Manager/Sr Manager - Procurement

Designation: Manager/ Sr. Manager – Procurement

Place: Fabrication Shop – Durg (Borai)

Experience: 12-15 years

Educational Qualification: BE (Mech)

JOB DESCRIPTION:

Materials Management / Procurement/stores:

- Independently directing the development and implementation of key purchase / procurement strategies, contingency plans and ensuring that plans are aligned with production requirements.

- Formulating budgets for timely procurement of various foundry components.

- Ensuring optimum inventory levels for achieving cost savings without hampering the production process and preparing reports for the same.

- Complete stores operations & shipping

- Forecasting price trends and their impact on future activities

- Developing the organisation's purchasing strategy

- Producing reports and statistics using computer software

- Evaluating bids and making recommendations based on commercial and technical factors;

Vendor Management:

- Developing long-term partnerships with local & foreign suppliers; managing day-to-day supplier performance to ensure meeting of service, cost, delivery and quality norms.

- Visiting various shop floors across country and getting acquainted with world class quality system and manufacturing technology.

- Conducting research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality;

- Liaising between suppliers, manufacturers, relevant internal departments and customers;

- Identifying potential suppliers, visiting existing suppliers, and building and maintaining good relationships with them;

- Negotiating and agreeing contracts and monitoring their progress - checking the quality of service provided

- Processing payments and invoices;

Commercial Operations

- Managing the import & export operations and maintaining various documents for the same.

- Establishing Letters of Credit, Advance Remittances, Advance License Route & Vetting of necessary commercial documents.

- Interfacing with overseas suppliers for pricing and terms of delivery negotiation for cost effective procurement.

- Co-ordination for Customs Clearance, Export Matters & Liaising with various authorities, shipping companies and other external agencies for various clearances / approvals.

Inventory Control / Cost Planning & Management

- Ensuring optimum inventory and handling disposal of SCRAP to achieve cost savings without hampering the production process.

- Spearheading cost reduction initiatives consolidating tasks, eliminating non-value-added processes & complete re-engineering of processes and systems.

- Making effective use of cost analysis tools in support of strategic sourcing process, procurement costs, cost reduction metrics and bottom line performance indicators.

Supply Chain Management & Logistics

- Sustaining the existing network & managing the supply chain, ensuring timely distribution of the merchandise.

- Forecasting likely levels of demand for services and products to meet the business needs and keeping a constant check on stock levels to maximise business efficiency

- Monitoring availability of stock, making appropriate arrangements to ensure on time deliveries.

- Managing logistics operations involving coordinating with companies for Sea/ Air/ Road Transport

Contact - hr.casthoori@gmail.com