Purchase Manager

Job details

Job Title: Purchase Manager

Reports to: Chief Operating Officer

Qualifications :

· Bachelor’s degree in Business Administration, Supply Chain Management, Procurement, or a related field.

Experience : 3-5 Years

Key Responsibilities:

· Purchasing Management:

Plan and manage purchasing activities for materials, goods, and supplies in line with the company’s needs and budget.
Source and negotiate with suppliers to secure competitive prices, favorable terms, and high-quality products.
Manage and maintain long-term relationships with suppliers, ensuring reliable and timely delivery of goods.

· Inventory Control:

Oversee inventory levels to ensure adequate stock without overstocking or under stocking.
Monitor inventory turnover rates and make necessary adjustments to purchasing strategies.
Implement and manage an effective inventory management system to track stock levels and movement.

· Procurement Documentation:

Prepare and manage purchase orders, contracts, and related procurement documentation.
Ensure that all purchasing transactions are accurately recorded and comply with company policies and legal requirements.
Review and approve purchase requisitions from internal departments, ensuring compliance with budget and quality requirements.

· Vendor & Supplier Relationship Management:

Evaluate and select suppliers based on quality, reliability, and cost-effectiveness.
Regularly review supplier performance and resolve any issues related to delivery, quality, or pricing.
Work closely with suppliers to ensure the timely and accurate delivery of products and services.

· Cost Control & Budget Management:

Monitor and manage purchasing costs to stay within budget, while ensuring that quality standards are met.
Identify opportunities for cost-saving measures and negotiate better terms with suppliers when possible.
Provide regular reports to senior management on procurement activities, inventory levels, and budget status.

· Compliance & Reporting:

Ensure compliance with company policies, industry regulations, and legal requirements in purchasing and inventory management.
Prepare and maintain reports on inventory levels, procurement activities, and supplier performance.
Conduct periodic audits of inventory and purchasing records to ensure accuracy and integrity.

· Team Leadership & Development:

Supervise, train, and develop purchasing and stores team members to ensure efficient operations.
Foster a collaborative and efficient work environment within the stores and purchasing departments.
Delegate tasks and responsibilities to team members, ensuring that purchasing and inventory management processes run smoothly.

Pay: From ₹80,000.00 per month

Benefits:

Work Location: In person