Sr. Manager-Purchase

Job Description:

Hiring for Heavy Machinery Manufacturing Group of Industry for the post of Sr. Manager-Purchase

Experience: Min 10 Years in Heavy Machinery / Machine Shop  Industry

Salary budget: up to 14 LPA

Education: BE / BE tech  Mech

Profile Summary:

• Excels in managing Supply Chain functions like procurement, vendor development, shipments and ensuring delivery of the right product, with right quality at the right time to effectively meet production/project requirement
• Skilled in developing long-term partnerships with vendors/suppliers for cost-effective purchase, negotiating contracts and monitoring their performance in terms of cost, quality & timely delivery; successfully managed procurement of:
• Machining, Forging, Castings, Fabricated Components, Machined Parts, Bought-Out Items.
• Resourceful in techno-commercial activities like Bidding (RFQs), Purchase Orders, Service Level Agreements, Comparative Statements, and Budgeting and Vendor Payments in line with regulatory compliance
• Drove cost savings through effective negotiations, alternate vendor development, lead time reduction in coordination with other departments.
• Effective Leader with proven talent in mentoring teams and enabling knowledge-sharing amongst them; problem-solver with strong analytical, negotiation & decision-making skills

Key areas;

• Material Management,
• Purchase & Procurement,
• Supply Chain Management,
• Budgeting, Estimation & Costing
• Vendor Development & Sourcing,
• Warehouse & Inventory Management,
• Bought Outs, Finish & SFG Comp Procurement,
• Selection & Evaluation of Suppliers, Supplier Assessments, Analytical & Interpersonal skills, Dispute Analysis

Job Responsibility:

• Preparation of Annual budget & Strategy formulation for vendor baseline alliance.
• Cost reduction & control by using tools like Best price vendor, Clean sheet costing (Zero based costing), Renegotiation.
• Responsible for end to end Supply Chain Mgmt activities
• Coordinating with various departments for ensuring accomplishment of daily & monthly procurement targets.
• Well versed with: SAP (User of PP & MM Module), Machining, Assembly, Painting & Fabrication, Operating & Programming of CNC, VMC, HMC, machines, 5’S, Kaizen, TPM, Kanban & Poka-yoke.
• Adept in managing operations involving resource planning, in-process inspection, team building and coordination with internal departments.
• Excellent knowledge of material handling equipment.
• Proficient in Estimation and Costing of machines and projects.
• Proficient in coordinating & expediting the flow of work & materials within or between departments of the establishment according to the production schedule.
• Successfully devised and executed supply chain and procurement strategies.
• Managing the materials inventory to make available the parts on time to assemble so as the project will be completed on the committed date.
• Manage sub-contractors and service providers including transporters.
• Carry out Annual Rate Contracts, Non-Discloser Agreements, etc. with vendors.
• Fortnightly, Monthly & Quarterly MIS reporting.

Vendor Development and Costing:

• Identifying, evaluating and developing a dedicated and alternate vendor source for achieving cost-effective purchases of materials and reduction in delivery time.
• Assessment of the performance of the vendors based on various criterions such as percentage for rejections, quality improvement rate, timely delivery, credit terms, etc.
• Zero-based costing & total cost-based approach for finalizing the prices and terms & conditions for procurement.
• Techno - commercial negotiation with vendors for prices, delivery terms & payment terms, etc.
• Core Competences: Capital Purchase, Contract/Order Finalization, Vendor Development & Management, Material Management.