Store & Purchase Manager
Job Location- Samba , Jammu
Job Summary:
The Store & Purchase Manager is responsible for managing the entire store operations, inventory control, procurement activities, vendor management, and material availability to ensure smooth business operations. The role involves maintaining optimum stock levels, timely purchasing of materials, cost control, and effective coordination with internal departments and suppliers.
Key Responsibilities:Store Management:
- Oversee daily store operations and ensure proper receipt, storage, and issuance of materials.
- Maintain accurate inventory records and stock registers.
- Conduct regular physical stock verification and reconciliation.
- Monitor minimum, maximum, and reorder stock levels.
- Ensure proper material handling and storage practices.
- Implement FIFO (First In, First Out) and FEFO (First Expiry First Out) methods wherever applicable.
- Maintain housekeeping, safety, and security standards within the store.
Purchase Management:
- Plan and execute procurement activities as per organizational requirements.
- Float enquiries, obtain quotations, and compare vendor prices.
- Negotiate pricing, payment terms, and delivery schedules with suppliers.
- Generate Purchase Orders (POs) and track order status.
- Ensure timely procurement of materials to avoid production or operational delays.
- Develop and maintain relationships with existing and new vendors.
- Evaluate supplier performance periodically.
Inventory Control:
- Monitor inventory turnover and reduce excess or obsolete stock.
- Coordinate with departments for material planning and forecasting.
- Analyze consumption patterns and prepare inventory reports.
- Ensure proper documentation of inward and outward materials.
Coordination & Compliance:
- Coordinate with accounts for invoice verification and payment processing.
- Ensure compliance with company policies and procurement procedures.
- Prepare MIS reports related to inventory, purchases, and stock valuation.
- Support internal and external audits by providing necessary records and documentation.
Required Qualifications:
- Bachelor's Degree in Commerce, Supply Chain Management, Business Administration, or a related field.
- Diploma or certification in Materials Management or Supply Chain Management will be an added advantage.
Experience:
- 5–10 years of experience in Store and Purchase functions.
- Experience in manufacturing, retail, warehousing, FMCG, e-commerce, or trading industries is preferred.
Required Skills:
- Strong knowledge of inventory management and procurement processes.
- Vendor management and negotiation skills.
- Knowledge of ERP software and inventory management systems.
- Proficiency in MS Excel and MS Office.
- Analytical and problem-solving abilities.
- Good communication and interpersonal skills.
- Strong organizational and leadership capabilities.
- Attention to detail and accuracy in documentation.
Key Performance Indicators (KPIs):
- Inventory accuracy percentage.
- Material availability and stock-out rate.
- Purchase cost savings achieved.
- Vendor delivery performance.
- Inventory carrying cost reduction.
- Timely completion of stock audits.
- Purchase order turnaround time.
Job Summary:
The Store & Purchase Manager is responsible for managing the entire store operations, inventory control, procurement activities, vendor management, and material availability to ensure smooth business operations. The role involves maintaining optimum stock levels, timely purchasing of materials, cost control, and effective coordination with internal departments and suppliers.
Key Responsibilities:Store Management:
- Oversee daily store operations and ensure proper receipt, storage, and issuance of materials.
- Maintain accurate inventory records and stock registers.
- Conduct regular physical stock verification and reconciliation.
- Monitor minimum, maximum, and reorder stock levels.
- Ensure proper material handling and storage practices.
- Implement FIFO (First In, First Out) and FEFO (First Expiry First Out) methods wherever applicable.
- Maintain housekeeping, safety, and security standards within the store.
Purchase Management:
- Plan and execute procurement activities as per organizational requirements.
- Float enquiries, obtain quotations, and compare vendor prices.
- Negotiate pricing, payment terms, and delivery schedules with suppliers.
- Generate Purchase Orders (POs) and track order status.
- Ensure timely procurement of materials to avoid production or operational delays.
- Develop and maintain relationships with existing and new vendors.
- Evaluate supplier performance periodically.
Inventory Control:
- Monitor inventory turnover and reduce excess or obsolete stock.
- Coordinate with departments for material planning and forecasting.
- Analyze consumption patterns and prepare inventory reports.
- Ensure proper documentation of inward and outward materials.
Coordination & Compliance:
- Coordinate with accounts for invoice verification and payment processing.
