Purchase Manager

Role & responsibilities :-

We are hiring for Magnus Industrial Enterprises which is a sister concern of MKU Ltd.

(i) Manage end-to-end procurement cycle for raw materials, consumables, capital items, and spares in a high-precision manufacturing Environment.

(ii) Identify, develop, evaluate, and qualify domestic and international vendors; maintain a live vendor database with performance ratings and lead time records.

(iii) Negotiate pricing, payment terms, delivery schedules, and contracts with suppliers to achieve optimal cost and quality outcomes.

(iv) Handle international purchasing - communicate with overseas suppliers, coordinate shipments under applicable Incoterms (FOB, CIF,

EXW, DDP), and manage import documentation (Bill of Lading, Commercial Invoice, Packing List, Bill of Entry, etc.) as applicable to an EOU.

(v) Coordinate with customs clearing agents and freight forwarders for timely clearance of imported consignments under EOU / IGCR / Advance

Authorization / Duty-Free Import schemes (DGFT compliance).

(vi) Raise, track, and close Purchase Orders in MS Dynamics NAV ERP; ensure three-way matching (PO, GRN, Invoice) and timely vendor

payments in coordination with Accounts.

(vii) Conduct vendor development for specialty / technical items: refractory materials, graphite components, hydraulic spare parts, electronic

components, process chemicals, and ceramic powders.

(viii) Maintain optimal inventory levels; monitor reorder points and coordinate with Stores and Production Planning to prevent material shortages

affecting production schedules.

(ix) Prepare and present MIS reports on purchase status, pending POs, vendor performance, and cost variances for management review.

(x) Ensure full compliance with statutory requirements applicable to EOU procurement under DGFT, Customs, and GST regulations.

Preferred candidate profile

i) Strong written communication in English mandatory for vendor correspondence (RFQs, POs, complaint letters, claims).

(ii) Proficiency in ERP-based procurement workflow MS Dynamics NAV (preferred) or equivalent (SAP / Oracle).

(iii) Knowledge of Incoterms, import documentation, and customs clearance processes applicable to Export Oriented Units (EOUs).

(iv) Vendor negotiation, techno-commercial quotation evaluation, and Comparative Statement (CS) preparation.

(v) Inventory management, material planning awareness, and coordination with production and stores teams.

(vi) Proficiency in MS Excel XLOOKUP, VLOOKUP, Pivot Tables, charts, and data analysis for purchase MIS reporting.

(vii) Ability to work independently on multiple concurrent procurement tracks with minimal supervision.