Purchase Manager

Role Overview:

• We are looking for a 'Purchase Manager' (full time, onsite in Bengaluru) to join our dynamic team at Selmount Power Systems Pvt. Ltd.
• Will be responsible for end-to-end procurement of materials required for control panel manufacturing.
• Ensure timely sourcing, vendor development, negotiation, and supply coordination.
• Maintain strong liaison with Design, Production, Stores and Quality departments.
• Focus on cost optimization, vendor reliability and timely material availability.

Key Responsibilities:

1) Procurement Planning & Execution

• Develop and implement effective purchase strategies.
• Plan material requirements based on project and production schedules.
• Maintain optimum inventory levels and track budget utilization.
• Forecast demand and align procurement accordingly.

2) Vendor Management

• Identify, evaluate, and develop reliable suppliers for electrical, fabrication, and automation items.
• Conduct regular vendor performance evaluations (price, quality, and delivery).
• Build long-term vendor relationships to ensure consistent supply and quality.

3) Sourcing & Negotiation

• Invite quotations, prepare comparison statements, and finalize suppliers.
• Negotiate prices, credit terms, and delivery timelines for best value.
• Issue purchase orders as per approved specifications and commercial terms.

4) Coordination & Follow-up

• Coordinate with internal departments for material planning and prioritization.
• Monitor open purchase orders and follow up for timely delivery.
• Resolve delivery issues, shortages, or rejections in coordination with vendors and QC.

5) Cost Control & Reporting

• Analyze market trends for potential cost-saving opportunities.
• Maintain purchase MIS reports, budget comparisons, and rate contract data.
• Support management with procurement-related analysis and periodic reports.

6) Documentation & Compliance

• Ensure accurate documentation of all procurement activities as per ISO / QMS standards.
• Maintain purchase records, GRNs, invoices, and quality certifications.
• Comply with GST and internal audit requirements.

Required skills:

• Technical knowledge: Strong technical knowledge of control panel components, switchgear, and automation products, Proficiency in ERP and procurement software.
• Negotiation skills: Exceptional ability to negotiate favorable terms and build profitable vendor relationships.
• Analytical skills: Strong analytical and problem-solving abilities to assess market trends, evaluate suppliers, and manage costs.
• Leadership: Proven leadership skills to manage and motivate a purchasing team effectively.
• Communication: Excellent communication and interpersonal skills to collaborate with internal departments and external suppliers.
• Detail-oriented: High attention to detail for managing contracts, records, and ensuring compliance.

Qualification:

• B.E / Diploma in Electrical or Electronics Engineering – Mandatory.
• MBA / PG Diploma in Materials Management – Preferred.

Why Join Us?

• Exposure to industry-standard practices in control panel manufacturing.
• Supportive work environment with growth opportunities.
• 23 year old company with good recognition & leadership

Interested & Qualified candidates may share their CV at: digitalmarketing@selmount.in

Job Types: Full-time, Permanent

Pay: ₹40,000.00 - ₹56,893.60 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Provident Fund

Ability to commute/relocate:

• Peenya Small Industries, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• Should mandatorily have 5 years of experience in electrical purchase field

Language:

• Kannada (Required)

Work Location: In person