Procurement Manager - CNC / VMC Manufacturing

Key Responsibilities:

• Develop and execute procurement strategies aligned with CNC/VMC manufacturing requirements.
• Manage sourcing and purchasing of machine components, fabricated parts, castings, forgings, electrical/electronic items, hydraulics, pneumatics, bearings, motors, drives, tooling, and consumables.
• Identify, evaluate, onboard, and develop reliable suppliers and vendors.
• Negotiate pricing, payment terms, lead times, contracts, and commercial conditions.
• Drive cost reduction through strategic sourcing, alternate vendors, value engineering, and volume negotiations.
• Ensure timely availability of materials as per production schedules and inventory requirements.
• Monitor supplier performance related to cost, quality, delivery, and responsiveness.
• Coordinate with Production, Planning, Engineering, Quality, Stores, Finance, and Design teams.
• Review purchase requisitions, RFQs, quotations, comparative statements, and purchase orders.
• Track purchase orders and ensure on-time delivery of critical components.
• Develop alternate sources for critical and long-lead-time components.
• Conduct supplier audits and support supplier quality improvement initiatives.
• Monitor inventory levels, procurement lead times, and material shortages.
• Resolve supplier-related quality, delivery, pricing, and commercial issues.
• Maintain procurement MIS, supplier performance reports, cost analysis, and savings reports.
• Ensure procurement activities comply with company policies, quality standards, and commercial procedures.