Purchase Manager

Job Description: Purchase Manager

We seek an experienced, results-driven purchasing manager to join our team at
Krishnaping Alloys Ltd. The candidate will be working from the head office located in
BKC, Mumbai and will be required to monitor and supervise all purchase activities in the
company with the help of a team.

As a purchase manager, you will be responsible for handling the procurement process,
sourcing suppliers and managing vendor relationships to ensure a seamless supply
chain and optimise costs. You will be required to make strategic decisions and
implement best practices within our procurement function.

Candidate with experience in handling raw material purchases such as coal, coke, manganese ore, iron ore etc will be preferred. Candidate with experience of working in steel/Ferro Alloys industry or any manufacturing industry will be preferred.

Objectives of this role-
• Developing and implementing procurement strategies and policies for cost
optimisation and enhancing supply chain efficiency.
• Identifying, evaluating and selecting suppliers based on quality, reliability, cost-
eectiveness and adherence to ethical and sustainability standards.
• Negotiating contracts and terms with suppliers to ensure favourable pricing,
payment terms and mutually beneficial agreements.
• Collaborating with internal stakeholders to understand their requirements and
align procurement activities with organisational goals.
• Conducting market research and analysis to stay updated on industry trends,
supplier capabilities and pricing fluctuations.
• Managing supplier relationships, including ongoing performance evaluation,
issue resolution and fostering long-term partnerships.
• Monitoring inventory levels, analysing demand patterns and implementing
inventory management strategies to manage stock levels and avoid shortages or
excesses.

Your tasks-
• Implement procurement systems and tools to streamline processes and
enhance eiciency.
• Source and negotiate with potential suppliers, assess their capabilities and
evaluate their suitability based on predefined criteria.
• Manage supplier relationships, including regular communication, performance
evaluations and issue resolution.
• Collaborate with internal stakeholders to understand their requirements and
develop procurement plans accordingly.
• Analyse inventory levels, demand forecasts and consumption patterns to
optimise stock levels and reduce carrying costs.
• Continuously evaluate and improve procurement practices, including identifying
cost-saving opportunities and process enhancements.
• Prepare and present reports on procurement activities, performance metrics and
cost savings to higher management.

Required skills and qualifications-
• Bachelor's degree in supply chain management, business administration or a
related field.
• 10+ years of experience as a purchasing manager within the Indian market.
• In-depth knowledge of procurement principles, strategies and best practices.
• Demonstrable experience in the Indian market and familiarity with local
suppliers and sourcing channels.
• Strong skills in budgeting, cost optimisation and negotiation techniques.
• Knowledge of vendor management and inventory management systems.
• An analytical mind with excellent communication and interpersonal skills.
• Ability to work collaboratively with cross-functional teams.
• Proficiency in using procurement software and systems.
• Willingness to work in a fast-paced and competitive environment.

Preferred skills and qualifications
• Masters degree in supply chain management, business administration or related
field.
• Knowledge of commodities purchasing i.e. coal, coke, iron ore, manganese ore,
steel products. Ferro Alloys manufacturing plant consumables and machineries.
• Relevant certification in procurement or supply chain management.
• Proficiency in data analysis and reporting tools.
• Ability to lead and mentor a team of procurement professionals.
• Detail-oriented with strong organisational and time management abilities.
• Multilingual skills to eectively communicate with diverse stakeholders.
• Experience with global sourcing, logistics and supply chain best practices.