Purchase Manager(Talegaon Dhamdhere)

Roles & Responsbilities:

• Develop alternate sources for critical materials.
  
• Strengthen supplier relationships while maintaining commercial discipline
  
• Negotiate prices, payment terms, lead times and other commercial conditions.
  
• Drive year-on-year cost reduction initiatives.
  
• Conduct price benchmarking and should-cost analysis where applicable.
  
• Negotiate annual price agreements and productivity improvements
  
• Control purchase price variance and identify cost-saving opportunities.
  
• Ensure purchase decisions provide the best total cost, not merely the lowest price.
  
• Coordinate closely with Production, PPC, Quality, Stores and Engineering.
  
• Identify, evaluate and develop new suppliers.
  
• Monitor supplier performance on Quality, Cost and Delivery (QCD).
  
• Conduct regular supplier performance reviews.
  
• Ensure suppliers adhere to committed delivery schedules.
  
• Approve/review purchase orders as per the organization's authority matrix.
  
• Ensure purchase orders are released on time.
  
• Monitor open purchase orders and overdue supplies.
  
• Follow up with suppliers for critical and shortage materials.
  
• Ensure proper documentation and compliance with purchasing procedures.
  
• Reduce inventory carrying cost.
  
• Review supplier lead times, MOQ and batch sizes.
  
• Work with SCM and Stores to improve inventory turns
  
• Coordinate with Quality for supplier quality issues.
  
• Ensure corrective actions are implemented by suppliers.
  
• Support development and approval of new suppliers.
  
• Closely monitor quality of new and developing suppliers, particularly when production volumes are increasing.
  
• Ensure purchasing priorities are aligned with the production plan and customer requirements.
  

Required Skills & Competencies

• Strong negotiation and commercial skills
  
• Good knowledge of manufacturing procurement
  
• Strong analytical and problem-solving ability
  
• Supplier relationship and supplier development skills
  
• Knowledge of MRP/ERP systems
  
• Good understanding of inventory management
  
• Ability to handle pressure and production-critical shortages
  
• Strong communication and coordination skills
  
• Cost-conscious and result-oriented approach
  
• Leadership and team-management capability
  

Qualification & Experience

• Qualification: Graduate in Mech and or Elect Engineering
  
• Experience in purchasing/procurement, preferably in a manufacturing or Electrical environment.
  
• Experience in handling direct materials, components, job work/subcontracting and supplier development would be desirable.