Planning And Procurement Manager

4 days ago

Tiruchi, Tamil Nadu, India Careernet Full time ₹ 1,04,000 - ₹ 1,30,878 per year

Job Title: Planning, Procurement, and Inventory Control Manager

Department: Materials Management

Reports to: Director in Charge

Location: Trichy

Qualifications and Experience:


• Bachelor's degree in Mechanical Engineering / Supply Chain


• MBA / Postgraduate Diploma in Materials Management (preferred)


• Strong working knowledge of product drawings, tools, mouldings and machining.


• Minimum 1015 years in procurement, planning and inventory management roles,

preferably in a manufacturing industry


• Ability to lead and drive teams to deliver an achieve management targets.

Key Responsibilities:

1. Procurement Management:


• Manage the end-to-end procurement cycle from sourcing to supplier payments,

ensuring quality and timely delivery.


• Deliver Cost Savings through strategic sourcing, vendor negotiations, and bulk

procurement.


• Evaluate and improve Supplier Performance by monitoring on-time delivery, fill

rates, and quality.


• Minimize Procurement Cycle Time and Cost per Invoice through process

optimization and digitization.


• Ensure Spend Under Management is maximized by consolidating suppliers and

leveraging contracts.


• Enforce Contract Compliance and reduce Emergency Purchases through

proactive planning.

2. Inventory Management:


• Define and maintain optimal inventory levels to balance cost with production

readiness.


• Analysing inventory data to identify trends, forecast demand, and optimize

inventory levels.


• Minimize excess, obsolete, or slow-moving inventory through data analysis and

continuous review.


• Implement inventory classification (ABC/FSN/XYZ) and control techniques.


• Supervise inventory audits, cycle counting, and reconciliation.

3. Collaboration and Communication:


• Collaborating with production and logistics teams to align procurement and inventory

strategies with overall business objectives.


• Communicating inventory status, potential issues, and improvement

recommendations.


• Leading and developing a team of inventory and procurement professionals,

providing training and guidance.

4. Systems & Reporting:


• Maintain accurate data in ERP systems for BOM, inventory, and procurement

modules.


• Recommend and implement process improvements and digital solutions for better

visibility and control.

5. Compliance and Risk Management:


• Develop contingency plans for material shortages, supplier failures, or logistics

disruptions.


• Ensure compliance with company policies, statutory requirements, and safety

standards.

6. Other Responsibilities:


• Identifying cost-saving opportunities in the procurement and inventory management

processes.


• Managing returns and exchanges with suppliers.


• Excellent communication and coordination skills


• Proficiency in Excel and ERP-based reporting


• Leadership and team management

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