Procurement Manager
Larsen & Toubro Ltd
Work from Office
Full Time
Min. 5 yearsJob Description
Procurement Manager
Key Responsibilities:
- Lead and manage the complete procurement lifecycle including sourcing, negotiation, contracting, and vendor performance evaluation.
- Develop and implement strategic sourcing plans to optimize cost, quality, and delivery timelines.
- Oversee supply chain operations, including planning, inventory control, warehousing, and logistics management.
- Drive cost reduction initiatives through effective negotiations, value engineering, and alternative sourcing strategies.
- Manage vendor relationships, including identification, prequalification, performance monitoring, and development of key suppliers.
- Ensure compliance with contractual, commercial, and statutory requirements.
- Coordinate with project, engineering and finance teams to ensure seamless material flow and budget adherence.
- Mitigate supply chain risks through contingency planning and proactive issue resolution.
- Lead and mentor procurement and supply chain teams, ensuring high performance and continuous improvement.
- Monitor market trends, pricing, and supply risks to support informed decision-making.
Key Skills & Competencies:
- Strategic Sourcing & Category Management
- Contract Management & Negotiation
- Vendor Development & Relationship Management
- Supply Chain Planning & Logistics Optimization
- Cost Control & Budget Management
- Risk Management & Compliance
- Strong Analytical & Leadership Skills
Job role
Job requirements
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The candidate should have completed the required education and people who have 5 to 25 years are eligible to apply for this job. You can apply for more jobs in Mandsaur to get hired quickly.
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