Manager / Senior Manager – Procurement & Planning-10-15-Indore

Role : Manager / Senior Manager – Procurement & Planning

Qualification : MBA in Supply Chain / Operations

Experience : 10 to 15 years

Location : Indore

Job Description :

The role is responsible for driving strategic sourcing, efficient planning, and inventory optimization to support high-quality, timely project delivery. The ideal candidate will bring strong expertise in engineering procurement, vendor development, and production planning within a regulated or capital equipment environment.

Key Responsibilities

Procurement & Strategic Sourcing

• Develop and implement procurement strategies for engineering components, fabricated parts, bought-out items, and pharma machinery sub-assemblies.
• Identify, evaluate, and develop a robust vendor base across India and international markets.
• Lead negotiations for pricing, contracts, and long-term supply agreements to ensure cost competitiveness.
• Drive cost optimization through value engineering, alternate sourcing, and supplier rationalization.
• Monitor supplier performance (quality, delivery, cost) and implement corrective actions.

Planning & Inventory Management

• Lead demand planning, production planning, and material requirement planning (MRP) aligned with project schedules.
• Ensure timely availability of materials to meet manufacturing and dispatch timelines.
• Optimize inventory levels to reduce carrying costs while ensuring zero production disruption.
• Implement structured planning systems and forecasting models.

Supply Chain & Operations Excellence

• Improve end-to-end supply chain efficiency, reduce lead times, and streamline procurement cycles.
• Coordinate with logistics partners for smooth domestic and international shipments.
• Ensure compliance with import/export regulations and documentation.

Cross-Functional Collaboration

• Work closely with design, engineering, production, quality assurance, and project teams.
• Support new product development initiatives with timely sourcing of critical and custom components.
• Align procurement and planning with customer delivery commitments and project milestones.

Compliance & Risk Management

• Ensure adherence to applicable quality and regulatory standards relevant to pharma equipment manufacturing (e.g., GMP practices).
• Identify supply risks and implement contingency sourcing strategies.
• Maintain procurement documentation for audits and internal controls.

Team Leadership

• Lead and develop procurement and planning teams, ensuring high performance and accountability.
• Establish KPIs, track performance, and drive continuous improvement initiatives.
• Build a collaborative and result-oriented team culture.

Required Qualifications

• Bachelor's degree in Mechanical Engineering / Industrial Engineering / Production Engineering or related field.
• MBA in Supply Chain / Operations / Materials Management preferred.

Experience

• 10–15+ years of experience in procurement and planning within engineering or manufacturing industries.
• At least 5 years in a leadership role.
• Preferred experience in pharmaceutical machinery, capital equipment, or similar custom-built manufacturing environments.

Key Skills & Competencies

• Strong knowledge of engineering procurement and vendor development.
• Expertise in ERP systems (SAP/ ERP Next/Frappe),
• Excellent negotiation, analytical, and cost management skills.
• Understanding of fabrication, machining, and bought-out components.
• Knowledge of global sourcing, logistics, and import/export procedures.
• Strong leadership, communication, and stakeholder management abilities.

Preferred Experience

• Experience in pharma equipment manufacturing or regulated industries.
• Exposure to international sourcing and supplier audits.
• Familiarity with GMP and documentation practices.

Key Performance Indicators (KPIs)

• Procurement cost savings and budget adherence.
• On-time material availability for production.
• Inventory turnover and working capital efficiency.
• Supplier performance (quality, delivery, responsiveness).
• Adherence to project timelines and customer commitments.

Behavioral Competencies

• Strategic thinking and decision-making.
• Strong problem-solving and analytical ability.
• Leadership and team-building skills.
• High ownership and execution focus.
• Ability to thrive in a fast-paced, project-driven environment.