Senior Purchasing Manager

Senior Manager – Raw Material ProcurementKey Purpose of the JobThe Senior Manager Procurement is responsible for ensuring smooth flow of components and Raw materials to meet production. The role holder is responsible to manage procurement costs and provide techno commercial support to category / material. Ensuring components inventory is under control and within targets is critical to the role holder.Educational Qualification / Experience RequiredGraduate in Engineering (BE or B Tech or M.Sc. Polymer Science)Preferred only Mechanical, Chemical or PolymerExperience of around 12 to 15 years in technical / industrial purchaseStrong experience in procurement of:Polymer materials (PVC, CPVC, ABS, PP, engineering polymers, MBs and Colorants)Packaging materials (cartons, labels, consumables)Bought-Out Parts (BOP) – mechanical and electrical componentsShould possess experience in procurement for MRP / Just in Time (JIT) production facility / systemsStrong Experience SAP HanaKey ResponsibilitiesDrive end-to-end procurement of polymer materials, packaging, and BOP ensuring on-time delivery and SLA adherenceMonitoring supplier alignment on cost, quality, and delivery (CQD) targetsDrive cost optimization through alternate sourcing, value engineering, and logistics improvementsEnsure inventory control and working capital optimizationManage strategic supplier relationships and ensure supply continuityImplement JIT, lean supply models, and procurement digitization initiativesEnsure compliance with procurement governance, contracts, and auditsCollaborate with cross-functional teams including planning, production, quality, engineering, and financeTask AnalysisIndicative Tasks1. Responsible for monitoring procurement of direct materials (BOM items) adhering to On Time Delivery (OTD), Adherence to Leveled Production (ALP) guidelines, material budgets and SLAsReview overall production and material requirement plan on a periodic basis, monitor day to day activities and challenges in the functionMonitor Adherence to Leveled Production (ALP) and MRP on a regular basis and modify purchase plan, as necessaryDirect collection of the materials requirement plan (MRP) based on 1 Firm + 2 Tentative (1F+2T) from Planning departmentReview issue / bottlenecks escalated for non adherence or non conformation to materials procurement planMonitor critical areas of supply prone to escalation including supplier capability, quality to ensure no loss in production timeMonitor Annual Purchase Orders (APOs), Rate contract with suppliers and ensure adherence to Cost, Quality and Delivery norms specified by Watertec including vendor ratingTrack high risk raw material, review terms of performance and sign APOs with suppliers2. Monitor checks and controls to ensure adherence to raw material inventory targetsStudy, set targets for inventory control across components / parts category based on complexity, cost, supplier capability, requirements in the organizationDevise measures to track raw material inventory on a periodic basis, including Physical stock, Factory stores, WHEnsure inventory control process is meticulously followed by team and target inventory is achieved at stages including Inward, Inprocess, and stocks in transitTrack and review instances of non-availability of stocks, presence of non moving / dead / obsolete stock and escalate to respective stake holdersEnsure strict control on procurement of high value items, review availability of necessary approvals, adherence to documentation and storage and space utilization guidelinesSupport various audits including ISO / IMS as required and take steps to reduce material inventory3. Manage critical / major supplier relations to monitor and ensure supplier agenda is aligned to Watertec business requirementsStudy, analyze and identify non conformance and provide inputs for resolutions, as necessaryIdentify requirements for redevelopment of parts / suppliers, manage projects and resolve any long standing issues that may exist include design inputs, as necessaryParticipate in negotiations with corporate suppliers, domestic, international and other critical / major suppliers to reiterate the quality paradigm and provide resolution to challengesIndex based procurement of BOP and packaging (ferrous and non-ferrous), Strong expertise in index-based procurement and pricing modelsHandling price contracts linked to market indices (e.g., polymer price indices, PPI, crude-linked benchmarks), Ability to design and negotiate index-linked pricing mechanisms with suppliersMonitoring and analyzing raw material price trends to drive informed sourcing decisions, Ensuring transparency and risk sharing in long term contracts through structured price formulasCollaborate with cross-functional teams, Demand Planning, Factory PPC, Production, Quality, Engineering, and FinanceConduct supplier satisfaction surveys to understand supplier issues and challenges, develop and implement solutions4. Responsible to implement cost reduction initiatives and achieve cost, quality and delivery (CQD) targetsIdentify, follow through with Supplier Development on opportunities of cost - reduction by developing alternate sources, alternate materialsAnalyze avenues for cost reduction in logistics, provide inputs to improve efficiencies or change in logistics provider, mode, etc in order to reduce costAnalyze OQs, MOQs, stock usage patterns to arrive at the right balance in procurement quantity, define economic order quantity beneficial to Watertec and ensure orders are placed in adherence to defined EOQsImplement lean and MRP activities in purchase function, provide inputs for supply mode conversion from non visual / non standard items to two bin and Milk Run modeUndertake steps to reduce raw material inventory and introduce Just-in-Time (JIT) practices for high value, slow moving raw materialsAnalyze purchase patterns of various materials and derive the optimum minimum Order and Stocking Quantity, provide inputs to stores in deriving Bin QualitiesAvail Captive RM discounts, Slab pricing and Volume based discounts for cost reduction in large and medium suppliersGenerate list of critical parts, ensure availability to meet production targets and work with suppliers to improve delivery performance by analyzing issues and developing an action plan to resolve themEnsure suppliers adhere to all cost, quality and delivery norms as specified in the SLAs, contractsRegularly visit suppliers manufacturing facilities to audit their facilities and procedures, provide inputs to suppliers on process improvement