Procurement Manager

Texmaco Nymwag Rail & Components Private Limited; Kolkata District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Texmaco Nymwag Rail & Components Private Limited is seeking a seasoned purchasing and procurement leader to drive company-wide sourcing strategies, cost estimating, and supplier relationships. The role focuses on direct materials procurement and strategic contracts to support financial targets and budget planning.

The ideal candidate will implement best-practice purchasing policies, manage risk, and collaborate with stakeholders to optimize value and compliance across the organization.

Qualifications

• Have considerable knowledge of commodity purchasing, methods of analyzing suppliers & material, contract language, compliance requirements, and financial risk.
• Develop & execute business continuity/strategic plans to provide direction toward the achievement of financial targets.
• Demonstrated collaboration with suppliers, contractors and colleagues.

Responsibilities

• Overall responsibility for Purchasing and Cost Estimating activities across the business.
• Create and implement best practice purchasing vision, strategy, policies, processes and procedures to aid and improve business performance.
• Ensure purchasing strategies align with business objectives, operational needs, and market competitiveness.
• Manage supplier selection and evaluation processes, including terms and conditions, supplier rationalization, and supply chain solutions.
• Mitigate risks and capitalize on opportunities through proactive evaluation of business challenges.
• Contribute to the overall business strategy and annual budget process.
• Take ownership of purchasing policy, guidelines, and associated documents.
• Initiate and innovate procurement processes, including eProcurement.

Skills

Commodity purchasing

Supplier analysis

Contract language & compliance

Financial risk awareness

Strategic procurement planning

Job description

• Overall responsibility for Purchasing and Cost Estimating activities across the business.
• Create and implement best practice purchasing vision, strategy, policies, processes and procedures to aid and improve business performance.
• Ensure purchasing strategies align with business objectives, operational needs, and market competitiveness.
• Manage supplier selection and evaluation processes, including terms and conditions, supplier rationalization, and supply chain solutions.
• Mitigate risks and capitalize on opportunities through proactive evaluation of business challenges.
• Contribute to the overall business strategy and annual budget process.
• Take ownership of purchasing policy, guidelines, and associated documents.
• Initiate and innovate procurement processes, including eProcurement.

Purchasing and Supply Chain Strategy:

• Develop and implement procurement and supply chain strategies, policies, and procedures.
• Focus on direct materials categories (Stamping, Forging, Machining, Sheet Metal) at a corporate level.
• Negotiate and manage strategic contracts and supplier relationships effectively.
• Drive initiatives to enhance procurement efficiency, effectiveness, and user experience.
• Manage day-to-day procurement operations and resources to execute the Procurement Strategy.
• Collaborate with key stakeholders to achieve cost savings and budget targets.
• Ensure compliance with financial and purchasing regulations.
• Collaborate across the supplier network to optimize value for money.
• Champion sustainable procurement practices aligned with the company's strategic goals.

Technical

• Have considerable knowledge of commodity purchasing, methods of analyzing suppliers & material, contract language, compliance requirements, and financial risk.
• Can develop & execute business continuity/strategic plans to provide direction toward the achievement of financial targets
• Have a track record of exceptional collaborative relationships with suppliers, contractors and colleagues.

Behavioral

• Exposure to various experiences (different companies, different positions, international experience) is very much appreciated
• Leadership Ability
• Competence in conflict and crisis management
• Open minded, creative, transparent
• Able to foresee problems & raise alarm to management in case schedule is getting extended due to unforeseen circumstances.
• Able to articulate the problems and solutions across to team members.
• Self-motivated, dynamic, team leader
• Result oriented, effective and efficient