Assistant Procurement Manager

Versa Drives; Coimbatore District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Versa Drives Private Limited in Coimbatore invites applications for an Assistant Manager / Manager – Procurement & Materials Planning. The role focuses on ensuring timely material availability, effective procurement planning, and cost-efficient sourcing to meet production schedules and customer commitments.

The ideal candidate will have 5–10 years of hands-on experience in electronics manufacturing, strong communication and negotiation skills, and the ambition to grow into a Materials Manager

Qualifications

• BE/B.Tech in Electrical or Electronics preferred.
• 5–10 years experience in electronics manufacturing procurement.
• Experience in ERP-based procurement and inventory management.
• Excellent communication and negotiation skills.

Responsibilities

• Plan and execute procurement activities to ensure uninterrupted production.
• Identify and manage vendors for electronic components and other materials.
• Negotiate pricing, payment terms and delivery schedules with suppliers.
• Coordinate with Production, Stores, Quality and Sales to maintain material availability.
• Drive inventory optimisation and cost reduction initiatives.

Skills

Procurement

Vendor Management

Inventory Planning

MRP

Negotiation

ERP Systems

Excel

Communication

ERP Software

Education

BE / B.Tech in Electrical/Electronics

Tools

ERP System

Excel (Advanced)

Job description

Job Description Assistant Manager – Procurement

Company: Versa Drives Private Limited

Location: Coimbatore

Position: Assistant Manager / Manager – Procurement & Materials Planning

Industry: Electronics / Electrical Product Manufacturing

Experience: 5–10 Years (relevant experience in electronics manufacturing preferred)

About the Role

We are looking for a highly competent and result-oriented procurement professional with hands‑on experience in electronics product manufacturing. The candidate will be responsible for ensuring timely availability of materials, effective procurement planning, inventory optimisation and cost-effective sourcing to meet production schedules and customer delivery commitments.

The ideal candidate must be exceptionally strong in communication, planning, negotiation and execution. We are looking for someone who thinks beyond routine purchasing and has the capability and ambition to grow into a Materials Manager role in the near future.

Key Responsibilities

1. Procurement & Vendor Management

• Plan and execute procurement activities to ensure uninterrupted availability of materials for production.
• Identify, evaluate, develop and manage vendors for electronic components, mechanical parts and other manufacturing requirements.
• Negotiate effectively with suppliers to achieve competitive pricing, better payment terms and favourable delivery schedules.
• Monitor supplier performance in terms of quality, cost, delivery and responsiveness.
• Develop alternate sources for critical materials and minimise supply risks.

2. Materials Planning & Inventory Management

• Prepare and execute material procurement plans aligned with production schedules and customer delivery commitments.
• Implement effective lead‑time-based material planning and ensure timely placement and follow‑up of purchase orders.
• Drive ABC analysis and inventory classification to optimise stock levels.
• Maintain optimum inventory levels while avoiding excess, obsolete and non-moving inventory.
• Monitor material shortages, critical stock, slow‑moving and excess inventory.
• Ensure effective coordination between Procurement, Production, Stores, Quality and Sales teams.

3. Production Planning Support & Execution

• Ensure materials availability in line with production plans and delivery deadlines.
• Proactively identify material shortages and take corrective action before production is affected.
• Closely monitor open purchase orders, supplier commitments and material delivery schedules.
• Ensure customer delivery commitments are met through effective materials planning and coordination.
• Develop systems and processes to improve procurement efficiency and material availability.

4. Cost Optimisation & Continuous Improvement

• Identify opportunities for purchase cost reduction without compromising quality.
• Demonstrate practical, commercially sound and cost‑conscious negotiation skills.
• Continuously improve procurement processes, inventory turnover and working capital utilisation.
• Establish measurable procurement performance indicators and review them regularly.

Mandatory Skills & Competencies

• Strong hands‑on experience in procurement and materials planning in an electronics / electrical product manufacturing environment.
• Exceptional communication skills in speaking, reading and writing. The candidate must be highly articulate, confident and effective in professional communication.
• Excellent negotiation, vendor management and commercial decision‑making skills.
• Strong knowledge of ABC analysis, lead‑time-based planning, inventory control and material requirement planning.
• Excellent planning, prioritisation, follow‑up and execution capabilities.
• Ability to work systematically, meet deadlines and adhere to established processes.
• Strong analytical and problem‑solving abilities.
• High ownership, accountability and a continuous improvement mindset.
• Good working knowledge of ERP systems and Excel.

The Mindset We Are Looking For

We are not looking for someone who merely raises purchase orders and follows up with suppliers. We need a professional who:

• Thinks ahead and anticipates material shortages before they affect production.
• Understands the relationship between procurement, production schedules, inventory and customer commitments.
• Balances material availability with inventory investment and cash flow.
• Takes ownership of procurement outcomes rather than giving reasons for delays.
• Is practical, commercially aware, cost‑conscious and decisive.
• Constantly looks for better ways to plan, procure and manage materials.
• Has the ambition, maturity and capability to grow into a Materials Manager position in the near future.

Qualification

• BE / B.Tech in Electrical, Electronics Engineering preferred.
• Relevant experience in electronics or electrical product manufacturing is mandatory.
• Experience in ERP-based procurement and inventory management is preferred.