Lead – Procurement

Bakon Food Equipment; Coimbatore District; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Mold-Masters seeks a Lead – Procurement to manage end-to-end sourcing for direct and indirect materials. You will drive supplier development, negotiations, and cost optimization while ensuring uninterrupted supply for manufacturing operations.

Responsibilities include RFQ leadership, supplier finalization, PO management and cross-functional coordination with Planning, Production, Quality, Engineering and Finance. This role requires strong procurement experience in a manufacturing setting.

Qualifications

• Bachelor’s degree in Engineering, SCM, or related field.
• Experience in procurement in manufacturing / industrial operations.
• Knowledge of sourcing, supplier evaluation, negotiation and PO management.

Responsibilities

• Lead end-to-end procurement for direct and indirect materials and services.
• Develop and implement sourcing strategies for cost, quality and continuity of supply.
• Identify, evaluate, develop and manage suppliers; conduct performance reviews.
• Lead RFQ processes, bid evaluations and supplier finalization.
• Review requisitions and ensure timely PO placement and release.
• Monitor open POs and supplier commitments for on-time delivery.
• Drive cost reduction, value engineering, and process improvements.
• Coordinate with Planning, Stores, Production, Quality, Engineering, Finance and other stakeholders.
• Maintain procurement documentation, approvals and records per policies.
• Monitor procurement risks, market trends and mitigation plans.
• Guide and support procurement team members.

Skills

Procurement

Supplier evaluation

Negotiation

Purchase order management

ERP SAP

MS Office

Stakeholder management

Cost optimization

Education

Bachelor’s degree in Engineering / SCM / Business Administration

Tools

SAP ERP

MS Excel

Job description

Position Summary:The Lead – Procurement will be responsible for managing procurement activities to ensure the timely and cost-effective sourcing of materials, components, and services required for business operations. The role will drive supplier development, commercial negotiations, cost optimization, procurement planning, and compliance with company policies while ensuring continuity of supply and effective stakeholder coordination.Work You’ll Do:Job DescriptionPrimary Objective· Lead end-to-end procurement activities for direct and indirect materials, components, and services, in line with business requirements.· Develop and implement sourcing strategies to achieve cost competitiveness, quality, and continuity of supply.· Identify, evaluate, develop, and manage suppliers; conduct supplier performance reviews and drive corrective actions where required.· Lead RFQ processes, bid evaluations, commercial negotiations, and supplier finalization.· Review purchase requisitions and ensure timely placement and release of purchase orders.· Monitor open purchase orders and supplier commitments to ensure timely delivery and resolve supply-related issues.· Drive cost reduction, value engineering, alternate sourcing, and process improvement initiatives.· Coordinate with Planning, Stores, Production, Quality, Engineering, Finance, and other stakeholders to meet material and service requirements.· Ensure procurement documentation, contracts, approvals, and records are maintained in accordance with company policies and procedures.· Monitor procurement risks, market trends, and supplier capacity; develop mitigation plans for critical materials.· Guide and support procurement team members and ensure effective execution of daily activities.Specific Objective· Ensure timely availability of materials and services to support uninterrupted business operations.· Achieve procurement cost, quality, delivery, and supplier performance objectives.· Strengthen supplier relationships and develop alternate sources for critical requirements.· Ensure adherence to procurement policies, approval matrix, and documentation requirements.· Identify and implement opportunities for cost savings and process efficiency.Basic Qualifications:· Bachelor’s degree in Engineering, Supply Chain Management, Business Administration, or a related discipline.· Relevant experience in procurement / purchasing, preferably in a manufacturing environment.· Strong knowledge of sourcing, supplier evaluation, negotiation, and purchase order management.· Proficiency in MS Office; working knowledge of ERP procurement modules in SAP .· Strong communication, negotiation, analytical, and stakeholder management skills.Preferred Qualifications:· Degree in Engineering or a relevant postgraduate qualification in Supply Chain / Operations Management.· Experience handling procurement for manufacturing, engineering, or industrial operations.· Demonstrated experience in cost reduction, supplier development, and strategic sourcing.· Experience leading or mentoring a procurement team.· Understanding of commercial terms, contracts, inventory principles, and procurement controls.Who we are:Mold-Masters ( www.moldmasters.com ) is a leading global supplier of hot runners, controllers, auxiliary injection and co-injection systems. We design, manufacture, distribute, sell and service highly engineered and customized plastic processing equipment that caters to every market. Mold-Masters is a business unit of Hillenbrand.Hillenbrand ( www.hillenbrand.com ) is a global industrial company that provides highly engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the world. Our portfolio is composed of leading industrial brands that serve large, attractive end markets, including durable plastics, food, and recycling. Guided by our Purpose — Shape What Matters For Tomorrow — we pursue excellence, collaboration, and innovation to consistently shape solutions that best serve our associates, customers, communities, and other stakeholders.EEO: The policy of Hillenbrand Inc. is to extend opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity/expression or veteran status. Additionally, Hillenbrand Inc. and our operating companies are committed to being an Equal Employment Opportunity (EEO) Employer and offers opportunities to all job seekers including individuals with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, email us at [e-mail] . In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying. At Hillenbrand, everyone is welcome to apply and \"Shape What Matters for Tomorrow\".