Sourcing - Assistant Manager

About the company: Cavotec is a leading cleantech company that designs and delivers connection and electrification solutions to enable the decarbonization of ports and industrial applications. Backed by more than 40 years of experience, our systems ensure safe, efficient, and sustainable operations for a wide variety of customers and applications worldwide.

Roles and responsibilities:

• Procurement Management:
• Oversee and manage the complete procurement cycle for raw materials, components, and services essential for manufacturing.
• Ensure cost-effective, timely, and quality procurement of materials in line with project specifications and production schedules.
• Utilize ERP software (Micro-Nav will be the added advantage) to create, track, and manage purchase orders, supplier performance, and inventory levels.
• Continuously evaluate and monitor suppliers to maintain a competitive advantage in pricing and quality.
• Vendor Relations:
• Identify, evaluate, and develop long-term relationships with reliable suppliers and service providers.
• Negotiate terms and prices with suppliers, ensuring compliance with company policies and project requirements.
• Conduct regular supplier performance reviews and maintain an up-to-date vendor database within the ERP system.
• Inventory Management:
• Ensure that stock levels are optimized, and materials are ordered proactively to prevent production delays.
• Manage purchase requisitions and orders, ensuring appropriate stock is maintained while avoiding overstocking or shortages.
• Cost Management and Budgeting:
• Analyze procurement costs and implement cost-saving strategies without compromising quality.
• Track and report on expenditures, assisting in budget management and forecasting for upcoming requirements.
• Cross-Functional Coordination:
• Collaborate with the engineering, production, and quality assurance teams to ensure smooth and efficient procurement of materials that meet technical and quality standards.
• Ensure all documentation is accurate and complete for compliance and auditing purposes.
• Data and Reporting:
• Regularly update and maintain procurement records and reports within ERP, ensuring that all transactions are accurately recorded.
• Provide insights and reports on supplier performance, material costs, and procurement trends to management.
• Compliance and Quality Assurance:
• Ensure that all procurement activities comply with Cavotecs policies, legal requirements, and industry standards.
• Conduct quality checks and resolve any issues with purchased goods to maintain product standards.

Qualifications and Experience:

Bachelors degree in engineering, Supply Chain Management, or related field.

7-10 years of experience in procurement or purchase management, preferably in an engineering/manufacturing environment.

Strong knowledge and hands-on experience with ERP software for procurement management, Good Knowledge in MS-Office.

Strong negotiation and vendor management skills.

Excellent communication and interpersonal abilities.

Good understanding of procurement processes, inventory control, and supplier management.

Ability to work effectively in a cross-functional team.

Fluent in English and Tamil. Hindi is preferable.