Purchase Manager

Position Purpose

The Role Holder is responsible for developing and implementing key raw material procurement strategies / purchase schedules, ensuring that these strategies / schedules are aligned with organizational objectives while optimizing cost of procurement

Strategic Responsibilities

· Plan, build & execute a strategic sourcing methodology ensure cost optimization

· Identify and develop vendors for obtaining timely procurement, involved in techno-commercial negotiations and finalize

· Contracts.

· Develop strategic partnerships with vendors.

· Develop raw material sourcing strategies, vendor identification management; establishing vendor qualification and re-

· qualification process.

· Provide support in assessing supplier quality and develop parameters for choosing the right suppliers

· Plan and implement best practices in supplier quality and vendor development

· Drive identification of supply chain risk and developing mitigation strategies.

Operational Responsibilities

· Ensure timely procurement of right quality of raw material, Engineering items and packing material.

· Ensure procurement cost is well within budgeted cost

· Maximize creditors day by higher credits on inputs and low inventories

· Maintain ARC/AMC of service providers

· Keep track on all legal aspects and ensure compliance with statutory requirements

· Ensure all measures required for maintaining various ISO systems

· Assist in identifying non-moving items as per norms and propose NPA in consultation with Engineering, Packaging Lab & Quality Control department

· Ensure material reconciliation with sub-contractors as per defined frequency and maintenance of proper records for

· outsourcing

· Facilitate resolution of problems related to misunderstanding or misinterpretation of product specifications or quality

· standards

· Vendor Development

· Identify materials with vendor development needs

· Consolidate requirement across materials with vendor synergy and collate specifications

· Provide guidance for market scanning of potential vendors

· Float RFI/RFP to identified vendors

· Shortlist vendors and conduct rate negotiations

· Supplier Relationship Management

· Ensure clear supplier segmentation

· Review classification of active suppliers into strategic/ critical/ leverage/ routine segments

· Support supplier performance evaluation

· Provide supplier scores on ‘Responsiveness’ to assess supplier quality

· Evaluate outcome of supplier evaluation and send automated scorecards to suppliers

· Support supplier risk assessment

· Evaluate outcome of supplier risk scored and take necessary action

· Identify supplier development initiatives

· Basis outcome of supplier performance evaluation and risk assessment, identify development initiatives

· Prioritize initiatives and monitor implementation of initiatives as per annual action plan

· Supplier Quality Management

· Implement quality systems and implementation for product quality consistency with outsourcing partners and suppliers

· Establish annual budget for Sourcing & Vendor Development team and ensure that the team operates within the budget.

· Maintaining day to day work and reports in systems provided by company.

· Must prepare QMS documentation and Face QMS audits.

People Responsibilities

· Inform & discuss supplier quality related matters with suppliers & internal customers

· Facilitate initiatives for training need identification and building requisite skills & competencies through systematic training & skill-upgradation initiatives for the team.

· Actively drive, in conjunction with the Senior Management Team, the performance management process of the team

· Recognize & reward excellent performers & affirm key contributions of employees toward the achievement of goals & objectives of the team

· Inspire & motivate employees through demonstrated commitment to PI’s values, vision & mission and active participation in

· various team engagement activities Scrap

Education Qualification

· B.E. Mechanical

· PG - MBA/PGDM Graduate (Supply Chain/ Operations).

Job Types: Full-time, Permanent

Pay: ₹17,290.09 - ₹50,000.00 per month

Benefits:

• Cell phone reimbursement
• Leave encashment
• Paid sick time
• Provident Fund

Work Location: In person