Purchasing Manager

Job Summary:

The Purchasing Manager is responsible for overseeing the procurement of goods and services for the organization. This role ensures cost-effectiveness, quality standards, and timely delivery while maintaining strong supplier relationships and compliance with company policies.

Key Responsibilities:

• Develop and implement purchasing strategies aligned with company objectives
• Manage the procurement process, including sourcing, negotiation, and contract management
• Identify and evaluate suppliers based on quality, price, reliability, and service
• Negotiate pricing, terms, and agreements to achieve cost savings
• Monitor inventory levels and coordinate with warehouse and operations teams
• Ensure timely delivery of materials and resolve any supply issues
• Maintain accurate records of purchases, contracts, and supplier performance
• Ensure compliance with company policies and regulatory requirements
• Analyze market trends and identify opportunities for cost reduction
• Lead and develop the procurement team

Qualifications:

• Bachelor’s degree in Business Administration, Supply Chain, or related field
• Minimum 5–10 years of experience in procurement or purchasing
• Proven experience in supplier negotiation and contract management
• Strong analytical and financial skills
• Excellent communication and leadership abilities
• Proficiency in ERP systems (e.g., SAP, Oracle) and Microsoft Office

Key Skills:

• Negotiation and vendor management
• Strategic thinking
• Cost control and budgeting
• Decision-making and problem-solving
• Time management and organization
• Leadership and team management

KPIs (Key Performance Indicators):

• Cost savings achieved (%)
• Supplier performance and reliability
• On-time delivery rate
• Inventory turnover ratio
• Procurement cycle time