Chaturbhuj Fabtech Pvt Ltd

Compensation

Full Description

Key Responsibilities1. Strategic Purchase & Vendor Management • Develop and implement long-term procurement strategies aligned with organizational goals. • Identify, evaluate, onboard, and manage strategic vendors and suppliers. • Build strong vendor partnerships to ensure reliability, innovation, and cost efficiency. • Lead vendor performance reviews, audits, and continuous improvement initiatives. • Mitigate supply risks through alternate sourcing and contingency planning. 2. Purchase Planning & Big Negotiations • Lead annual and quarterly purchase planning in coordination with production, projects, and finance teams. • Drive high-value and strategic negotiations to achieve optimal pricing, payment terms, and delivery schedules. • Develop cost-saving initiatives, value engineering, and contract optimization strategies. • Finalize long-term rate contracts and framework agreements. 3. Quality & Quantity Assurance Oversight • Ensure procurement meets defined quality standards and technical specifications. • Coordinate with Quality, Stores, and Inspection teams for material verification and compliance. • Oversee quantity accuracy, shortage/excess control, and rejection handling. • Support corrective and preventive actions with vendors in case of quality issues. 4. Record & Documentation • Ensure accurate and compliant documentation of purchase orders, contracts, agreements, and amendments. • Maintain procurement MIS, reports, and dashboards for management review. • Ensure adherence to internal policies, audit requirements, and statutory compliance. 5. Order Processing & Vendor Communication • Oversee end-to-end purchase order processing and execution. • Ensure timely follow-ups with vendors for order confirmation, dispatch, and delivery. • Resolve supply, pricing, or delivery-related issues through proactive vendor coordination. • Act as the key escalation point for critical procurement matters. Key Skills & Competencies • Strategic sourcing and negotiation expertise • Strong vendor relationship management • Commercial and contract management skills • Analytical and cost optimization mindset • Leadership and cross-functional coordination • Strong communication and decision-making skills Qualifications & Experience • Bachelor’s degree in Engineering, Supply Chain, or Business Management (MBA preferred). • 10–15+ years of relevant procurement experience, with at least 4–5 years in a leadership role. • Experience managing high-value purchases and strategic vendors. Job Type: Full-time Pay: $35,000.00 - $45,000.00 per month Benefits: • Health insurance Work Location: Remote