Purchase Manager

5 - 10 years

0 Lacs

Posted:7 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Here is a polished version of the job description:

Job Title:

Job Summary:

Key Responsibilities:

  • Strategic Procurement:

    • Plan and execute end-to-end procurement for primary and secondary raw materials, as well as all packaging materials.
    • Develop and implement robust sourcing strategies to guarantee optimal quality, cost efficiency, and timely material availability.
  • Supplier & Vendor Management:

    • Identify, rigorously evaluate, and onboard new suppliers based on their capabilities, quality standards, and compliance adherence.
    • Negotiate favourable contracts, pricing, and payment terms with packaging vendors to achieve significant cost savings.
    • Cultivate and maintain long-term strategic relationships with key suppliers, ensuring strict adherence to service level agreements (SLAs).
  • Cost Optimization & Benchmarking:

    • Conduct comprehensive market analyses to benchmark packaging material prices and continuously optimise procurement spend.
    • Drive continuous improvement initiatives focused on reducing both procurement and operational costs across the supply chain.
  • Inventory & Logistics Coordination:

    • Collaborate closely with supply chain, production, and warehousing teams to maintain optimal stock levels and minimise waste.
    • Ensure the timely delivery of all materials to prevent production delays or stockouts.
  • Quality & Compliance:

    • Work in conjunction with Quality Assurance (QA) and Operations teams to ensure all packaging materials meet stringent quality and regulatory standards.
    • Verify vendor compliance with company policies, safety guidelines, and sustainability objectives.
  • Process & System Management:

    • Effectively utilise SAP/ERP systems for efficient purchase order processing, material tracking, and comprehensive procurement reporting.
    • Implement and maintain standard operating procedures (SOPs) for all procurement activities and vendor evaluations.
    • Prepare regular Management Information System (MIS) reports detailing procurement performance, spend analysis, and achieved cost savings.
  • Communication Skills:

    • Maintain clear and effective communication with internal teams and external vendors to ensure smooth coordination, timely deliveries, and proactive issue resolution.
    • Present procurement updates and vendor performance reports effectively to management, facilitating informed decision-making.

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