A Purchase Manager oversees an organization’s acquisition of goods and services, ensuring cost-effective, timely procurement that aligns with company goals. They are responsible for negotiating vendor contracts, managing supplier relationships, optimizing inventory levels, and leading buying teams to improve procurement strategies and maximize profitability.
- Supplier Management: Researching, evaluating, and selecting suppliers; negotiating contracts, prices, and payment terms.
- Procurement Strategy: Developing and implementing purchasing strategies to reduce costs, minimize wastage, and increase efficiency.
- Inventory & Purchasing Control: Monitoring stock levels, approving purchase orders, and maintaining accurate records of items bought, delivered, and costs.
- Team Leadership: Hiring, training, and managing purchasing staff and buyers.
- Budgeting & Compliance: Managing budgets, tracking expenses, and ensuring compliance with company policies and legal regulations.
Required Skills and Qualifications
- Experience: Usually 5–10+ years in procurement, purchasing, or supply chain management.
- Negotiation Skills: Proven ability to negotiate complex contracts.
- Analytical Abilities: Strong data analysis skills for tracking metrics and evaluating market trends.
- Communication: Excellent interpersonal skills for managing vendor relationships and internal team coordination.
- Software Proficiency: Experience with ERP (Enterprise Resource Planning) systems, inventory management software, and Microsoft Office, particularly Excel.
- Education: Bachelor’s degree in Business, Supply Chain Management, or a related field.
Common Performance Metrics
- Cost savings achieved.
- Supplier performance (on-time delivery, quality).
- Inventory turnover rates.
Note: Intrested candidate can share their updated CV at [email protected]
Job Types: Full-time, Permanent
Pay: ₹450,000.00 - ₹600,000.00 per year
Work Location: In person
