Purchasing Manager

About the Role

The Purchase Leader is responsible for end-to-end procurement operations, including strategic sourcing, vendor development (domestic and global), cost optimization, inventory control, and statutory compliance. The role demands strong techno-commercial negotiation skills, cross-functional coordination, and expertise in electronics components sourcing.

Responsibilities

• Ensure optimal inventory levels to support maximum production with minimum lead time.
• Plan and manage procurement budgets; drive cost reduction and value engineering initiatives.
• Source materials to minimise duties, logistics, and transit costs.
• Develop and manage a strong base of domestic and global suppliers.
• Evaluate vendor performance based on quality, rejection rates, delivery timelines, and cost competitiveness.
• Lead contract and commercial negotiations; finalise agreements in line with company policies.
• Maintain cost-saving reports and procurement MIS.
• Work effectively with ERP modules; implement 5S, Kaizen, and continuous improvement initiatives.
• Ensure compliance with statutory, financial, and legal requirements related to sourcing.
• Collaborate cross-functionally with Production, Quality, Finance, and Engineering teams.

Qualifications

• Diploma/BE (Electronics or Instrumentation), MBA will be an added advantage.

Required Skills

• Techno-commercial negotiation and strategic sourcing.
• Procurement operations (domestic & global).
• Supplier & vendor management.
• Value engineering, budget control, and cost optimization.
• Inventory planning and control.
• Knowledge of electronics components and market sources.
• Lean supply chain concepts, green sourcing, and pull mechanisms.
• Working knowledge of financial and legal aspects of procurement.
• Strong analytical, communication, leadership, and relationship-building skills.
• Proficiency in material management systems and computer applications.

Preferred Skills

• Experience in electronics components sourcing.

Pay range and compensation package

CTC 5 LPA - 8 LPA

Equal Opportunity Statement

We are committed to diversity and inclusivity in our hiring practices.