Procurement Manager

2 days ago

Pune, Maharashtra, India Minimac Systems Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Role & responsibilities:

Job Title: Procurement Manager

Location: Chakan, Pune

Department: Purchase

Reports to: Head Operations

Job Purpose

To lead and manage the procurement function, ensuring timely and cost-effective purchasing of

materials, equipment, and services while maintaining quality standards and building strong vendor relationship.

Key Responsibilities

  1. Procurement Planning & Strategy

  2. Develop and implement procurement strategies aligned with business goals.

  3. Forecast procurement needs based on production plans and inventory levels.

  4. Identify cost-saving opportunities through effective negotiations and alternate sourcing.

  5. Vendor Management

  6. Identify, evaluate, and onboard reliable suppliers and vendors.

  7. Negotiate contracts, pricing, and terms to ensure best value.

  8. Monitor supplier performance and address quality or delivery issues.

  9. Purchasing Operations

  10. Oversee purchase requisitions, RFQs (Request for Quotation), and PO (Purchase Order)

issuance.

  • Ensure timely procurement of raw materials, consumables, and services.

  • Maintain accurate purchase records and ensure compliance with company policies.

  • Compliance & Risk Management

  • Ensure all procurement activities comply with legal, environmental, and safety regulations.

  • Mitigate supply chain risks by developing backup supplier arrangements.

  • Coordination & Communication

  • Work closely with production, stores, finance, and quality teams for smooth operations.

  • Provide regular updates on procurement status, budgets, and cost savings.

Qualifications & Skills

Education:

  • Bachelors degree in Supply Chain, Engineering, Commerce, or related field.
  • Certification in Supply Chain / Procurement (CIPS, CSCP) preferred.

Experience:

  • 7-10 years of experience in procurement, preferably in manufacturing.
  • Proven track record of vendor negotiations and cost optimization.

Skills:

  • Strong negotiation and analytical skills.
  • Knowledge of ERP systems and procurement software.
  • Excellent communication and interpersonal skills.
  • Ability to work under pressure and manage multiple priorities.

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