- Ensure compliance with company policies and procurement procedures.
- Prepare MIS reports related to inventory, purchases, and stock valuation.
- Support internal and external audits by providing necessary records and documentation.
Required Qualifications:
- Bachelor's Degree in Commerce, Supply Chain Management, Business Administration, or a related field.
- Diploma or certification in Materials Management or Supply Chain Management will be an added advantage.
Experience:
- 5–10 years of experience in Store and Purchase functions.
- Experience in manufacturing, retail, warehousing, FMCG, e-commerce, or trading industries is preferred.
Required Skills:
- Strong knowledge of inventory management and procurement processes.
- Vendor management and negotiation skills.
- Knowledge of ERP software and inventory management systems.
- Proficiency in MS Excel and MS Office.
- Analytical and problem-solving abilities.
- Good communication and interpersonal skills.
- Strong organizational and leadership capabilities.
- Attention to detail and accuracy in documentation.
Key Performance Indicators (KPIs):
- Inventory accuracy percentage.
- Material availability and stock-out rate.
- Purchase cost savings achieved.
- Vendor delivery performance.
- Inventory carrying cost reduction.
- Timely completion of stock audits.
- Purchase order turnaround time.
Job Summary:
The Store & Purchase Manager is responsible for managing the entire store operations, inventory control, procurement activities, vendor management, and material availability to ensure smooth business operations. The role involves maintaining optimum stock levels, timely purchasing of materials, cost control, and effective coordination with internal departments and suppliers.
Key Responsibilities:Store Management:
- Oversee daily store operations and ensure proper receipt, storage, and issuance of materials.
- Maintain accurate inventory records and stock registers.
- Conduct regular physical stock verification and reconciliation.
- Monitor minimum, maximum, and reorder stock levels.
- Ensure proper material handling and storage practices.
- Implement FIFO (First In, First Out) and FEFO (First Expiry First Out) methods wherever applicable.
- Maintain housekeeping, safety, and security standards within the store.
Purchase Management:
- Plan and execute procurement activities as per organizational requirements.
- Float enquiries, obtain quotations, and compare vendor prices.
- Negotiate pricing, payment terms, and delivery schedules with suppliers.
- Generate Purchase Orders (POs) and track order status.
- Ensure timely procurement of materials to avoid production or operational delays.
- Develop and maintain relationships with existing and new vendors.
- Evaluate supplier performance periodically.
Inventory Control:
- Monitor inventory turnover and reduce excess or obsolete stock.
- Coordinate with departments for material planning and forecasting.
- Analyze consumption patterns and prepare inventory reports.
- Ensure proper documentation of inward and outward materials.
Coordination & Compliance:
- Coordinate with accounts for invoice verification and payment processing.
- Ensure compliance with company policies and procurement procedures.
- Prepare MIS reports related to inventory, purchases, and stock valuation.
- Support internal and external audits by providing necessary records and documentation.
Required Qualifications:
- Bachelor's Degree in Commerce, Supply Chain Management, Business Administration, or a related field.
- Diploma or certification in Materials Management or Supply Chain Management will be an added advantage.
Experience:
- 5–10 years of experience in Store and Purchase functions.
- Experience in manufacturing, retail, warehousing, FMCG, e-commerce, or trading industries is preferred.
Required Skills:
- Strong knowledge of inventory management and procurement processes.
- Vendor management and negotiation skills.
- Knowledge of ERP software and inventory management systems.
- Proficiency in MS Excel and MS Office.
- Analytical and problem-solving abilities.
- Good communication and interpersonal skills.
- Strong organizational and leadership capabilities.
- Attention to detail and accuracy in documentation.
Key Performance Indicators (KPIs):
- Inventory accuracy percentage.
- Material availability and stock-out rate.
- Purchase cost savings achieved.
- Vendor delivery performance.
- Inventory carrying cost reduction.
- Timely completion of stock audits.
- Purchase order turnaround time.
Job Types: Full-time, Permanent
Pay: ₹40,000.00 - ₹60,000.00 per month
Benefits:
- Paid sick time
- Paid time off
- Provident Fund
Application Question(s):
- What is your current location?
- What is your current salary ?
- What is your expected salary ?
- Are you available to join us immediately ?
Work Location: In person
