Purchase Manager

A Purchase Manager oversees the procurement of necessary goods and services, developing strategies to optimize costs and quality, evaluating potential suppliers, negotiating contracts, and managing supplier relationships to ensure a smooth and efficient supply chain for the company.

Responsibilities

• Strategic Planning: Develop and implement procurement strategies to meet company goals, reduce waste, and control costs.
• Supplier Management: Identify, evaluate, and select vendors, negotiate favorable contract terms, and manage ongoing relationships to ensure quality and reliability.
• Inventory Management: Monitor and forecast demand, maintain optimal stock levels, and devise strategies to manage and dispose of outdated inventory profitably.
• Team Leadership: Lead and manage teams of buyers and purchasing agents, setting goals, providing training, and ensuring efficient collaboration.
• Data Analysis: Analyze procurement data, market trends, and company financial reports to identify cost-saving opportunities and make informed decisions.
• Risk Mitigation: Assess and mitigate supply chain risks and ensure compliance with company policies and industry regulations.
• Record Keeping: Maintain accurate records of all procurement activities, including purchase orders, contracts, and inventory levels.
• Cross-Departmental Collaboration: Work closely with other departments to forecast needs and coordinate purchasing efforts.

Skills and Qualifications

• Negotiation Skills: Ability to negotiate contracts and prices effectively to secure the best terms for the company.
• Analytical Skills: Strong ability to gather, analyze, and interpret data to make informed decisions.
• Leadership and Management: Proven ability to lead and motivate teams.
• Communication Skills: Excellent written and verbal communication for interacting with suppliers and internal teams.
• Financial Acumen: Ability to work within budgets and understand financial reports.
• Market Knowledge: Deep understanding of market dynamics and industry trends.
• Technical Proficiency: Familiarity with purchasing software and proficiency in Microsoft Office.
• Business Degree: A Bachelor's degree in business administration, supply chain management, or a related field is often required.

Job Type: Full-time

Pay: ₹35,000.00 - ₹40,000.00 per month

Benefits:

• Provident Fund

Work Location: In person