Purchase Manager
1 day ago
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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