Manager - Purchase - Steel Manufacturing

2 days ago

Hyderabad, Telangana, India d98b50d1-e830-4a4d-add8-9624d841e272 Full time ₹ 9,00,000 - ₹ 15,00,000 per year

Key Responsibilities:

 Strategic Procurement: Develop and implement procurement strategies that align with the company's objectives, ensuring optimal sourcing of raw materials, components, and services.

 Vendor Management: Identify, evaluate, and negotiate with suppliers to establish long-term partnerships. Monitor vendor performance and conduct regular assessments to ensure quality and reliability.

 Cost Management: Analyse market trends and pricing to secure the best possible terms. Develop and manage budgets for procurement activities to minimize costs without compromising quality.

 Inventory Control: Collaborate with inventory management teams to maintain optimal stock levels, ensuring that production is not disrupted due to material shortages.  Cross-Functional Collaboration: Work closely with production, quality assurance, and finance teams to understand their needs and provide timely support in material procurement.

 Compliance and Risk Management: Ensure compliance with industry regulations and company policies. Identify and mitigate risks associated with procurement activities.

 Reporting and Analysis: Prepare regular reports on procurement performance, market trends, and budget variances for senior management. Utilize data analysis to inform decision-making.

 Team Leadership: Lead, mentor, and develop the procurement team, fostering a culture of continuous improvement and professional growth.

Candidate Profile:

 Bachelor's degree in Supply Chain Management, Business Administration, or a related field; a Master's degree or relevant certification or Mechanical Engineer / Electrical Engineer is also preferred as they can lead the purchase activities techno-commercially

 Minimum 12 years of experience in procurement or supply chain management, preferably in the steel manufacturing or heavy industry.

 Strong negotiation skills with a proven track record of achieving cost savings.

 In-depth knowledge of procurement processes, market analysis, and supplier management.

 Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.

 Proficiency in procurement software and tools, as well as Microsoft Office Suite.  Strong analytical and problem-solving abilities.

Job Types: Full-time, Permanent

Pay: ₹900, ₹1,500,000.00 per year

Work Location: In person

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