Purchasing Manager

Major Responsibilities
• Sourcing of Casting, Forging, Sheet metals, Fastners, Proprietary parts including supplier sourcing and price benchmarking
• Co-ordination with internal customers for commodity consolidation
• Monitoring development of part as per the timeline and ensuring supplier deliver on time
• Closely involved in the Early Supplier Involvement process
• Strong negotiation of price, payment terms, contract terms and conditions
• Scheduling & Inventory Management
• Handling Market trend analysis. Oversee Price Forecasting. Monitor supply markets and trends (e.g., material price increases, shortages, changes in suppliers) and interpreting the impact of these trends on company strategies
• Hands on experience & independent working on costing of all commodities would be added advantage
• Coordinate with Supplier Quality Engineer & Supplier Development Engineer for vendor audit and approval
• Support the process of sourcing by identifying the alternate sources and import substitution with sufficient data for supporting the change
• Implement, streamline the procedure, and improve supplier performance management
• Set up strategy and lead execution in commodities to achieve cost savings, payment term, lead time reduction etc
• Perform capacity management with supplier Desired Skills
• Experience in negotiating prices, terms, developing, consolidating and finding new suppliers
• To Understand business requirements and execute efficiency and accuracy in Product - Pricing, Sourcing, Specifications, Quality, 100% on time Delivery & Availability
• Ability to champion initiatives to implement inventory management techniques such as KANBAN, JIT, FIFO, MIN/MAX, Lead time/lot size reduction, etc.
• To provide market research and analysis of alternative options of products which may give the organization a competitive edge by way of cost minimization or ease of availability.
• To Support company strategies in key performance areas, particularly during new product development
• Having knowledge of IATF systems.
Qualifications
• Bachelors degree in Engineering, plus Diploma / PG in Materials management, operations, business administration or related field preferred.
• Minimum of ten years leadership experience in materials and purchasing
• MRP-QAD use and knowledge required
• Lean manufacturing concepts, use and knowledge
• Experience in supplier scheduling & its adherence required
• The ability to motivate others in the achievement of objective/goals
• Professionalism and integrity to communicate and work with employees at all levels of the organization
• Hands-on, systematic individual with strong analytical skills
• Results oriented with a strong sense of personal responsibility
• Time Management and good organizational skills a must
• Good product knowledge especially in Casting, Forging, Sheet metals,Fastners, Proprietary parts components
• Understand to read materials specification and component drawings
• Good knowledge in supplier base & location
• Energetic and results oriented
• Professionalism and integrity to communicate and work with employees at all levels of the organization
• Results oriented with a strong sense of personal responsibility