Purchase Manager

11 hours ago

Faridabad Gurugram, India Eleprof Karnataka Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Responsibilities:

  • Manage supplier relationships through vendor development & price negotiation
  • Lead purchasing strategy for sheet metal, stamping parts & fabrication.
  • JD for Stamping Buyer
  • – Stamping & Sheet Metal
  • Department: Purchase & Sourcing
  • Role Objective:
  • To lead procurement and sourcing activities for stamping and sheet metal components, ensuring cost competitiveness, supplier quality, and timely availability of materials aligned with the company's manufacturing and production goals.
  • Key Responsibilities:
  • Develop and execute sourcing strategies for stamping and sheet metal parts.
  • Identify, evaluate, and onboard suppliers for new projects and localization initiatives.
  • Negotiate prices, terms, and delivery schedules to achieve cost savings and supply assurance.
  • Ensure supplier compliance with quality, cost, and delivery targets.
  • Work closely with design, production, and quality teams for new product development (NPD) and value engineering initiatives.
  • Manage vendor performance through regular audits, reviews, and scorecards.
  • Monitor market trends, raw material price fluctuations (steel, sheet metal grades), and drive cost optimization.
  • Maintain strong supplier relationships to ensure long-term supply stability and performance.
  • Coordinate with logistics and planning for on-time material availability and inventory control.
  • Support CAPEX procurement related to stamping tools, dies, and fixtures when required.
  • Desired Candidate Profile:
  • Education: B.E./B.Tech in Mechanical/Production/Industrial Engineering; MBA in Supply Chain preferred.
  • Experience:10-15 years of experience in buying and sourcing of stamping, sheet metal, and fabricated parts in the automotive or component manufacturing industry.
  • Technical Skills:
  • Knowledge of stamping processes, tool design, and sheet metal grades.
  • Strong negotiation and analytical skills.
  • Familiarity with SAP or other ERP systems.
  • Understanding of costing and cost breakdown analysis.
  • Behavioral Competencies:
  • Strong communication and stakeholder management skills.
  • Problem-solving and decision-making ability.
  • Result-oriented and collaborative approach.

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