Buying & Procurement

Oorjaa

Bengaluru

On-site

INR 800,000 - 1,200,000

Full time

5 days ago
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Job summary

Oorjaa in Bengaluru, Karnataka seeks a procurement and costing specialist to manage procurement of raw materials, electrical components, metal, hardware, finishing materials and other production inputs, based on production needs and BOMs.

You will evaluate existing suppliers, develop new sources, negotiate terms, monitor market trends, track costs against estimates, conduct vendor visits and quality assessments, and coordinate with Design, Production, and Vendors to keep material flow and

Qualifications

  • Experience in Procurement/Buying, Costing, Vendor Management, and Production Coordination.
  • Strong understanding of materials, fabrication, manufacturing, and vendor processes.
  • Strong negotiation, analytical, costing, and coordination skills.

Responsibilities

  • Manage procurement of raw materials, electrical components, metal, hardware, finishing materials, and other production inputs.
  • Evaluate existing suppliers and develop new sources for key materials.
  • Negotiate pricing, quantities, payment terms, lead times, and delivery schedules.
  • Plan purchases based on production, product development, and project requirements.
  • Monitor material availability, seasonality, and market price trends to support advance buying.
  • Convert approved BOMs into purchase requirements and ensure timely availability of materials.
  • Maintain optimum inventory levels and accurate procurement records.
  • Prepare detailed SKU-wise costing for new and existing products.
  • Calculate material, labour, processing, yield, wastage, and job-work costs.
  • Benchmark material and vendor costs against market and historical rates.
  • Finalize product and custom project costing in coordination with Design and Production.
  • Track estimated vs. actual costs and identify significant variances.
  • Provide cost, pricing, and margin inputs for new products, bulk orders, and custom projects.
  • Identify, evaluate, and onboard suppliers, fabricators, and job-work vendors.
  • Develop alternate sources for critical materials and processes.
  • Evaluate vendors on quality, pricing, delivery, responsiveness, and reliability.
  • Conduct vendor visits and quality assessments where required.
  • Resolve vendor-related quality, pricing, delivery, and commercial issues.
  • Build long-term supplier relationships and ensure adherence to agreed terms.
  • Coordinate with Design, Production, and vendors from costing through project execution.
  • Track project-wise production, material requirements, vendor commitments, and delivery schedules.
  • Follow up with vendors to ensure production and delivery milestones are met.
  • Identify and escal potential cost, quality, and timeline deviations and coordinate corrective actions.
  • Coordinate with Design, Production, Quality, and Procurement teams for smooth material and production flow.
  • Track material requirements against product, production, project, and launch schedules.
  • Maintain visibility on procurement costs, inventory, vendor performance, and material trends.
  • Prepare MIS and regular updates on procurement, costing, vendor performance, and project progress.
  • Support budgeting, pricing, collection planning, and cost optimization initiatives.

Skills

Procurement/Buying
Costing
Vendor Management
Production Coordination
Negotiation
Analytical skills
Coordination

Job description

  • Manage procurement of raw materials, electrical components, metal, hardware, finishing materials, and other production requirements.
  • Evaluate existing suppliers and develop new sources for key materials.
  • Negotiate pricing, quantities, payment terms, lead times, and delivery schedules.
  • Plan purchases based on production, product development, and project requirements.
  • Monitor material availability, seasonality, and market price trends to support advance buying.
  • Convert approved BOMs into purchase requirements and ensure timely availability of materials.
  • Maintain optimum inventory levels and accurate procurement records.
Product & Project Costing
  • Prepare detailed SKU-wise costing for new and existing products.
  • Calculate material, labour, processing, yield, wastage, and job-work costs.
  • Benchmark material and vendor costs against market and historical rates.
  • Finalize product and custom project costing in coordination with Design and Production.
  • Track estimated vs. actual costs and identify significant variances.
  • Provide cost, pricing, and margin inputs for new products, bulk orders, and custom projects.
  • Identify, evaluate, and onboard suppliers, fabricators, and job-work vendors.
  • Develop alternate sources for critical materials and processes.
  • Evaluate vendors on quality, pricing, delivery, responsiveness, and reliability.
  • Conduct vendor visits and quality assessments where required.
  • Resolve vendor-related quality, pricing, delivery, and commercial issues.
  • Build long-term supplier relationships and ensure adherence to agreed terms.
Custom Project & Production Tracking
  • Coordinate with Design, Production, and vendors from costing through project execution.
  • Track project-wise production, material requirements, vendor commitments, and delivery schedules.
  • Follow up with vendors to ensure production and delivery milestones are met.
  • Identify and escal potential cost, quality, and timeline deviations and coordinate corrective actions.
Planning, Coordination & Reporting
  • Coordinate with Design, Production, Quality, and Procurement teams for smooth material and production flow.
  • Track material requirements against product, production, project, and launch schedules.
  • Maintain visibility on procurement costs, inventory, vendor performance, and material trends.
  • Prepare MIS and regular updates on procurement, costing, vendor performance, and project progress.
  • Support budgeting, pricing, collection planning, and cost optimization initiatives.
Ideal Candidate
  • Experience in Procurement/Buying, Costing, Vendor Management, and Production Coordination.
  • Strong understanding of materials, fabrication, manufacturing, and vendor processes.
  • Strong negotiation, analytical, costing, and coordination skills.
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