Assistant Manager, Procurement
Job Description Summar
yThe Assistant Manager, Procurement is responsible for managing procurement activities, supply planning, supplier performance, and compliance requirements to ensure uninterrupted business operations. This role will drive sourcing strategies, optimize inventory levels, ensure regulatory compliance, and support cost-saving initiatives while maintaining strong supplier relationships. The incumbent will work closely with cross-functional teams including Finance, Operations, Quality, Engineering, and Logistics to ensure procurement and planning objectives are achieved
.
Key Responsibiliti
es
Procurement & Strategic Sourc
- ingManage end-to-end procurement activities, including sourcing, supplier selection, negotiations, contract management, and purchase order issuance ensuring strict adherence to company polici
- es.Develop and implement sourcing strategies to optimize cost, quality, delivery, and supplier performan
- ce.Conduct RFQ, RFP, and tender processes in accordance with company polici
- es.Negotiate pricing, payment terms, contracts, and service agreements with supplie
- rs.Monitor supplier performance through KPIs and implement corrective actions where necessa
- ry.Identify and execute cost-saving and value engineering initiativ
- es.Develop and maintain procurement and supply plans based on business forecasts and operational requiremen
- ts.Collaborate with stakeholders to ensure stock availability and prevent disruption of supp
- ly.Monitor consumable stock levels and support optimization initiativ
- es.Analyze demand trends and adjust procurement plans according
- ly.Coordinate with logistics and warehouse teams to ensure timely delivery of materials and servic
es.Compliance & Governa
- nceEnsure procurement activities comply with company policies, ethical standards, and regulatory requiremen
- ts.Manage compliance with local authority requirements, including e-Invoicing regulations and procurement-related statutory obligatio
- ns.Ensure compliance with indirect tax requirements such as GST, SST, VAT, withholding tax, and other applicable regulatio
- ns.Support internal and external audits related to procurement and supply chain activiti
- es.Maintain accurate procurement records, contracts, supplier documentation, and audit trai
- ls.Monitor and mitigate procurement and supplier-related ris
ks.Reporting & Continuous Improvem
- entPrepare procurement reports, spend analysis, supplier performance reports, and E-Invoicing report and compliance dashboar
- ds.Analyze procurement data to identify trends, opportunities, and ris
- ks.Drive continuous improvement initiatives to enhance procurement efficiency and process effectivene
- ss.Support digitalization and automation initiatives within procurement and supply chain functio
- ns.Participate in cross-functional projects and strategic business initiativ
es.Requireme
ntsEducat
- ionBachelor’s degree in business administration, Supply Chain Management, Procurement, or a related fie
ld.Experie
- nceMinimum 8 years of relevant experience in Procurement, Supply Chain, Planning, or Compliance functio
- ns.Experience working in a manufacturing or aerospace environment is an added advanta
- ge.Strong vendor management and stakeholder management skil
- ls.Excellent communication and interpersonal abiliti
- es.Proficiency in procurement software, SAP and Microsoft Office applicati
- on.Analytical thinking and problem-solving skil
- ls.Ability to work independently and as part of a te
- am.Knowledge of e-invoicing with local authority compliance matters to procurement activities or transactio
- ns.Knowledge of indirect taxes with local authority compliance matters to procurement activities or transactio
ns.