Executive - Procurement

Job description

Job Title: Executive Procurement Location: Ambasamudram Role Purpose: To manage strategic sourcing and procurement transactions for indirect categories by sourcing, negotiating, and developing suppliers for civil, mechanical, and electrical works, CAPEX, MRO, and spares, while driving cost optimization, supplier performance, and compliance with company objectives. Principal Accountabilities: Supplier Management – Source, evaluate, and manage supplier relationships to ensure consistent quality, reliability, and on-time delivery of materials and services. Purchase Order Administration – Prepare and monitor purchase orders while ensuring accuracy, proper documentation, and adherence to internal procurement policies. Cost Optimization – Negotiate with suppliers on pricing, payment terms, and commercial conditions to achieve cost efficiencies without compromising quality or service levels. Market Intelligence – Track market trends, analyze supplier capabilities, and conduct benchmarking to support informed sourcing and procurement strategies. New Product Development Support – Coordinate with vendors and internal teams to develop new or alternative products and ensure timely availability of required materials. Contract Administration – Draft, review, and manage procurement contracts and agreements with sub-contractors to ensure compliance with legal and organizational standards. Compliance & Documentation – Maintain accurate procurement records and ensure all activities comply with company policies and regulatory requirements. Supply Chain Risk Management – Identify potential risks in the supply chain such as delivery delays, quality issues, or vendor constraints and implement mitigation measures. Cross-Functional Coordination – Collaborate closely with Finance, Supply Chain, Engineering, and Quality teams to align procurement activities with business objectives. Reporting & Performance Analysis – Prepare procurement reports and key performance indicators (KPIs), and analyze data to support strategic decisions and drive continuous improvement. Education, Qualifications and Experience : Possess 5–7 years of experience in sourcing and vendor management within a structured procurement environment. Demonstrate strong written and verbal communication skills. Proficient in MS Office tools, particularly Excel and PowerPoint. Strong attention to detail with the ability to collaborate effectively with multiple stakeholders. Ability to manage tasks efficiently and ensure timely completion of procurement activities. Working knowledge of SAP MM module and a clear understanding of Procure-to-Pay (P2P) processes. Desirable : Bachelor’s degree in engineering (BE/B.Tech) or MBA in a relevant discipline. Knowledge of data analytics tools such as Power BI or Tableau for procurement analysis and reporting. Prior experience working in a manufacturing industry environment. At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.