Procurement Manager
4 days ago
Job Title: Procurement Manager
Location: Noida
Experience: 7+ years
Employment Type: Full-time
Key Responsibilities
- Develop and implement procurement strategies aligned with company goals, ensuring cost efficiency, quality, and timely delivery.
 - Source, evaluate, and select suppliers for electrical, automation, and mechanical components, including vendor qualification and performance monitoring.
 - Negotiate contracts, pricing, and terms with vendors to optimize cost and maintain strong supplier relationships.
 - Monitor and manage inventory levels, purchase orders, and procurement schedules to ensure uninterrupted production and project execution.
 - Collaborate with engineering, production, and finance teams to forecast material requirements and manage procurement budgets.
 - Maintain accurate procurement records, reports, and dashboards for management review. Ensure compliance with company policies, legal requirements, and industry standards. Identify cost-saving opportunities and implement procurement best practices, including vendor rationalization.
 - Stay updated with market trends, pricing, and new technologies in industrial automation and electrical components.
 
Required Skills & Experience
- Bachelor's degree in Engineering, Supply Chain Management, or Business Administration. MBA preferred.
 - 7 – 12 years of experience in procurement, sourcing, or supply chain, preferably in industrial automation, electrical, or manufacturing sectors.
 - Strong negotiation, communication, and vendor management skills.
 - Knowledge of procurement processes, purchase orders, contracts, and inventory management systems.
 - Familiarity with ERP systems (SAP, Oracle, Tally, or similar).
 - Ability to work under pressure and meet tight deadlines.
 - Analytical mindset with strong problem-solving and decision-making skills.
 
Key Competencies
- Vendor relationship management
 - Strategic sourcing and cost optimization
 - Risk management and compliance
 - Supply chain planning and inventory control
 - Strong interpersonal and leadership skills
 
Job Types: Full-time, Permanent
Pay: ₹40, ₹60,000.00 per month
Benefits:
- Health insurance
 - Provident Fund
 
Work Location: In person
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