Purchase Manager

5 years

0 Lacs

Posted:4 days ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Part Time

Job Description

Job Description


We are seeking a highly skilled and experienced Purchase Manager to join our team in Visakhapatnam, India. As a Purchase Manager, you will play a crucial role in overseeing and optimizing our organization's procurement processes, ensuring cost-effectiveness, quality, and timely delivery of goods and services.

  • Develop and implement purchasing strategies aligned with organizational goals and objectives
  • Manage vendor relationships, negotiate contracts, and secure favorable terms
  • Analyze market trends, pricing, and supply chain dynamics to make informed purchasing decisions
  • Oversee the entire procurement process, from requisition to delivery
  • Collaborate with cross-functional teams to understand and meet their purchasing needs
  • Maintain accurate records of purchases, contracts, and vendor performance
  • Ensure compliance with company policies, industry regulations, and ethical standards
  • Identify and implement cost-saving opportunities without compromising quality
  • Conduct regular performance evaluations of suppliers and vendors
  • Manage and mentor the purchasing team, fostering a culture of continuous improvement
  • Prepare and analyze purchasing reports for senior management
  • Stay updated on industry trends and best practices in procurement

Qualifications

  • Bachelor's degree in Business Administration, Supply Chain Management, or related field
  • Minimum of 5 years of experience in purchasing or procurement, preferably in a managerial role
  • Strong analytical and problem-solving skills with a detail-oriented approach
  • Excellent communication and interpersonal skills to interact effectively with vendors and internal stakeholders
  • Proficiency in procurement software, ERP systems, and advanced spreadsheet applications
  • In-depth understanding of supply chain management principles and best practices
  • Demonstrated ability to negotiate contracts and manage vendor relationships
  • Experience in budget management and cost optimization
  • Knowledge of industry regulations and compliance standards related to procurement
  • Strong organizational skills with the ability to manage multiple projects simultaneously
  • Proven track record of implementing process improvements and driving efficiency
  • Experience in team leadership and mentoring
  • Ability to work under pressure and meet deadlines in a fast-paced environment
  • Willingness to travel occasionally for vendor meetings or industry events

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