Job Title

Role : Manager / Senior Manager – Procurement & PlanningQualification : MBA in Supply Chain / Operations Experience : 10 to 15 years Location : IndoreJob 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 ResponsibilitiesProcurement & Strategic SourcingDevelop 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 ManagementLead 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 ExcellenceImprove 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 CollaborationWork 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 ManagementEnsure 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 LeadershipLead 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 QualificationsBachelor’s degree in Mechanical Engineering / Industrial Engineering / Production Engineering or related field.MBA in Supply Chain / Operations / Materials Management preferred. Experience10–15+ 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 & CompetenciesStrong 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 ExperienceExperience 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 CompetenciesStrategic 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.