Job Title: Purchase Manager - Transformer Industry
Location : Atlas Transformers India Ltd
Key Responsibilities:
- Oversee and manage the procurement process for materials components and services required in transformer production ensuring quality timely delivery and cost-effectiveness.
- Negotiate contracts with suppliers and vendors to secure the best terms for cost quality and lead time.
- Conduct regular supplier evaluations to ensure their performance meets required standards.
- Monitor and manage inventory levels of raw materials spare parts and finished components to ensure production schedules are met without interruption.
- Coordinate with production and warehouse teams to optimize stock levels and minimize wastage or shortages.
- Build and maintain strong relationships with existing suppliers and explore opportunities to source from new vendors.
- Resolve any issues with suppliers related to quality delivery delays or price discrepancies.
- Perform market research to identify new suppliers and evaluate their capabilities.
- Work within a set budget and aim to reduce procurement costs without compromising on quality.
- Monitor price trends and develop strategies to procure materials at the most competitive rates.
- Ensure that all purchases comply with company policies and maintain cost-effectiveness.
- Ensure compliance with regulatory requirements and industry standards in procurement activities.
- Maintain accurate records of purchase orders contracts supplier communications and invoices for auditing purposes.
- Coordinate with finance and accounting departments to ensure smooth and accurate invoicing and payment processes.
- Collaborate with production engineering and quality assurance teams to align procurement with production requirements and technical specifications.
- Address procurement-related issues or concerns raised by internal stakeholders and provide timely resolutions.
- Identify and mitigate potential risks in the supply chain including geopolitical financial or natural hazards that may disrupt material availability.
- Develop contingency plans for critical material shortages or supply chain disruptions.
- Prepare regular reports on procurement activities expenditures and supplier performance for senior management.
- Analyze procurement data and trends to suggest improvements in processes supplier selection and cost-saving strategies.
Qualifications:
- Education: Bachelor s degree in Business Administration Supply Chain Management or a related field (Masters preferred).
- Experience: 5 years of experience in procurement preferably within the manufacturing or transformer industry.
- Skills:
- Strong negotiation skills and supplier management abilities.
- Deep understanding of materials used in transformer production (e.g. copper steel insulation materials).
- Knowledge of supply chain management software and procurement tools.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills.
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