Procurement Manager

Job Description

Procurement ManagerKey Responsibilities:I. Strategic Planning and Management:Develop procurement strategies in collaboration with cross-functional departments (Sales, Operations, Finance, etc.) and analyze market trends.Identify and evaluate suppliers, and negotiate contracts and agreements to ensure the best value and quality for the company.Maintain strong relationships with key suppliers and monitor their performance to address issues related to quality, delivery, or cost.Develop and manage the procurement budget, ensuring cost-effective purchasing practices along with tracking and reporting on key procurement metrics.Designing long term contracts for contract manufacturingII. Procurement from OEM/ODM:Identify, evaluate, and finalize contract manufacturers for wires and FMEG products like switches, switchgear, lighting, etc.Monitor contract manufacturer performance (supported by the quality team) and explore deeper collaboration opportunities (e.g., co-investing in capacity expansion).Analyze market trends and commodity price fluctuations (Al, Cu, PVC etc) to identify risks and proactively address deviations from targets.Develop hedging strategies to mitigate price volatility and minimize the impact of market fluctuations on procurement budgets.Ensure compliance with regulatory requirements related to procurement activities and hedging.Experience & Qualification:Hands on experience in SAP specifically MM moduleBachelors in business/engineering or; Postgraduate in Management (MBA/PGDM/PGP) preferred.Strong negotiation, communication, and analytical skillsProven leadership ability and conflict resolution skills.Role & responsibilitiesInterested can send their updated resume to (WhatsApp No. hidden_mobile & mail us on hidden_email) & can call our HR Department for more details on given number hidden_mobile & hidden_mobile.FRONTLINE TECH JOB CONSULTANTS72/1 Taimoor, Nearby Sukhdev Vihar Metro Station, South DelhiDelhi 110025Landline: hidden_mobileWebsite: www.frontlinetechjobconsultants.in

Keyskills :
negotiationcable manufacturingprocurementsapswitchgearelectrical equipmentscapexelectrical procurement