Procurement Manager

EVEREST ENGINEERING EQUIPMENT LTD; Navi Mumbai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

EVEREST ENGINEERING EQUIPMENT LTD in Navi Mumbai is seeking a seasoned procurement leader with 8–12 years of experience to drive sourcing, vendor management, and cost optimization across engineering and construction equipment manufacturing. You will develop procurement strategies, lead negotiations, and manage budgets while ensuring compliance with policies and quality standards.

This full-time role requires strong analytics, ERP/Excel proficiency, and collaboration with project, engineering,

Qualifications

• 8 to 12 years of experience in Procurement/ purchase within engineering, construction Equipment’s, Manufacturing, Heavy Equipment, or Infrastructure Equipment.
• Strong knowledge of strategic sourcing, vendor development, contract management, supply chain operations, Raw Materials, Machinery, tools, PPE, Consumables, etc.
• Proven experience in handling high-value procurement.
• Sound understanding of taxation, invoicing, logistics, and commercial terms.

Responsibilities

• Develop and implement procurement strategies to optimize cost, quality, and delivery performance.
• Lead the sourcing, purchasing, and vendor management functions
• Identify, evaluate, and onboard new suppliers to strengthen the vendor base.
• Negotiate pricing, payment terms, contracts, and service agreements to achieve maximum commercial advantage.
• Manage annual procurement budgets and drive cost reduction initiatives across all categories.
• Review and approve purchase orders, contracts, and supplier agreements.
• Monitor supplier performance through KPIs and ensure timely delivery of materials.
• Collaborate with Project, Engineering, Finance, and Operations teams to ensure uninterrupted material availability.
• Ensure compliance with company procurement policies, statutory requirements, and quality standards.
• Handle procurement planning, inventory optimization, and risk mitigation strategies.
• Resolve supplier disputes, commercial issues, and supply chain bottlenecks.
• Track market trends, commodity prices, and industry developments to support strategic sourcing decisions.
• Prepare and present procurement MIS reports, cost-saving reports, and management dashboards.

Skills

Strategic sourcing

Vendor development

Contract management

Negotiation

Cost optimization

Procurement analytics

Sourcing

Education

Diploma / Bachelor's Degree in Mechanical Engineering

Diploma / Bachelor's Degree in Production Engineering

MBA in Supply Chain Management

Tools

MS Excel

ERP systems

Job description

Experience: 8-12 years

Salary: 9-12 Lakhs PA (Negotiable based on experience)

Industry: Engineering / Construction Equipment Manufacturing

Employment Type: Full Time, Permanent

Role & Responsibilities

• Develop and implement procurement strategies to optimize cost, quality, and delivery performance.
• Lead the sourcing, purchasing, and vendor management functions
• Identify, evaluate, and onboard new suppliers to strengthen the vendor base.
• Negotiate pricing, payment terms, contracts, and service agreements to achieve maximum commercial advantage.
• Manage annual procurement budgets and drive cost reduction initiatives across all categories.
• Review and approve purchase orders, contracts, and supplier agreements.
• Monitor supplier performance through KPIs and ensure timely delivery of materials.
• Collaborate with Project, Engineering, Finance, and Operations teams to ensure uninterrupted material availability.
• Ensure compliance with company procurement policies, statutory requirements, and quality standards.
• Handle procurement planning, inventory optimization, and risk mitigation strategies.
• Resolve supplier disputes, commercial issues, and supply chain bottlenecks.
• Track market trends, commodity prices, and industry developments to support strategic sourcing decisions.
• Prepare and present procurement MIS reports, cost-saving reports, and management dashboards.

Preferred Candidate Profile

• 8 to 12 years of experience in Procurement/ purchase within engineering, construction Equipment’s,Manufacturing, Heavy Equipment, or Infrastructure Equipment.
• Strong knowledge of strategic sourcing, vendor development, contract management, supply chain operations, Raw Materials, Machinery, tools, PPE, Consumables, etc.
• Proven experience in handling high-value procurement.
• Sound understanding of taxation, invoicing, logistics, and commercial terms.
• Excellent analytical, negotiation, leadership, and stakeholder management skills.
• Proficiency in ERP systems, MS Excel, and procurement processes.

Education

• Diploma / Bachelor's Degree in Mechanical Engineering, Production Engineering, Industrial Engineering.
• MBA in Supply Chain Management / Operations Management will be an added advantage.