Purchase Manager

1. Procurement Planning

• Forecast procurement needs based on production schedules, sales trends, or inventory levels.
• Create and manage procurement budgets.
• Plan and prioritize purchases to support business operations without delays or overstocking.

2. Supplier Management

• Identify, evaluate, and select suppliers based on quality, price, reliability, and service.
• Build and maintain good relationships with vendors.
• Negotiate contracts, terms, and pricing with suppliers.

3. Purchasing Operations

• Issue purchase orders (POs) and ensure timely delivery of goods/services.
• Ensure compliance with internal procurement policies and procedures.
• Track and monitor orders to avoid delays or disruptions.

4. Cost Control

• Continuously evaluate market trends to identify cost-saving opportunities.
• Analyze pricing proposals and bids to ensure value for money.
• Control procurement expenses within budget limits.

5. Quality Assurance

• Ensure purchased goods meet the required specifications and standards.
• Work with the quality control team to address non-compliance or defects.
• Maintain documentation and supplier performance records.

6. Inventory Coordination

• Coordinate with inventory and warehouse teams to manage stock levels.
• Avoid overstocking or stockouts by maintaining a balanced supply chain.
• Use inventory software/tools for real-time tracking.

7. Compliance & Documentation

• Ensure procurement activities comply with legal, regulatory, and ethical standards.
• Maintain accurate records of purchases, contracts, and supplier evaluations.
• Assist in audits and ensure proper documentation for transparency.

8. Team Management & Collaboration

• Supervise and guide junior procurement staff (if applicable).
• Collaborate with departments like finance, production, logistics, and legal.
• Train staff in procurement processes and systems.

9. Risk Management

• Identify and mitigate procurement risks (e.g., supply disruptions, price volatility).
• Develop backup supplier strategies.
• Ensure business continuity through proactive planning.

10. Use of Technology

• Utilize ERP (Enterprise Resource Planning) or procurement software for efficiency.
• Automate purchasing workflows where possible.
• Analyze procurement data for performance insights and improvements

Job Type: Full-time

Pay: ₹25,000.00 - ₹35,000.00 per month

Experience:

• 5year: 1 year (Preferred)

Willingness to travel:

• 75% (Preferred)

Work Location: In person