Purchase Manager

The Purchase & Procurement Manager will be responsible for developing, implementing, and managing procurement strategies to ensure cost-effective purchasing, supplier management, and timely availability of materials, equipment, and services. This role requires strong negotiation skills, strategic thinking, and the ability to balance cost efficiency with quality and compliance. Key ResponsibilitiesProcurement Strategy & Planning Develop and execute procurement strategies aligned with business objectives. Forecast procurement needs and plan accordingly to avoid shortages or delays. Continuously review and improve purchasing policies, procedures, and processes. Vendor & Supplier Management Identify, evaluate, and onboard suppliers based on quality, reliability, and cost-effectiveness. Maintain strong relationships with key vendors while continuously scouting new potential suppliers. Conduct regular supplier audits and performance evaluations. Cost & Contract Management Negotiate contracts, terms, and pricing with suppliers to achieve cost savings. Ensure contracts comply with legal, regulatory, and company standards. Monitor market trends to identify opportunities for cost optimization. Operational Procurement Oversee the timely procurement of raw materials, machinery, spares, consumables, and services. Coordinate with internal departments (production, finance, logistics, etc.) to ensure alignment on requirements. Implement best practices in inventory management to minimize wastage and reduce carrying costs. Compliance & Reporting Ensure compliance with company policies, ethical standards, and regulatory requirements. Maintain accurate records of purchases, pricing, supplier contracts, and inventory levels. Prepare and present regular reports on procurement performance, savings, and vendor relationships. Qualifications & SkillsBachelor’s degree in Supply Chain Management, Business Administration, or related field (MBA preferred). 7–10 years of proven experience in procurement, purchasing, or supply chain management (managerial level preferred). Strong negotiation, communication, and analytical skills. Proficiency in ERP systems and MS Office Suite. Knowledge of procurement best practices, compliance regulations, and market trends. Ability to multitask, prioritize, and manage time effectively. Key CompetenciesStrategic thinking and problem-solving. Strong leadership and team management abilities. Financial acumen with a focus on cost optimization. Relationship management with internal and external stakeholders. Ethical, detail-oriented, and results-driven. Reporting ToHead of Operations / Director – Supply Chain