Manager - Procurement

Karamtara Engineering; Mumbai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Karamtara Engineering in Mumbai is seeking an Assistant Manager / Manager - Procurement (Square Billets) to lead strategic sourcing and procurement planning for carbon steel square billets from domestic and international markets, ensuring cost competitiveness and supply continuity.

You will manage vendor development, negotiate contracts, handle import sourcing (Incoterms CFR/CIF), coordinate with CHA, banks and inspectors, and ensure compliance with IS/ASTM/EN standards while aligning with

Qualifications

• 10–15 years of experience in procurement for steel products.
• Experience in domestic and international billet sourcing.
• Knowledge of IS/ASTM/EN standards in billets.

Responsibilities

• Lead end-to-end procurement of square billets to meet manufacturing needs.
• Develop sourcing strategies for domestic and import billets.
• Monitor billet demand planning with production, sales and PPC.
• Coordinate with suppliers and ensure quality and cost effectiveness.
• Drive supplier negotiations, contracts, and delivery terms.
• Ensure compliance with customs, Incoterms, and regulatory requirements.

Skills

Strategic sourcing

Vendor development

Procurement planning

Import sourcing

Negotiation

Risk management

Job description

Experience: 10 to 15 years

Job Location : Worli, Mumbai

Job Summary

The Assistant Manager / Manager - Procurement (Square Billets) is responsible for strategic sourcing, procurement planning, and supply assurance of carbon steel square billets from domestic and international markets. The role involves vendor development, commercial negotiations, import sourcing, risk management, and alignment with production requirements while ensuring cost competitiveness, quality compliance, and supply continuity.

Key Responsibilities

1. Strategic Procurement & Sourcing

• Lead end-to-end procurement of square billets to meet rolling mill / manufacturing requirements.
• Develop sourcing strategies for domestic and import billets based on cost, availability, quality, and logistics.
• Monitor billet demand planning in coordination with production, sales, and PPC teams.

2. Domestic Procurement

• Identify, onboard, and manage domestic billet suppliers / integrated steel plants.
• Negotiate pricing, contracts, delivery schedules, and credit terms.
• Ensure consistent billet quality as per chemical composition, size tolerances, and internal quality norms.

3. International Procurement (Imports)

• Source square billets from global markets
• Handle import contracts, Incoterms (CFR/CIF), LC terms, and shipment planning.
• Coordinate with CHA, shipping lines, banks, inspectors, and insurance agencies.
• Ensure compliance with customs, DGFT, BIS, and trade regulations.
• Track global and domestic billet price trends, scrap prices, iron ore, freight, and forex movements.
• Analyze market risks and recommend buying windows and hedging strategies where applicable.
• Maintain strong market intelligence through mill relationships, traders, and industry networks.

5. Quality Assurance & Technical Coordination

• Ensure billet procurement complies with IS / ASTM / EN standards as per rolling requirements.
• Coordinate inspections, third-party testing, and certification (MTCs).
• Handle quality deviations, claims, and supplier corrective actions.
• Drive cost reduction initiatives through supplier negotiation, mix optimization, and import/domestic balancing.
• Manage supply risks related to market volatility, logistics disruptions, and regulatory changes.
• Maintain emergency sourcing plans and buffer strategies.

7. Vendor Relationship & Performance Management

• Build long-term partnerships with suppliers and traders.
• Evaluate vendors on cost, quality, delivery, and reliability.
• Lead supplier reviews, audits, and contract renewals.
• Guide and mentor junior procurement and logistics team members.
• Ensure adherence to company procurement policies, ethics, and compliance standards.
• Prepare and present procurement MIS, budgets, forecasts, and management reports.