Procurement Manager

4 days ago

Noida Sector Noida Uttar Pradesh, India The Hire Wings Full time ₹ 4,80,000 - ₹ 14,40,000 per year

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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