with ERP systems (SAP, Oracle, NAV, or equivalent).
  • Knowledge of domestic and international sourcing, import regulations, and SEZ frameworks.
  • Strong leadership, analytical, and interpersonal skills.

Preferred Attributes

  • Experience working in an industrial cluster or SEZ (Special Economic Zone).
  • Hands-on approach with the ability to engage at the shop-floor level.
  • Strong leadership qualities with experience in managing and developing procurement teams.

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