Purchase Manager

Purchase Manager

Location: Gurgaon, Haryana

Experience Required: 5–10 Years in Strategic Procurement or Industrial Purchasing

Industry Preference: Manufacturing / Engineering / Projects (Kitchen Equipment preferred)

Key Purpose of the Role:

To lead, strategize, and execute the entire procurement cycle , sourcing, vendor management, negotiation, purchase planning, and inventory control, ensuring timely, cost-effective procurement aligned with the company’s quality and compliance standards.

Key Responsibilities:

Strategic Procurement:

1. Plan and implement procurement strategies based on company objectives and project timelines.
2. Drive cost savings without compromising quality or delivery schedules.
3. Vendor Development & Management:
4. Identify, evaluate, and onboard reliable vendors and suppliers.
5. Maintain vendor database with updated rates, payment terms, and performance records.
6. Conduct periodic vendor audits and performance reviews.

Negotiation & Contracts:

1. Negotiate rates, payment terms, delivery schedules, and service level agreements (SLAs).
2. Draft, review, and finalize purchase contracts and agreements in coordination with legal and finance teams.

Purchase Operations:

1. Generate and process Purchase Orders (POs) in coordination with project, inventory, and accounts teams.
2. Monitor order fulfillment, delivery schedules, and handle escalations for delays or defects.
3. Maintain minimum inventory levels by coordinating with the stores and production team.

Budget & Compliance:

1. Track and control procurement budgets.
2. Ensure all purchases comply with internal policies and statutory requirements.

MIS & Reporting:

1. Prepare monthly procurement reports, cost analyses, and supplier performance dashboards.
2. Maintain accurate and auditable records of all procurement transactions.

Key Skills & Competencies:

1. Strong negotiation and analytical skills
2. Deep understanding of procurement contracts and costing
3. Proficiency in ERP software (Tally Prime, SAP, Zoho, etc.)
4. Vendor relationship management
5. Time management and multitasking under pressure
6. Eye for detail and zero tolerance for procurement errors

Educational Qualification:

Bachelor’s Degree in Supply Chain, Mechanical Engineering, or related field (Essential)

MBA in Supply Chain / Materials Management (Preferred)