Purchasing Manager at The Boler Company®

, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

26 May, 26

Salary

0.0

Posted On

25 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sourcing, Price Benchmarking, Negotiation, Scheduling, Inventory Management, Market Trend Analysis, Price Forecasting, Costing, Vendor Audit, Import Substitution, Supplier Performance Management, Cost Savings, Capacity Management, KANBAN, JIT, FIFO

Industry

Executive Offices

Description

Major Responsibilities • Sourcing of Casting, Forging, Sheet metals, Fastners, Proprietary parts including supplier sourcing and price benchmarking • Co-ordination with internal customers for commodity consolidation • Monitoring development of part as per the timeline and ensuring supplier deliver on time • Closely involved in the Early Supplier Involvement process • Strong negotiation of price, payment terms, contract terms and conditions • Scheduling & Inventory Management • Handling Market trend analysis. Oversee Price Forecasting. Monitor supply markets and trends (e.g., material price increases, shortages, changes in suppliers) and interpreting the impact of these trends on company strategies • Hands on experience & independent working on costing of all commodities would be added advantage • Coordinate with Supplier Quality Engineer & Supplier Development Engineer for vendor audit and approval • Support the process of sourcing by identifying the alternate sources and import substitution with sufficient data for supporting the change • Implement, streamline the procedure, and improve supplier performance management • Set up strategy and lead execution in commodities to achieve cost savings, payment term, lead time reduction etc • Perform capacity management with supplier Desired Skills • Experience in negotiating prices, terms, developing, consolidating and finding new suppliers • To Understand business requirements and execute efficiency and accuracy in Product - Pricing, Sourcing, Specifications, Quality, 100% on time Delivery & Availability • Ability to champion initiatives to implement inventory management techniques such as KANBAN, JIT, FIFO, MIN/MAX, Lead time/lot size reduction, etc. • To provide market research and analysis of alternative options of products which may give the organization a competitive edge by way of cost minimization or ease of availability. • To Support company strategies in key performance areas, particularly during new product development • Having knowledge of IATF systems. Qualifications • Bachelors degree in Engineering, plus Diploma / PG in Materials management, operations, business administration or related field preferred. • Minimum of ten years leadership experience in materials and purchasing • MRP-QAD use and knowledge required • Lean manufacturing concepts, use and knowledge • Experience in supplier scheduling & its adherence required • The ability to motivate others in the achievement of objective/goals • Professionalism and integrity to communicate and work with employees at all levels of the organization • Hands-on, systematic individual with strong analytical skills • Results oriented with a strong sense of personal responsibility • Time Management and good organizational skills a must • Good product knowledge especially in Casting, Forging, Sheet metals,Fastners, Proprietary parts components • Understand to read materials specification and component drawings • Good knowledge in supplier base & location • Energetic and results oriented • Professionalism and integrity to communicate and work with employees at all levels of the organization • Results oriented with a strong sense of personal responsibility

Responsibilities

The Purchasing Manager will be responsible for sourcing various components like castings, forgings, and proprietary parts, involving supplier negotiation, timeline monitoring, and involvement in the Early Supplier Involvement process. Key duties also include scheduling, inventory management, market trend analysis, and implementing strategies to achieve cost savings and improve supplier performance.