Purchase Manager

Job Summary

The Purchase Manager will be responsible for leading and implementing the company's overall procurement strategy across all fashion and lifestyle categories. This includes end-to-end vendor management, stock planning, cost optimization, and aligning inventory with business objectives such as margin targets, seasonal calendars, and customer preferences.

Position Details

Job Title: Purchase Manager

Job Location/HQ: Vijaywada

Reporting To: Managing Director

Job Qualifications & Requirements

• Bachelor’s degree in Business, Fashion Merchandising, Supply Chain, or Retail Management; MBA preferred
• 10 years of retail/fashion procurement experience with category-specific buying (Women'swear, )
• Minimum 8 years of experience as a purchase manager in a reputed multi-store retail chain
• Proven ability to manage BNS (Buy & Sell), SOR (Sale or Return), and SAS (Sell and Settle) procurement models
• Proficiency in Microsoft Excel, ERP systems (SAP/Oracle/Navision), and purchase planning tools
• Skilled in OTB (Open-to-Buy) planning, stock turnover control, aging analysis, and sell-through optimization
• Experience in pricing strategy, discounting models, and seasonal merchandise planning
• Strong track record of vendor development, onboarding, and relationship management across India
• Experience in managing multi-city, multi-format procurement operations
• Excellent leadership skills with the ability to mentor and monitor Category Purchase Managers & teams
• Skilled in setting KPIs, incentive structures, and performance monitoring systems
• Fluency in English & Hindi; knowledge of Telugu is an added advantage
• Business-to-Customer (B2C) retail experience is mandatory

Key Responsibilities

• Lead procurement strategy and execution across Womenswear (Chudidhar)
• Develop seasonal and monthly purchase plans aligned with sales targets and budgets
• Own and monitor margins, sell-through, stock turnover, stock aging, and KPIs
• Implement and standardize procurement models (BNS, SOR, SAS) as per category needs
• Build and maintain strong vendor networks across India; negotiate favorable terms
• Good business sense with strong skills in managing margins, negotiating with vendors, and reducing costs.
• Collaborate with Retail, Planning, Finance, and Merchandising teams for stock flow and demand planning
• Approve and oversee vendor onboarding, product assortment, and replenishment cycles
• Ensure documentation & compliance: rate agreements, POs, GRNs, settlements
• Coordinate with Visual Merchandising & Marketing for campaigns and promotional buys
• Present monthly dashboards on stock health, procurement insights, and gaps to leadership
• Drive process improvements to optimize timelines, costs, and vendor SLAs
• Lead, mentor, and supervise the procurement/purchase team.

Job Type: Full-time

Pay: Up to ₹50,000.00 per month

Work Location: In person