Procurement Manager

Polycab India Limited; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Polycab India Limited in Mumbai seeks an experienced procurement professional to manage copper and aluminium inputs, track market trends and negotiate favorable terms. The role requires hands-on experience with Oracle/SAP ERP procurement modules and a track record of cost optimization.

The candidate should have 6–7 years in non-ferrous metals procurement, deep supplier networks, and the ability to coordinate with production, planning and finance teams to ensure timely material availability.

Qualifications

• MBA or engineering degree from a reputed institute.
• 6-7 years of relevant procurement experience in non-ferrous metals.
• Prior exposure to copper and aluminium procurement preferred.
• Experience in wire, cable, metals or commodity-intensive industries.
• Hands-on experience in supplier negotiation, contract management and MIS.
• Hands-on experience in Oracle / ERP / SAP procurement modules is mandatory.

Responsibilities

• Manage procurement of copper, aluminium and related non-ferrous metal inputs.
• Track domestic and international metal market trends, LME price movements, premiums and currency impact.
• Support price discovery, vendor comparison and sourcing options.
• Negotiate with suppliers for price, terms, delivery and quality parameters.
• Prepare, review and manage purchase contracts, rate contracts and related docs.
• Coordinate with back-office for POs, LC/payment processing and invoicing.
• Ensure procurement transactions comply with policies and audits.
• Monitor supplier performance on delivery, quality and commitments.
• Maintain MIS reports on procurement status and cost-saving initiatives.
• Support internal stakeholders such as production, planning, finance, treasury, logistics, quality.

Skills

Copper procurement

Aluminium procurement

LME pricing

Negotiation

Supplier management

Procurement MIS

ERP/SAP/Oracle

Attention to detail

Compliance & audit

Education

MBA

Engineering degree

Tools

Oracle ERP

SAP procurement

ERP systems

Job description

Role & responsibilities

• Manage procurement of copper, aluminium and related non-ferrous metal inputs in line with business requirements, production plans and inventory norms.
• Track domestic and international metal market trends, LME price movements, premiums, currency impact, freight, duties and other cost drivers to support purchase decisions.
• Support price discovery, vendor comparison, commercial evaluation and recommendation of sourcing options.
• Negotiate with suppliers for price, premium, payment terms, delivery schedule, quality parameters, credit period and contractual safeguards.
• Prepare, review and manage purchase contracts, rate contracts, amendments, order confirmations and related commercial documentation.
• Coordinate with back-office teams for purchase orders, documentation, LC/payment processing, invoice verification, goods receipt, debit/credit notes and contract closure.
• Ensure procurement transactions comply with company policies, delegation of authority, approved vendor framework, audit requirements and applicable statutory guidelines.
• Monitor supplier performance on delivery, quality, documentation, responsiveness and commercial commitments.
• Maintain MIS reports on procurement status, pending contracts, price exposure, delivery schedules, supplier performance and cost-saving initiatives.
• Support internal stakeholders such as production, planning, finance, treasury, logistics, quality

Requirements, Skills & Competencies

• Strong understanding of copper and aluminium procurement, supplier markets and pricing structures.
• Working knowledge of LME pricing, premiums, currency movements and commodity-linked contracts.
• Good contract management skills with ability to review commercial terms and identify risk areas.
• Strong negotiation, communication and stakeholder-management skills.
• Analytical ability to compare offers, track market movements and prepare procurement MIS.
• Understanding of procurement compliance, audit discipline, documentation and approval workflows.
• Ability to coordinate with back-office, finance, logistics and plant teams for timely execution, with hands-on working knowledge of Oracle / ERP / SAP being mandatory.
• High level of integrity, ownership, discipline and attention to detail.

Qualification and Experience

• MBA, Engineering degree, or equivalent qualification from a reputed institute.
• 6-7 years of relevant procurement experience, preferably in non-ferrous metals.
• Prior exposure to copper and aluminium procurement will be strongly preferred.
• Experience in a wire and cable, electricals, metals, manufacturing or commodity-intensive industry will be an advantage.
• Hands-on experience in supplier negotiation, contract management, purchase documentation and procurement MIS.
• Hands-on experience in Oracle / ERP / SAP procurement modules is mandatory.

Key Performance Indicators

• Timely availability of copper and aluminium as per production and business requirements.
• Competitive procurement cost versus market benchmarks and approved sourcing strategy.
• Accuracy and discipline in contract documentation, approvals and compliance.
• Supplier performance on delivery, quality and commercial commitments.
• Quality and timeliness of procurement MIS, market updates and decision-support analysis.
• Effective coordination with internal stakeholders and closure of outstanding procurement actions.