Supply Chain & Commercial

Crescent Foundry; Kolkata District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Crescent Foundry in Kolkata is seeking a procurement and commercial management professional to oversee the end-to-end supply chain with a strong focus on cost optimization and vendor evaluation. You will analyze consumables spend, benchmark prices, negotiate terms, and ensure procurement aligns with production needs while maintaining quality and budget controls.

You will coordinate with Stores, Production, Maintenance and QA to optimise material usage and reporting, driving efficiency and cost

Responsibilities

• Analyse overall expenditure on consumables, raw materials, stores and other indirect procurement categories.
• Monitor monthly and annual spending patterns and identify areas of unnecessary expenditure.
• Develop cost-saving strategies through price benchmarking, negotiation and vendor consolidation.
• Conduct cost-benefit analysis before finalising major procurement decisions.
• Track price fluctuations and understand their impact on overall manufacturing costs.
• Establish commercial controls to ensure procurement within approved budgets.
• Identify opportunities for reducing procurement costs without compromising quality.
• Identify, evaluate and develop vendors based on price, quality, delivery, service and reliability.
• Conduct comparative analysis of vendor quotations and prepare commercial evaluation statements.
• Regularly benchmark existing vendor rates against market prices.
• Develop a structured vendor rating and performance evaluation system.
• Negotiate pricing, payment terms, credit periods and other commercial conditions.
• Identify alternate vendors to reduce dependency on existing suppliers.
• Conduct periodic vendor performance reviews and recommend corrective actions.
• Monitor consumption of consumables such as refractories, sand, chemicals, ferroalloys, grinding wheels, cutting tools, welding consumables, lubricants and other foundry-related materials.
• Analyse consumption against production volumes and establish consumption norms.
• Identify abnormal consumption, wastage and potential leakages.
• Compare consumption trends across departments, production lines or plants.
• Work closely with Production, Maintenance, Quality and Stores teams to optimise material utilisation.
• Ensure appropriate inventory levels while minimising excess and non-moving stock.
• Develop MIS reports for consumption, procurement costs and inventory ageing.
• Ensure timely procurement of materials as per production and operational requirements.
• Develop procurement plans in coordination with respective departments.
• Monitor purchase orders, delivery schedules and supplier commitments.
• Improve procurement processes and ensure adherence to approved procurement policies.
• Coordinate with Stores for stock reconciliation, reorder levels and material availability.
• Ensure transparency and compliance in the entire procurement cycle.
• Prepare monthly reports on procurement expenditure and category-wise spending.
• Develop vendor-wise and material-wise price comparison reports.
• Track cost savings achieved through negotiations and alternate sourcing.
• Prepare consumption variance reports against established norms.
• Monitor budget versus actual procurement expenditure.
• Present periodic commercial performance reports to management.

Job description

Job Summary

To manage the overall supply chain and commercial activities with a strong focus on cost optimization, vendor evaluation, procurement efficiency and expenditure control.

The individual will be responsible for analyzing the company's spending on consumables, identifying cost-saving opportunities, evaluating vendors on commercial and technical parameters, negotiating competitive rates and ensuring procurement decisions deliver the best value to the organization.

Role & responsibilities

A. Commercial Management & Cost Optimisation

• Analyse overall expenditure on consumables, raw materials, stores and other indirect procurement categories.
• Monitor monthly and annual spending patterns and identify areas of unnecessary expenditure.
• Develop cost-saving strategies through price benchmarking, negotiation and vendor consolidation.
• Conduct cost-benefit analysis before finalising major procurement decisions.
• Track price fluctuations and understand their impact on overall manufacturing costs.
• Establish commercial controls to ensure procurement within approved budgets.
• Identify opportunities for reducing procurement costs without compromising quality.

B. Vendor Evaluation & Development

• Identify, evaluate and develop vendors based on price, quality, delivery, service and reliability.
• Conduct comparative analysis of vendor quotations and prepare commercial evaluation statements.
• Regularly benchmark existing vendor rates against market prices.
• Develop a structured vendor rating and performance evaluation system.
• Negotiate pricing, payment terms, credit periods and other commercial conditions.
• Identify alternate vendors to reduce dependency on existing suppliers.
• Conduct periodic vendor performance reviews and recommend corrective actions.

C. Consumables & Inventory Cost Control

• Monitor consumption of consumables such as refractories, sand, chemicals, ferroalloys, grinding wheels, cutting tools, welding consumables, lubricants and other foundry-related materials.
• Analyse consumption against production volumes and establish consumption norms.
• Identify abnormal consumption, wastage and potential leakages.
• Compare consumption trends across departments, production lines or plants.
• Work closely with Production, Maintenance, Quality and Stores teams to optimise material utilisation.
• Ensure appropriate inventory levels while minimising excess and non-moving stock.
• Develop MIS reports for consumption, procurement costs and inventory ageing.

D. Supply Chain & Procurement Management

• Ensure timely procurement of materials as per production and operational requirements.
• Develop procurement plans in coordination with respective departments.
• Monitor purchase orders, delivery schedules and supplier commitments.
• Improve procurement processes and ensure adherence to approved procurement policies.
• Coordinate with Stores for stock reconciliation, reorder levels and material availability.
• Ensure transparency and compliance in the entire procurement cycle.

E. MIS & Commercial Reporting

• Prepare monthly reports on procurement expenditure and category-wise spending.
• Develop vendor-wise and material-wise price comparison reports.
• Track cost savings achieved through negotiations and alternate sourcing.
• Prepare consumption variance reports against established norms.
• Monitor budget versus actual procurement expenditure.
• Present periodic commercial performance reports to management.