Assistant Manager Purchase CAPEX

Fyndbridge Consulting Services; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Fyndbridge Consulting Services is seeking an Assistant Manager Purchase (CAPEX) to drive cost optimization and timely procurement of CAPEX items.

You will lead negotiations, manage vendor development, and ensure strict adherence to verification timelines across locations, while coordinating monthly CAPEX planning with internal customers.

Qualifications

• 5-8 years of experience in CAPEX procurement, preferably in manufacturing / engineering / industrial organizations.
• Diploma in Engineering and Bachelor's degree; MBA preferred.
• Proficient in ERP systems and MS Excel for cost analysis and reporting.

Responsibilities

• Cost optimization through best pricing, negotiations, and alternate sourcing.
• Ensure timely procurement and reduce lead times; coordinate monthly CAPEX planning.
• Verify CAPEX proposals and POs within defined timelines and maintain expenditure reports.
• Ensure zero-defect procurement via pre-inspection and supplier coordination.
• Develop and onboard minimum 2 approved vendors per quarter; maintain vendor master data.

Skills

Cost optimization

CAPEX procurement

Vendor management

Lead time reduction

Data-driven purchasing

Education

Diploma in Engineering

Bachelor's in Engineering / Supply Chain / Procurement / Business or equivalent

MBA / PG Diploma in Supply Chain or Operations (preferred)

Tools

ERP systems (D365 / SAP / Oracle)

MS Excel

MIS reporting

Job description

Job Description

Position Title: Assistant Manager Purchase (CAPEX)

Department: Purchase

Reporting To: Head Purchase

Location: Dadar

Grade: M1 (Assistant Manager)

Role Purpose

To ensure effective cost optimization, timely procurement of CAPEX items, zero-defect procurement, and robust vendor development & management by driving data-based purchasing decisions, lead-time reduction, vendor performance improvement, and compliance with defined procurement processes.

Key Responsibilities

1. Cost Optimization

• Drive cost optimization initiatives across all CAPEX purchases through best pricing, negotiations, and alternate sourcing options.
• Achieve a minimum 1% cost reduction of total purchases per defined period, with a focus on continuous improvement.
• Identify and develop alternate and competitive vendors to leverage cost and quality advantages.
• Ensure standardization and simplification of procurement processes.
• Prepare and submit monthly cost optimization / reduction reports to HOD by 5th of every month.

2. Procurement of CAPEX Items -Timely Delivery & Lead Time Reduction

• Ensure timely procurement of CAPEX items as per approved requirements and specifications.
• Monitor and analyze lead time from order placement to receipt, and initiate corrective actions to reduce delays.
• Coordinate with internal customers for monthly CAPEX planning and emergency procurement (breakdown items within 48 hours, excluding imports).
• Submit monthly lead-time analysis and Plan of Action (POA) to HOD within defined timelines.

3. Proposal & PO Verification (Moulds, Machinery & All CAPEX Items)

• Verify and validate CAPEX proposals within 2 working days and POs within 2 hours across all locations.
• Ensure 100% compliance with defined verification timelines.
• Escalate delays with reasons to HOD and internal stakeholders proactively.
• Maintain and submit quarterly mould expenditure reports for management review.

4. Quality Assurance & Zero Technical Complaints

• Ensure zero-defect procurement by effective planning, vendor coordination, and pre-inspection of CAPEX items.
• Monitor and control technical complaints, rejections, and losses, and initiate recovery/claims where applicable.
• Conduct root cause analysis of complaints and submit CAPA and POA to HOD and vendors.
• Ensure procurement of right-quality items at optimal cost to maximize profitability.

5. Vendor Development & Management

• Develop and onboard minimum 2 approved/registered vendors per quarter as per quality, cost, and delivery requirements.
• Identify vendor gaps and source alternate/new vendors, including overseas vendors for moulds, to maintain competitiveness.
• Ensure vendor registration in the approved vendor list within 3 months of acceptance.
• Share updated vendor master data with concerned stakeholders for system updates.

Educational Qualification

Diploma in Engineering

Bachelors degree in Engineering / Supply Chain / Procurement / Business or equivalent

MBA / PG Diploma in Supply Chain or Operations (preferred)

Experience

5-8 years of experience in CAPEX procurement, preferably in

manufacturing / engineering / industrial organizations

Tools & Systems

ERP systems (D365 / SAP / Oracle / equivalent)

MS Excel (advanced), MIS & reporting tools