Purchases Manager

Altraize; Dadri; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Altraize is seeking a Purchase Manager to oversee raw material procurement, cost optimization, and supplier consolidation in the plastic manufacturing sector. The role focuses on timely procurement, budgeting, and LEAN initiatives to improve efficiency and reduce costs.

The ideal candidate will have extensive experience in procurement, strong negotiation skills, and a track record of achieving cost savings through strategic sourcing and supplier consolidation.

Qualifications

• Bachelor's or Master's in Supply Chain/Procurement or related field.
• 8–15 years of procurement experience, preferably in plastics manufacturing.
• Proven track record in cost savings, supplier consolidation and inventory optimization.

Responsibilities

• Procure raw materials on time and within budget, maintaining optimal inventory.
• Define and maintain Min-Max inventory norms across plants.
• Drive cost savings through market buying strategies and alternative sourcing.
• Manage supplier consolidation and rationalisation (RM, packaging, transport, consumables).
• Monitor capex and packing/consumables expenses within budget.
• Lead LEAN procurement initiatives and data-driven improvements.

Skills

Procurement strategies

Supplier negotiations

Cost optimisation

Inventory management

Budgeting & controls

Market research & sourcing

LEAN procurement

Data-driven decisions

Education

Bachelor's/Master’s degree in Supply Chain Management, Procurement, or related field

Job description

• Supplier consolidation & rationalization (RM, packaging, transport, consumables).

Job Summary

We are looking for a Purchase Manager to manage raw material procurement, cost optimization, and supplier consolidation in the Plastic manufacturing industry. The ideal candidate will be responsible for ensuring timely procurement, cost savings, and maintaining inventory norms while driving LEAN procurement initiatives.

Key Responsibilities

• Procurement & Inventory Management:
• Ensure raw material procurement as per budget and on time, preventing excess stock or stockouts.
• Define and maintain inventory norms with Min-Max levels for all plants to optimise material flow.
• Cost Optimization & Supplier Management:
• Achieve cost savings as per budget through better market buying strategies, including:
• Alternative sourcing (new suppliers, countries, trade agreements).
• Alternative materials (near prime, direct sourcing, price negotiation).
• Turnover discounts & year-on-year cost reductions.
• Supplier consolidation & rationalisation (RM, packaging, transport, consumables).
• Budget Control & Expense Monitoring:
• Ensure Capex control as per budget.
• Monitor and control packing & consumables expenses as per budget.
• Maintain repair & maintenance expenses within budget.
• Market Intelligence & Reporting:
• Monitor and report raw material price trends against external material boards for informed decision-making.
• LEAN Procurement & Data-Driven Initiatives:
• Lead UDAAN - LEAN PROCUREMENT Project, ensuring Plan vs Actual performance tracking for continuous improvement.

Key Skills & Competencies

• Strong expertise in procurement strategies, supplier negotiations, and cost optimisation.
• Knowledge of inventory management, budgeting, and financial controls.
• Proficiency in market research, sourcing strategies, and price trend analysis.
• Experience in LEAN procurement methodologies and data-based decision-making.
• Excellent problem-solving, analytical, and negotiation skills.

Qualifications & Experience

• Bachelor's/Master’s degree in Supply Chain Management, Procurement, or a related field.
• Minimum 8 to 15 years of experience in procurement, preferably in the Plastic manufacturing industry.
• Proven track record in cost-saving initiatives, supplier consolidation, and inventory optimisation.

Skills: management,procurement,sourcing