Purchase Manager

Job Description

Job Description: · Ensure timely availability of raw materials and bought-out components · Manage inventory levels to meet production requirements · Minimize purchase costs through strategic sourcing and negotiation · cost reduction · Maintain minimum inventory levels without any plant shortages · Develop and implement long-term contracts with suppliers · Ensure timely development of new parts and components · Negotiate and finalize contracts for long-term price agreements · Manage contracts with service providers · Finalize procurement of capital goods and equipment and contracts · Ensure compliance with company policies and procedures · Participate in ERP implementation and integration projects · Ensure integration of procurement processes with ERP systems · Prepare Annual Management Information System (MIS) reports · annual forecasts and negotiate with suppliers · Work closely with cross-functional teams, including production, engineering, and quality · Identify opportunities for cost reduction and betterment Qualifications: B.Tech, MBA. M.Com with 10-15years knowledge in purchase & SCM Key skills Required: · Strong negotiation and communication skills · Ability to analyse data and drive business decisions · Experience with contract management, supplier development, and ERP systems · Ability to lead and mentor a team of procurement professionals. · Candidate from automotive industry will be preferable Show more Show less