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Purchase Manager

5 - 10 years

4 - 9 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Description: Purchase Manager

Job Summary:

The Purchase Manager is responsible for managing and optimizing the procurement of materials,

equipment, and services required for manufacturing operations. This role ensures cost-effective

purchasing strategies, maintains supplier relationships, and ensures uninterrupted supply to support

production schedules while adhering to quality and compliance standards.

Key Responsibilities:

1. Procurement & Sourcing:

  • Develop and implement effective procurement strategies for required materials, machinery, and

consumables.

  • Identify, evaluate, and negotiate with suppliers to secure the best pricing and quality.
  • Ensure timely procurement of materials to avoid production delays.
  • Establish and maintain long-term supplier relationships.

2. Vendor Management:

  • Conduct vendor evaluations and audits to ensure quality, reliability, and compliance.
  • Develop a strong vendor base to reduce risks and improve cost efficiency.
  • Monitor supplier performance based on price, quality, and delivery timelines.
  • Resolve vendor disputes and ensure smooth communication between vendors and internal teams.

3. Cost Management & Budgeting:

  • Optimize procurement costs through cost analysis and negotiation.
  • Develop and manage the purchasing budget to control expenses.
  • Implement cost-saving initiatives without compromising quality and efficiency.

4. Inventory & Supply Chain Management:

  • Work closely with the production and internal teams to maintain optimum inventory levels.
  • Implement just-in-time (JIT) procurement strategies where feasible.

5. Compliance & Documentation:

  • Ensure all purchases comply with company policies and regulatory requirements.
  • Maintain accurate procurement records, purchase orders, and contracts/agreements.

6. Process Improvement & Reporting:

  • Develop and implement best practices to improve procurement efficiency.
  • Generate reports on procurement activities, cost savings, and supplier performance for senior

management.

Qualifications & Skills:

Education & Experience:

  • Education: Bachelors degree in Supply Chain Management, Business Administration, or related

field from a reputed institute. Masters degree preferred.

  • Minimum of 10-15 years of experience in procurement, preferably in a manufacturing or

industrial sector.

  • Experience with tally prime is an advantage.

Key Skills:

  • Strong negotiation and vendor management skills.
  • Excellent analytical and problem-solving abilities.
  • Knowledge of procurement policies, and vendor management.
  • Strong leadership and communication skills.
  • Ability to work under pressure and meet deadlines.
  • Proficiency in MS Office.

*FEMALE CANDIDATES ARE PREFERRED FOR BOTH THE UNITS.

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