PURCHASE AGM/DGM FOR STEEL INDUSTRY

An Assistant General Manager (AGM) or Deputy General Manager (DGM) – Purchase / Procurement is a senior leadership role responsible for managing end-to-end strategic sourcing, capital and operational expenditure (Capex & Opex), vendor negotiations, and supply chain continuity. Job Title Assistant General Manager (AGM) / Deputy General Manager (DGM) – Purchase & Procurement Job Purpose To drive cost-effective, time-bound, and high-quality procurement of direct and indirect materials, capital equipment, and services while optimizing inventory levels, mitigating supply risks, and supporting overall business profitability. Key Responsibilities 1. Strategic Sourcing & Procurement Management Centralized Purchasing: Oversee centralized or plant-level purchasing for raw materials, bulk/direct materials, Capex machinery, spare parts, and operational services. Cost Optimization: Implement strategic sourcing frameworks to achieve target cost reductions, purchase price variance (PPV) controls, and volume-based discounts. Policy & Governance: Establish and enforce purchase policies, approval matrices, standard operating procedures (SOPs), and delegation of authority (DoA). 2. Vendor Management & Contract Negotiation Supplier Evaluation: Identify, evaluate, and onboard reliable vendors/suppliers based on quality, pricing, delivery compliance, and capacity. Contract Management: Negotiate annual rate contracts (ARCs), payment terms, SLAs, warranty terms, and price escalations. Performance Tracking: Regularly audit vendor performance, conduct risk assessments, and maintain alternate vendor pipelines. 3. Inventory & Demand Planning Stock Optimization: Coordinate with production, maintenance, and store departments to maintain optimal inventory levels, reduce lead times, and prevent stockouts or excess holding. MRP / ERP Operations: Leverage enterprise resource planning (ERP) systems and procurement tools (e-procurement) to track requisitions, purchase orders (POs), and deliveries. 4. Cross-Functional Coordination & Reporting Finance Alignment: Work closely with Finance & Accounts to resolve invoice discrepancies, process payments, and track budget vs. actual expenditure. MIS & Analytics: Prepare periodic management information system (MIS) reports on spend analysis, savings, purchase order status, and supplier compliance. Audit Compliance: Ensure complete documentation, statutory/contractual compliance, and smooth support during internal and external audits.