Purchase Manager
Corporate Office / Manufacturing Plant
Job Summary
The Procurement Head / Purchase Manager is responsible for developing and executing procurement strategies to ensure the timely, cost-effective, and quality-driven sourcing of raw materials, packaging materials, engineering spares, capital equipment, utilities, and services. The role focuses on vendor development, contract negotiations, inventory optimization, and ensuring uninterrupted plant operations while maintaining compliance with company policies and statutory requirements.
Key ResponsibilitiesProcurement Management
- Develop and implement procurement strategies aligned with business objectives.
- Ensure uninterrupted supply of raw materials, packaging materials, engineering spares, chemicals, consumables, and indirect materials.
- Plan procurement based on production forecasts and inventory levels.
- Monitor procurement budgets and achieve cost optimization targets.
Vendor Development & Management
- Identify, evaluate, and onboard qualified suppliers.
- Conduct vendor audits and performance evaluations.
- Build long-term relationships with strategic suppliers.
- Develop alternate sources to minimize supply risks.
- Maintain an approved vendor database.
Strategic Sourcing
- Source competitive quotations and conduct techno-commercial evaluations.
- Negotiate pricing, payment terms, delivery schedules, warranties, and annual contracts.
- Finalize purchase orders in accordance with company policies.
- Ensure procurement delivers the best value without compromising quality.
Inventory & Supply Planning
- Coordinate with Production, Stores, Planning, QA, and Maintenance for material requirements.
- Monitor inventory levels and minimize excess or obsolete stock.
- Ensure timely procurement of critical spares and consumables.
- Support inventory optimization and working capital management.
Cost Control
- Identify opportunities for cost reduction and value engineering.
- Monitor market trends and commodity price movements.
- Prepare cost-saving initiatives and procurement performance reports.
- Ensure procurement targets and savings objectives are achieved.
Contract & Compliance
- Prepare and manage supplier agreements and annual rate contracts.
- Ensure compliance with procurement policies, statutory regulations, and audit requirements.
- Resolve supplier disputes related to pricing, quality, or delivery.
- Maintain complete procurement documentation and records.
Cross-Functional Coordination
- Work closely with Production, Quality Assurance, Finance, Engineering, Projects, and Logistics.
- Coordinate with Accounts for invoice verification and payment processing.
- Support new product development by sourcing new materials and suppliers.
Team Management
- Lead and mentor the procurement team.
- Allocate responsibilities and monitor performance.
- Conduct supplier meetings and periodic procurement reviews.
- Drive continuous improvement initiatives within the procurement function.
Key Performance Indicators (KPIs)
- Procurement cost savings
- On-time supplier delivery (%)
- Purchase order cycle time
- Vendor performance rating
- Inventory turnover ratio
- Reduction in stock-outs
- Procurement budget adherence
- Number of alternate vendors developed
- Supplier quality performance
- Working capital optimization
Qualifications
- Bachelor's Degree in Commerce, Business Administration, or Supply Chain Management.
- MBA/Post Graduate Diploma in Supply Chain Management or Operations is preferred.
Experience
- Purchase Manager: 8–12 years of procurement experience, preferably in the dairy, food processing, FMCG, or manufacturing industry.
- Procurement Head: 12–18 years of relevant experience with at least 5 years in a leadership role.
Technical Skills
- Strategic sourcing and vendor management
- Contract negotiation
- Cost analysis and budgeting
- Inventory planning and materials management
- ERP/SAP procurement modules
- Advanced Microsoft Excel and reporting
- Knowledge of GST, procurement documentation, and commercial terms
- Supply chain planning and logistics coordination
- Market analysis and vendor evaluation
Behavioral Competencies
- Strong negotiation and influencing skills
- Leadership and people management
- Strategic thinking
- Excellent analytical and problem-solving abilities
- Decision-making and commercial acumen
- Effective communication and stakeholder management
- High integrity and ethical procurement practices
Preferred Industry
- Dairy Processing
- Food & Beverage Manufacturing
- FMCG
- Consumer Goods Manufacturing
- Packaging Industry
- Process Manufacturing
Preferred Materials Exposure
- Milk and dairy ingredients
- Packaging materials (cups, pouches, films, cartons, labels)
- Engineering spares
- Stainless steel equipment and fabrication items
- Utilities and maintenance consumables
- Chemicals and cleaning agents
- Laboratory consumables
- Capital equipment and project procurement
- Logistics and transportation services
Pay: ₹16,000.00 - ₹55,000.00 per month
Work Location: In person
