Purchase Manager

The role of a Purchase Manager involves various responsibilities related to procurement and supply chain management. The desired candidate should possess specific skills and qualifications. Here is an overview of the roles and responsibilities, desired candidate skills, educational qualifications, experience, and work location for a Purchase Manager position:

Roles & Responsibilities:

• Development and implementation of Procurement strategy: Create and execute a procurement strategy for all business lines within the company.
• Sourcing and vendor management: Identify cost-effective vendors/suppliers for procurement, aiming to reduce costs while improving quality and reliability.
• Supply chain practices: Review and update supply chain practices in accordance with new or changing environmental policies, standards, regulations, or laws.
• Co-ordination with cross-functional teams: Collaborate with R&D, engineering, marketing, production, and stores to ensure smooth procurement processes.
• Forecast monitoring: Monitor forecasts and quotas to identify changes and assess their impact on supply chain activities.
• Supplier network management: Maintain and expand the supplier network to ensure a diverse and reliable base of vendors.
• New part and vendor development: Develop new parts and new vendors based on the organizations requirements.
• Vendor assessment: Evaluate vendor manufacturing capabilities through on-site visits and measurements.
• Supplier performance evaluation: Monitor supplier performance to assess their ability to meet quality and delivery requirements.
• Claims management: Handle and monitor claims to vendors for defectives, shortages, and missing materials.

Requirements

Desired Candidate Skills:

• Drawing Reading: Ability to read and interpret technical drawings.
• Component Manufacturing Experience: Previous experience in manufacturing components or familiarity with component manufacturing processes.
• Costing: Understanding of cost analysis and pricing strategies.
• Vendor Development: Experience in identifying and developing new vendors.
• Techno-Commercial Skills: Strong knowledge of both technical and commercial aspects of procurement.
• Excellent verbal and written communication: Effective communication skills to interact with internal teams and external suppliers.
• Hands-on Excel, ERP, and other computer applications: Proficiency in using software tools such as Microsoft Excel and Enterprise Resource Planning (ERP) systems.

Educational Qualification:

B.Tech/B.E (Mechanical)

Experience:

10-12 years of relevant experience in procurement and supply chain management.

Work Location:

Hyderabad