Assistant Manager - Procurement

Job Title: Assistant Manager - Procurement
Location: Madurai

Role Purpose:

To manage the procurement of electricity from a mix of renewable and non-renewable sources, ensuring cost-effective, compliant, and sustainable energy solutions .

Principal Accountabilities:

• Supplier Management – Identify, evaluate, and maintain relationships with suppliers.
• Contract Negotiation: Manage tendering and negotiations for Power Purchase Agreements (PPA) and other procurement contracts.
• Market Research – Monitor market trends, pricing and regulatory changes.Top of Form
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• Cost Optimization – Negotiate pricing and payment terms to achieve cost savings.
• Contract Management – Draft, review, and manage procurement contracts to ensure legal compliance and operational efficiency.
• Compliance & Documentation – Ensure adherence to procurement policies, regulatory requirements and maintain accurate records.
• Risk Management – Proactively identify and mitigate risks related to electricity procurement and supply reliability
• Cross-functional Collaboration – Work closely with Finance and Engineering teams to align with business needs.
• Purchase Order Processing – Create and manage purchase orders, ensuring accuracy and compliance with internal policies.
• Reporting & Analysis – Generate procurement KPI reports and analyse data to support decision-making and continuous improvement.Bottom of Form

Education, Qualifications and Experience:

• Bachelor’s degree in electrical or electronics engineering or related field.
• Minimum 8 - 10 years of experience in direct or indirect procurement, preferably in a multinational or manufacturing industry.

• Experience with procurement systems (e.g., SAP, Ariba, Power BI), data analytics and controls & audit frameworks.

• Excellent communication and stakeholder management abilities.

• Analytical mindset with ability to interpret data and present insights.

 Desirable:

• MBA/Postgraduate in Operations or Supply Chain.

• Understanding of renewable energy markets, especially wind and solar.
• Experience in negotiating and managing PPAs.
• Familiarity with sustainability goals and carbon offset mechanisms.

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.