Job Summary
The Purchase Manager is responsible for planning, sourcing, negotiating, and procuring materials, goods, and services required for company operations. The role ensures cost-effectiveness, quality standards, timely delivery, and strong supplier relationships.
Key Responsibilities1. Procurement Planning
- Develop and implement purchasing strategies.
- Forecast material requirements based on production and operational needs.
- Prepare purchase plans and budgets.
2. Vendor Management
- Identify, evaluate, and onboard new suppliers.
- Negotiate pricing, payment terms, and contracts.
- Maintain strong relationships with vendors.
- Conduct vendor performance evaluations.
3. Purchase Operations
- Issue purchase orders (POs) and track deliveries.
- Ensure timely procurement of materials to avoid stockouts.
- Coordinate with stores, production, and finance departments.
- Verify invoices and ensure accurate documentation.
4. Cost Control & Optimization
- Analyze market trends and price fluctuations.
- Achieve cost savings through negotiation and bulk purchasing.
- Implement cost-reduction initiatives.
5. Compliance & Reporting
- Ensure compliance with company policies and procurement procedures.
- Maintain procurement records and documentation.
- Prepare purchase reports and MIS for management.
Qualifications
- Bachelor’s degree in Business Administration, Supply Chain, or related field.
- 5–10 years of experience in procurement or supply chain management.
- Strong negotiation and vendor management skills.
Key Skills
- Strategic sourcing
- Negotiation
- Cost analysis
- Vendor management
- Inventory planning
- Communication & coordination
Job Types: Full-time, Permanent
Pay: ₹32,000.00 - ₹40,000.00 per month
Benefits:
- Health insurance
- Paid sick time
- Provident Fund
Work Location: In person
