Assistant Purchase Manager

JD for Assistant Manager-Purchase Key Responsibilities: Procurement Operations: Source and procure raw materials, components, consumables, and services as per production and project requirements. Process purchase requisitions and issue purchase orders in a timely manner. Monitor stock levels and coordinate with stores/inventory to avoid shortages or overstocking. Vendor Management: Identify, evaluate, and develop a robust supplier base. Negotiate with vendors for price, delivery timelines, payment terms, and quality. Monitor supplier performance and maintain vendor rating records. Cost Control & Budgeting: Work with the Purchase Manager to achieve cost savings targets. Track purchase expenses and ensure adherence to procurement budgets. Documentation & Compliance: Ensure accuracy and completeness of procurement documentation (POs, invoices, delivery challans, contracts). Comply with all statutory and organizational procurement policies. Coordination & Communication: Collaborate with production, quality, and finance teams for timely supplies and payment clearances. Provide regular updates to internal stakeholders on material availability and purchase status. Market Intelligence: Stay updated on market trends, pricing movements, new suppliers, and substitute materials. Qualifications & Experience: Graduate in any discipline (Science/Commerce/Engineering). MBA / PG Diploma in Materials Management / Supply Chain is an advantage. Key Skills & Competencies: Strong negotiation and communication skills. Working knowledge of procurement software / ERP. Analytical mindset with a focus on cost optimization. Understanding of quality and technical specifications of materials. Ability to work under pressure and meet deadlines. Ethical and professional approach to procurement.