Assistant Manager

Responsibilities

• Develop and execute sourcing and purchasing strategies aligned with business requirements.
• Drive cost reduction, supplier base optimization, quality improvement, and timely delivery.
• Identify, evaluate, develop, and manage reliable suppliers and vendors.
• Manage the complete procurement cycle, including supplier selection, price negotiation, purchase order execution, and delivery follow-up.
• Determine optimal order quantities and delivery schedules based on business requirements and inventory levels.
• Track, analyse, and report procurement expenditure, savings, and supplier performance.
• Develop effective negotiation strategies and ensure procurement is completed at optimal commercial terms.
• Monitor market conditions, commodity prices, and industry trends to identify sourcing opportunities and risks.
• Conduct cost analysis, scenario analysis, benchmarking, and price comparisons.
• Prepare regular procurement reports, spend analysis, savings reports, and key performance metrics.
• Forecast market and price trends and proactively identify changes in supplier and buyer dynamics.
• Partner with suppliers, manufacturers, and internal stakeholders to ensure uninterrupted material availability.
• Ensure effective inventory management and stock optimization.
• Drive procurement digitalization, process improvements, and supplier compliance.
• Lead and motivate the team to achieve key metrics such as On-Time-In-Full (OTIF) delivery, year-on-year cost savings, inventory optimization, and supplier compliance .
• Ensure compliance with procurement policies and processes through regular audits and corrective actions.
• Ensure completeness, accuracy, effectiveness, and compliance of procurement-related documentation and transactions.
• Use SAP, Excel, and data management/reporting tools for procurement analysis and decision-making.

Requirements

• Industry / Functional Exposure Strong industry knowledge in Furniture Manufacturing, Seating, Home Textiles, or White Goods/Appliances .
• Strong working knowledge of MS Excel, data management, reporting, and analytical tools .
• Experience in procurement, strategic sourcing, and vendor development.

Skills

• & Competencies Strong communication and negotiation skills.
• Ability to manage the complete procurement and sourcing lifecycle.
• Strong supplier selection, development, and relationship management skills.
• Excellent commercial and analytical skills.
• Strong decision-making and problem-solving abilities.
• Ability to manage multiple priorities and work in a fast-paced environment.
• Ability to lead and motivate teams towards business and procurement objectives.
• Strong understanding of cost optimization, inventory management, and supplier performance management.
• Location
• Hosur Experience 7–10 years of relevant experience in Procurement, Strategic Sourcing, and Vendor Development.
• Education BE – Mechanical Engineering

Preferred

• Hands-on experience in SAP is preferred.

Role details

Role Specification Department

Procurement Role Title: Assistant Manager – Procurement Grade @ STL: AM

Reporting Relationship

• Reports to
• Procurement Manager