Purchase Manager

Job Description

Key Responsibilities: Develop and implement purchasing strategies: This includes setting goals, defining policies, and establishing processes for sourcing and procuring goods and services. Identify and evaluate suppliers: Research and assess potential vendors based on quality, cost, and reliability. Negotiate contracts and pricing: Negotiate favorable terms with suppliers to secure competitive pricing and ensure timely delivery. Manage purchasing budgets: Control and track expenses, ensuring cost-effectiveness and staying within budgetary constraints. Oversee inventory levels: Monitor stock levels, place orders as needed, and ensure sufficient inventory to meet production or operational needs. Maintain supplier relationships: Build and maintain strong relationships with suppliers, fostering collaboration and trust. Collaborate with internal teams: Work with other departments to understand procurement needs and ensure timely delivery of goods and services. Ensure timely delivery and quality: Monitor delivery schedules, address any issues with suppliers, and ensure the quality of goods and services received. Analyze data and make recommendations: Analyze purchasing data, identify areas for cost savings and process improvements, and make recommendations to management. Manage and develop a purchasing team: Lead, supervise, and mentor team members, ensuring they are properly trained and equipped to perform their duties. Skills and Qualifications: Strong negotiation skills: The ability to effectively negotiate contracts and pricing with suppliers. Analytical skills: The ability to analyze data, identify trends, and make informed purchasing decisions. Leadership skills: The ability to lead and manage a team, motivate employees, and delegate tasks effectively. Communication skills: The ability to effectively communicate with suppliers, internal teams, and management. Problem-solving skills: The ability to identify and resolve issues with suppliers, deliveries, or other aspects of the procurement process. Proficiency in procurement software: Experience using various procurement software systems, such as ERP systems or e-procurement platforms. Knowledge of industry trends and best practices: Staying informed about the latest developments and trends in the purchasing and procurement field. Job Types: Full-time, Permanent Pay: ₹15,000.00 - ₹25,000.00 per month Benefits: Health insurance Paid sick time Provident Fund Schedule: Day shift Fixed shift Morning shift Supplemental Pay: Performance bonus Yearly bonus Experience: purchase manager: 3 years (Required) Work Location: In person