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Job Location drjobs

Vadodara - India

Monthly Salary drjobs

INR 45000 - 65000

Vacancy

1 Vacancy

Job Description

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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Employment Type

Full Time

Company Industry

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