Procurement Manager

Texmaco Nymwag Rail & Components Private Limited; Kolkata District; On-site; INR 1,200,000 - 2,600,000; Full time

Job summary

Texmaco Nymwag Rail & Components Private Limited in Kolkata, India, is seeking a seasoned Purchasing and Supply Chain leader responsible for end-to-end procurement and cost estimation across the business. You will shape the vision, policies and processes to drive value and competitiveness.

You will manage supplier selection, contract negotiation and risk mitigation, aligning procurement with business goals, budgets and sustainability targets, while directing day-to-day operations and

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.
• Track record of exceptional collaborative relationships 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.
• 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.

Skills

Purchasing strategy

Contract language

Supplier relationship

Job description

Job Responsibilities

Overall Responsibility

• 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.

Competencies

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
• Can withstand stress and high workload
• Negotiation and Influencing Abilities
• Risk management.
• Communications skills.
• Commercial acumen
• Contracting Skills
• Analytical & problem-solving skills.