Purchase–Manager (Equipment and Tech.)

Job Summary:
We are looking for a dynamic and detail-oriented Procurement – Manager (Equipment and Tech.) to manage the sourcing and procurement of equipment and technology for our operations. The ideal candidate will have strong negotiation skills, a keen understanding of vendor management, and expertise in procurement processes, particularly within the Ayurveda and food production sectors.

Job description

1. Procurement Management: Handle the end-to-end procurement process for equipment and technology.
2. Vendor Management: Develop and maintain strong relationships with vendors to ensure the best terms and reliable supply.
3. Cost Efficiency: Implement strategies to achieve cost savings and efficiency in procurement activities.
4. Market Research: Stay updated with market trends and identify potential suppliers.
5. Risk Management: Assess and mitigate risks associated with procurement.
6. Compliance: Ensure all procurement activities comply with company policies and regulatory requirements.
7. Identify, evaluate, and select suppliers for equipment and technology procurement, ensuring alignment with company objectives, quality standards, and cost-effectiveness.
8. Conduct negotiations with vendors to secure favorable terms, including pricing, delivery schedules, and service agreements.
9. Draft and finalize contracts, ensuring all terms and conditions meet company requirements and mitigate risks.
10. Build and maintain strong relationships with suppliers, fostering collaboration and resolving any issues that may arise.
11. Continuously assess vendor performance and conduct supplier audits to ensure compliance with contractual obligations and to mitigate supplier risks.
12. Oversee the end-to-end procurement process, from requisition to delivery, ensuring timely and efficient acquisition of equipment and technology.
13. Analyze purchasing data and market trends to identify opportunities for cost reduction, process improvement, and innovation.
14. Generate regular reports on procurement activities, performance metrics, and savings achieved.
15. Collaborate with internal stakeholders, including production, engineering, quality assurance, and finance teams, to understand equipment requirements, specifications, and budgetary constraints.
16. Ensure compliance with company policies, industry regulations, and ethical standards throughout the procurement process.

Requirements 

1. Bachelor’s degree in Engineering (Mechanical, Chemical, Instrumentation), Supply Chain Management, Business Administration, or related field. (Master’s degree preferred)
2. Proven negotiation skills and experience in vendor relationship management.
3. Knowledge of Ayurveda and food production equipment.
4. Strong financial acumen and ability to manage budgets effectively.
5. Proficiency in Microsoft Excel.
6. Risk management expertise in procurement processes.
7. Excellent communication and organizational skills.

Negotiation skills, Ayurveda and Food Production Equipments, Risk management, Excel, SAP- ERP. Qualification: Bachelor’s degree