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Procurement Manager

3 years

0 Lacs

Posted:11 hours ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

Strategic Procurement:

  • Develop and implement procurement strategies aligned with company goals and production schedules.

Vendor Management:

  • Identify, evaluate, and onboard new suppliers
  • Manage supplier relationships to ensure consistent quality, price competitiveness, and timely delivery.
  • Conduct supplier audits and performance reviews regularly.

Purchasing Operations:

  • Oversee end-to-end procurement process: RFQs, PO creation, order tracking, delivery, and invoicing.
  • Ensure all procurement activities are in compliance with internal policies and legal regulations.
  • Maintain accurate procurement records and documentation.

Cost Control & Budgeting:

  • Prepare procurement budgets and ensure adherence.
  • Drive cost-reduction initiatives through negotiations, alternate sourcing, and improved payment terms.
  • Monitor market trends to forecast price changes and mitigate risk.

Cross-Functional Collaboration:

  • Work closely with inventory, warehouse, logistics, finance, and production departments.
  • Support demand planning by aligning procurement schedules with sales forecasts.

Team Leadership:

  • Build and lead a high-performing procurement team.
  • Set performance targets and provide training and mentorship.



Required Qualifications:

  • Bachelor’s degree in Supply Chain Management, Engineering, Business Administration, or related field.
  • 3 to 5+ years of procurement experience, with at least 2 years in a leadership role in the

    automotive accessories or components industry

    .



Key Skills:

  • Strong negotiation and contract management skills.
  • Knowledge of global sourcing, import/export regulations, and logistics.
  • Proficient in Shopify systems and Microsoft Office Suite.
  • Analytical mindset with strong decision-making ability.



Preferred Experience:

  • Experience in sourcing electronic and mechanical automobile accessories.
  • Established network of suppliers in the automotive aftermarket.



KPIs / Success Metrics:

  • Procurement cost savings
  • Supplier on-time delivery rate
  • Inventory turnover and stock availability
  • Procurement cycle time
  • Supplier quality ratings


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