Procurement Manager
6 days ago
Job Summary:
We are seeking a dynamic and experienced Manager – Procurement / Supply Chain
to manage vendor development and
import sourcing
activities, particularly for
New Product Development (NPD)
projects. The ideal candidate will have a strong technical understanding, global sourcing exposure, and the ability to align procurement strategies with development timelines.
Salary :-
60 to 70K CTC
Other Benefits:- Canteen+Transportation+Medical.
Key Responsibilities:
1. Vendor Development:
- Identify, assess, and develop new suppliers (domestic and international) for direct and indirect materials.
- Build a reliable vendor base to support current and future business needs.
- Conduct supplier audits, capability assessments, and commercial evaluations.
2. Import Sourcing:
- Source critical components and raw materials from overseas suppliers (e.g., China, Europe, Southeast Asia, etc.).
- Handle end-to-end import procurement including RFQs, negotiation, PO issuance, INCOTERMS, LC coordination, and shipment follow-ups.
- Work with CHA/logistics partners to ensure timely clearance and delivery.
3. Support for New Product Development (NPD):
- Collaborate with R&D, Design, and Quality teams to understand technical requirements of new parts/components.
- Identify suitable suppliers for prototype and pre-series sourcing (local and global).
- Ensure timely delivery of samples, tooling, and trial materials to meet project milestones.
- Track NPD BOM requirements and establish commercial terms with suppliers.
4. Cost Optimization & Supply Assurance:
- Drive cost-saving initiatives through localization, alternate sourcing, and negotiation.
- Monitor price trends, material cost movements, and currency impacts.
- Ensure on-time availability of materials for trials and production without compromising quality.
5. System & Compliance:
- Maintain accurate and updated procurement records in ERP system.
- Ensure compliance with import regulations, documentation, and company policies.
- Coordinate with finance and logistics teams for payment processing and inbound planning.
Key Skills & Competencies:
- Strong knowledge of
vendor development
and
import sourcing - Familiarity with NPD timelines
, engineering BOMs, and part approval processes - Good understanding of
INCOTERMS
, international trade rules, and import documentation - Negotiation and analytical skills
- Working knowledge of
ERP systems
(SAP, Oracle, etc.) - Strong coordination, planning, and follow-up skills.
Qualifications:
- BE/B.Tech in Mechanical / Electrical / Production Engineering
- 5–7 years of relevant experience in manufacturing industries with NPD sourcing and import exposure
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