Watertec India
Website:
watertecindia.com
Job details:
Key Purpose of the Job :
The Senior Manager Procurement is responsible for ensuring smooth flow of components and Raw materials to meet production.
The role holder is responsible to manage procurement costs and provide techno commercial support to category / material.
Ensuring components inventory is under control and within targets is critical to the role holder.
Educational Qualification / Experience required :
- Graduate in Engineering ( BE or B Tech or M.Sc. Polymer Science) – Preferred only Mechanical, Chemical or Polymer
- Experience of around 12 to 15 years in technical / industrial purchase
- Strong experience in procurement of:
Polymer materials (PVC, CPVC, ABS, PP, engineering polymers, MBs and Colorants)
Packaging materials (cartons, labels, consumables)
Bought-Out Parts (BOP) – mechanical and electrical components
- Should possess experience in procurement for MRP / Just in Time (JIT) production facility / systems
- Strong Experience SAP Hana
Key Responsibilities :
Drive end-to-end procurement of polymer materials, packaging, and BOP ensuring on-time delivery and SLA adherence
Monitoring supplier alignment on cost, quality, and delivery (CQD) targets
Drive cost optimization through alternate sourcing, value engineering, and logistics improvements
Ensure inventory control and working capital optimization
Manage strategic supplier relationships and ensure supply continuity
Implement JIT, lean supply models, and procurement digitization initiatives
Ensure compliance with procurement governance, contracts, and audits
Collaborate with cross-functional teams including planning, production, quality, engineering, and finance
Indicative Tasks:
1. Responsible for monitoring procurement of direct materials ( BOM items ) adhering to On Time Delivery (OTD), Adherence to Leveled Production (ALP) guidelines, material budgets and SLAs
Review overall production and material requirement plan on a periodic basis, monitor day to day activities and challenges in the function
- Monitor Adherence to Leveled Production (ALP) and MRP on a regular basis and modify purchase plan, as necessary
- Direct collection of the materials requirement plan (MRP) based on 1 Firm + 2 Tentative (1F+2T) from Planning department
- Review issue / bottlenecks escalated for non adherence or non conformation to materials procurement plan
- Monitor critical areas of supply prone to escalation including supplier capability, quality to ensure no loss in production time
- Monitor Annual Purchase Orders (APOs), Rate contract with suppliers and ensure adherence to Cost, Quality and Delivery norms specified by Watertec including vendor rating
- Track high risk raw material, review terms of performance and sign APOs with suppliers
2. Monitor checks and controls to ensure adherence to raw material inventory targets Study, set targets for inventory control across components / parts category based on complexity, cost, supplier capability, requirements in the organization
- Devise measures to track raw material inventory on a periodic basis, including Physical stock , Factory stores , WH
- Ensure inventory control process is meticulously followed by team and target inventory is achieved at stages including Inward, Inprocess, and stocks in transit
- Track and review instances of non-availability of stocks, presence of non moving / dead / obsolete stock and escalate to respective stake holders
- Ensure strict control on procurement of high value items, review availability of necessary approvals, adherence to documentation and storage and space utilization guidelines
- Support various audits including ISO / IMS as required and take steps to reduce material inventory
3. Manage critical / major supplier relations to monitor and ensure supplier agenda is aligned to Watertec business requirements
- Study, analyze and identify non conformance and provide inputs for resolutions, as necessary
- Identify requirements for redevelopment of parts / suppliers, manage projects and resolve any long standing issues that may exist include design inputs, as necessary
- Participate in negotiations with corporate suppliers, domestic, international and other critical / major suppliers to reiterate the quality paradigm and provide resolution to challenges
- Index based procurement of BOP and packaging ( ferrous and non-ferrous), Strong expertise in index-based procurement and pricing models,
- Handling price contracts linked to market indices (e.g., polymer price indices, PPI, crude-linked benchmarks), Ability to design and negotiate index-linked pricing mechanisms with suppliers
- Monitoring and analyzing raw material price trends to drive informed sourcing decisions, Ensuring transparency and risk sharing in long term contracts through structured price formulas
- Collaborate with cross-functional teams, Demand Planning, Factory PPC, Production, Quality, Engineering, and Finance
- Conduct supplier satisfaction surveys to understand supplier issues and challenges, develop and implement solutions
4. Responsible to implement cost reduction initiatives and achieve cost, quality and delivery (CQD) targets
- Identify, follow through with Supplier Development on opportunities of cost - reduction by developing alternate sources, alternate materials
- Analyze avenues for cost reduction in logistics, provide inputs to improve efficiencies or change in logistics provider, mode, etc in order to reduce cost
- Analyze OQs, MOQs, stock usage patterns to arrive at the right balance in procurement quantity, define economic order quantity beneficial to Watertec and ensure orders are placed in adherence to defined EOQs
- Implement lean and MRP activities in purchase function, provide inputs for supply mode conversion from non visual / non standard items to two bin and Milk Run mode
- Undertake steps to reduce raw material inventory and introduce Just-in-Time (JIT) practices for high value, slow moving raw materials
- Analyze purchase patterns of various materials and derive the optimum minimum Order and Stocking Quantity, provide inputs to stores in deriving Bin Qualities
- Avail Captive RM discounts , Slab pricing and Volume based discounts for cost reduction in large and medium suppliers
- Generate list of critical parts, ensure availability to meet production targets and work with suppliers to improve delivery performance by analyzing issues and developing an action plan to resolve them
- Ensure suppliers adhere to all cost, quality and delivery norms as specified in the SLAs, contracts
- Regularly visit suppliers manufacturing facilities to audit their facilities and procedures, provide inputs to suppliers on process improvements
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