Posted:4 hours ago|
Platform:
Work from Office
Full Time
Job Title:
Purchase Manager
Location:
[City, State] / [Plant / Office location]
Department:
Procurement / Purchase / Supply Chain
Reporting To:
Head of Procurement / Supply Chain Manager / Operations Manager
Remuneration:
Experience Required:
8-10 years in Purchase / Procurement / Supply Chain, preferably with exposure to [industry you are hiring for, e.g. manufacturing / engineering / FMCG / Chemicals / Auto Components etc]
Education:
Bachelor s degree in Business, Commerce, Engineering, Supply Chain, or related field
Preferably MBA / Post-graduate qualification in Materials Management / Supply Chain / Procurement etc
Key Responsibilities:
Develop and execute procurement strategies to ensure timely sourcing of raw materials, consumables, spares, and capital equipment.
Identify alternative suppliers and sources to improve cost competitiveness and ensure supply continuity.
Negotiate contracts, pricing, payment terms, and delivery schedules.
Evaluate existing & prospective suppliers on quality, cost, reliability, and compliance.
Maintain strong relationships with key vendors.
Monitor and manage procurement costs, look for cost-saving opportunities.
Work within budgets; forecast procurement requirement and plan accordingly.
Issue purchase orders (POs), track order status, ensure timely delivery.
Coordinate with inventory / warehouse / production teams to maintain optimal inventory levels; avoid stockouts or excess.
Ensure procured items meet quality, safety, and regulatory standards.
Carry out supplier audits / performance reviews.
Ensure compliance with company procurement policies, ethical sourcing, and documentation.
Liaise with production / engineering / operations / finance / logistics departments to understand requirements and resolve issues.
Provide inputs for design / engineering if material issues arise.
Lead the purchasing / procurement team: assign tasks, mentor/junior buyers, manage performance.
Identify process inefficiencies; implement improvements / automation.
Track procurement metrics (on-time delivery, cost variance, supplier lead times etc) and report to senior management.
Monitor market trends, prices, currency fluctuations etc that could affect procurement.
Develop mitigation plans for supply risks (alternate sources, safety stocks etc)
Skills & Competencies:
Strong negotiation skills
Analytical mindset; good with numbers and cost structures
Good knowledge of procurement practices, legal/contractual aspects
Familiarity with ERP / procurement software / purchase order systems (e.g. SAP, Oracle etc)
Good interpersonal and communication skills
Leadership & team-management capability
Problem solving & decision making under pressure
Planning & time management
Rarr Technologies
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