Purchase Manager

Key Responsibilities:

• Oversee the end-to-end procurement process for raw materials, parts, equipment, and services needed for production.

• Develop and implement purchasing strategies that align with production schedules and manufacturing requirements.

• Negotiate contracts, pricing, and terms with suppliers to ensure the best value for the company while maintaining product quality and timely delivery.

• Identify and qualify new suppliers/vendors based on quality, cost, and reliability to ensure the availability of materials.

• Monitor and maintain optimal inventory levels of raw materials, ensuring a balance between supply and demand to avoid production delays.

• Track and manage the supplier performance, resolving any issues related to quality, delivery, and cost as needed.

• Work closely with production and logistics teams to forecast material needs and adjust purchasing plans accordingly.

• Analyse market trends and industry conditions to make informed decisions on purchasing strategies and cost-saving opportunities.

• Ensure compliance with company policies, legal regulations, and industry standards, including environmental, safety, and quality requirements.

• Maintain accurate records of purchase orders, vendor contracts, and procurement reports.

• Manage and mentor the purchasing team, providing training, guidance, and support to ensure high performance and professional development.

• Collaborate with the finance department to monitor and manage purchasing budgets and cost controls.

• Conduct periodic supplier audits to evaluate quality standards and production capabilities.

Job Type: Full-time

Pay: ₹600,000.00 - ₹1,000,000.00 per year

Benefits:

• Provident Fund

Work Location: In person