Assistant Manager Purchase ( P - 8664)

Mangal Industries; Chittoor; On-site; INR 600,000 - 900,000; Full time

Job summary

Mangal Industries Ltd. in India seeks an Assistant Manager - Purchase to oversee end-to-end procurement, vendor development, and material planning. You will manage RFQs, negotiate terms, release POs and drive cost-saving initiatives across the supply chain.

You will coordinate with engineering, production, finance and quality teams to ensure timely material availability, maintain vendor performance and ensure compliance with procurement policies.

Qualifications

• Experience in procurement and sourcing activities.
• Experience with vendor development, audits and negotiations.
• Familiarity with SAP/SAP HANA and RFQ processes.
• Strong ability to manage budgets and cost-control.

Responsibilities

• Identify, evaluate and develop new vendors based on quality, cost and delivery requirements.
• Prepare RFQs, obtain quotations and negotiate commercial terms.
• Create and release Purchase Orders (POs).
• Ensure timely sourcing of materials as per production requirements.
• Drive cost reduction and value engineering initiatives.
• Manage rate contracts and annual price agreements.
• Monitor supplier performance in terms of Quality, Cost and Delivery (QCD).
• Follow up with suppliers to ensure on-time material delivery.
• Coordinate and resolve supplier-related issues.
• Conduct vendor evaluations, qualifications and audits.
• Develop alternate suppliers to ensure supply continuity.
• Monitor inventory levels and plan material replenishment.
• Control non-moving and slow-moving inventory.
• Coordinate with Production, Stores and Planning teams.
• Ensure uninterrupted availability of materials for production.
• Conduct price comparisons and cost analysis.
• Verify supplier invoices and coordinate payment follow-ups.
• Manage advance payments and commercial documentation.
• Ensure budget adherence and procurement cost control.
• Coordinate with Engineering, Quality, Production, Finance and SCM teams.
• Prepare procurement MIS reports and dashboards.
• Track pending POs, material deliveries and supplier commitments.
• Prepare management review presentations and procurement reports.
• Maintain procurement records, contracts and vendor documentation.
• Ensure compliance with company procurement policies.
• Manage vendor agreements and statutory documents.
• Support internal and external audits and implement corrective actions.

Skills

Procurement & Sourcing

Purchase Management

Vendor Development & Management

Vendor Audit

RFQ & Price Negotiation

Inventory Management

MIS Reporting

Subcontract Management

Tools

SAP / SAP HANA

Job description

Job Title: Assistant Manager - Purchase

Job Description

Key Responsibilities

1. Procurement & Sourcing

• Identify, evaluate and develop new vendors based on quality, cost and delivery requirements.
• Prepare RFQs, obtain quotations and negotiate commercial terms.
• Create and release Purchase Orders (POs).
• Ensure timely sourcing of materials as per production requirements.
• Drive cost reduction and value engineering initiatives.
• Manage rate contracts and annual price agreements.

2. Supplier & Vendor Management

• Monitor supplier performance in terms of Quality, Cost and Delivery (QCD).
• Follow up with suppliers to ensure on-time material delivery.
• Coordinate and resolve supplier-related issues.
• Conduct vendor evaluations, qualifications and audits.
• Develop alternate suppliers to ensure supply continuity.

3. Inventory & Material Planning

• Monitor inventory levels and plan material replenishment.
• Control non-moving and slow-moving inventory.
• Coordinate with Production, Stores and Planning teams.
• Ensure uninterrupted availability of materials for production.

4. Commercial & Financial Activities

• Conduct price comparisons and cost analysis.
• Verify supplier invoices and coordinate payment follow-ups.
• Manage advance payments and commercial documentation.
• Ensure budget adherence and procurement cost control.

5. MIS & Coordination

• Coordinate with Engineering, Quality, Production, Finance and SCM teams.
• Prepare procurement MIS reports and dashboards.
• Track pending POs, material deliveries and supplier commitments.
• Prepare management review presentations and procurement reports.

6. Compliance & Documentation

• Maintain procurement records, contracts and vendor documentation.
• Ensure compliance with company procurement policies.
• Manage vendor agreements and statutory documents.
• Support internal and external audits and implement corrective actions.

Key Performance Indicators (KPIs)

• On-Time Delivery (OTD)
• Purchase Cost Savings
• Inventory Turnover
• Supplier Performance Rating
• PR-to-PO Cycle Time
• Material Availability for Production

Required Skills

• Procurement & Sourcing
• Purchase Management
• Vendor Development & Management
• Vendor Audit
• SAP / SAP HANA
• RFQ & Price Negotiation
• Inventory Management
• MIS Reporting
• Subcontract Management