Purchase Manager

Job Description (JDs):

1. Procurement & Vendor Management

• Develop and implement effective procurement strategies aligned with company objectives.
• Identify, evaluate, and shortlist suppliers/vendors for raw materials, consumables, spares, capital equipment, and services.
• Negotiate pricing, credit terms, delivery conditions, and long-term supply contracts.
• Maintain a reliable vendor database and ensure periodic performance evaluations.
• Build strong supplier relationships to ensure timely and quality supply.

2. Purchase Planning & Inventory Coordination

• Coordinate with production, maintenance, stores, and finance departments to understand material requirements.
• Ensure timely procurement to prevent stock-outs or overstock situations.
• Monitor and maintain optimum inventory levels through strategic planning.
• Evaluate indents, prepare purchase orders, and ensure purchase compliance with company policies.

3. Cost Optimization & Budget Control

• Analyze market trends, price fluctuations, and supplier performance to achieve cost savings.
• Implement procurement best practices to reduce purchase costs without compromising quality.
• Participate in annual budgeting for procurement-related expenses.

4. Compliance & Documentation

• Ensure compliance with statutory requirements, company SOPs, and audit guidelines.
• Maintain proper documentation including purchase orders, quotations, agreements, and approvals.
• Liaison with commercial, accounts, and logistics teams for smooth material flow.

5. Logistics & Delivery Coordination

• Follow up with suppliers for on-time delivery of materials.
• Coordinate with transporters and logistics providers as necessary.
• Resolve issues related to quality, quantity, delivery, or billing discrepancies.

6. Team Leadership & Reporting

• Lead and mentor the purchase/procurement team.
• Generate periodic reports on purchases, supplier performance, cost savings, and inventory status.
• Ensure continuous improvement in procurement processes.

Required Qualifications & Experience:Educational Qualifications:

• Preferred: MBA in Supply Chain Management / Materials Management / Operations.
• Minimum: Bachelor’s Degree (B.Com / BBA / B.Sc / BE / Diploma in Engineering—depending on industry).

Experience:

• Minimum: 5–8 years in procurement/purchase.
• Preferred: Experience in manufacturing/steel/engineering industries, depending on your requirement.

Technical / Functional Skills:

• Strong knowledge of procurement processes, supply chain, and vendor management.
• Expertise in SAP/ERP systems for purchase and inventory modules.
• Understanding of negotiation strategies, contract management, and costing.
• Knowledge of relevant compliance (GST, e-way bill, commercial documentation).
• Ability to source materials locally and nationally.

Soft Skills:

• Excellent communication and negotiation skills.
• Strong leadership and team-management abilities.
• Analytical mindset with strong decision-making capability.
• High integrity and ethical procurement practices.

Job Type: Full-time

Pay: ₹45,000.00 - ₹50,000.00 per month

Work Location: In person