Interesting Opportunity Assistant Manager Inventory and Procurement!

Manpowergroup Services India; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Manpowergroup Services India is seeking an experienced Assistant Manager – Inventory & Procurement to manage material availability, procurement of electrical components, and supplier relationships. You will negotiate quotes, issue POs, and ensure accurate ERP records to support manufacturing operations.

The role requires 7–10 years in procurement and inventory within manufacturing, with a Bachelor's degree in Electrical Engineering or related field, and strong Excel/ERP proficiency.

Qualifications

• Experience in procurement, inventory management, and logistics.
• Experience purchasing electrical components.
• Strong negotiation and vendor management skills.
• Good communication and coordination abilities.

Responsibilities

• Manage inventory to ensure material availability.
• Procure electrical and related materials as per requirements.
• Identify, evaluate, and develop new suppliers.
• Float RFQs, compare quotations, negotiate prices, and finalize suppliers.
• Issue Purchase Orders (POs) and track deliveries.
• Ensure timely receipt of materials and resolve invoice or delivery issues.
• Maintain accurate inventory and purchase records in the ERP system.
• Drive cost-saving and lead-time reduction initiatives.
• Coordinate with Production, Engineering, Quality, Finance, and Suppliers.
• Monitor supplier performance and build strong supplier relationships.
• Prepare procurement and inventory reports.
• Ensure compliance with company procurement policies and procedures.

Skills

Procurement

Inventory management

Vendor management

Negotiation

ERP systems

MS Excel

Communication

Analytical skills

Coordination

Multitasking

Education

Electrical Engineering degree

Tools

Epicor ERP

MS Office

Job description

Interesting Opportunity fir Assistant Manager-Inventory & Procurement

Job Title: Assistant Manager Inventory & Procurement

Department: Supply Chain Management (SCM)
Reporting To: Head – SCM
Experience: 7–10 Years
Qualification: Bachelor's Degree in Electrical Engineering or a related field.

Job Summary

We are looking for an experienced Assistant Manager – Inventory & Procurement to manage inventory and purchase electrical and allied materials required for manufacturing operations. The candidate will ensure timely procurement, maintain optimum inventory levels, negotiate with suppliers, and support smooth business operations.

Key Responsibilities

• Manage inventory to ensure material availability.
• Procure electrical and related materials as per business requirements.
• Identify, evaluate, and develop new suppliers.
• Float RFQs, compare quotations, negotiate prices, and finalize suppliers.
• Issue Purchase Orders (POs) and track deliveries.
• Ensure timely receipt of materials and resolve invoice or delivery issues.
• Maintain accurate inventory and purchase records in the ERP system.
• Drive cost-saving and lead-time reduction initiatives.
• Coordinate with Production, Engineering, Quality, Finance, and Suppliers.
• Monitor supplier performance and build strong supplier relationships.
• Prepare procurement and inventory reports.
• Ensure compliance with company procurement policies and procedures.

Required Skills

• Strong knowledge of procurement, inventory management, and logistics.
• Experience in purchasing electrical and allied components.
• Good negotiation and vendor management skills.
• Strong analytical and problem-solving abilities.
• Good communication and coordination skills.
• Ability to work independently and manage multiple priorities.
• Proficiency in MS Excel, Word, PowerPoint, Outlook, and ERP systems.

Preferred Experience

• 7–10 years of procurement and inventory experience in a manufacturing company.
• Experience with ERP systems (preferably Epicor).
• Proven track record of vendor development, cost reduction, and supply chain management.