Purchase Manager

Job Description

Job Title: Purchase Manager

Location: Mumbai

Job Summary:

We are seeking a dynamic and experienced Purchase Manager to lead our procurement operations. The ideal candidate will be responsible for developing and executing effective procurement strategies, managing supplier relationships, optimizing purchasing processes, and ensuring timely and cost-effective acquisition of materials and services. This role plays a pivotal part in ensuring smooth operations, cost control, and maintaining optimal inventory levels.

Key Responsibilities:

1. Strategic Planning Procurement

• Develop and optimize procurement strategies to ensure cost efficiency and timely delivery.
• Conduct market research and supplier analysis to identify new sourcing opportunities.
• Negotiate pricing, contracts, and terms to secure the best possible deals.

2. Supplier Management

• Evaluate and select suppliers based on quality, pricing, reliability, and service.
• Negotiate and manage supplier contracts and agreements.
• Foster long-term relationships with key suppliers for consistent and reliable supply.

3. Inventory Cost Management

• Monitor and manage inventory levels to avoid stockouts and overstocking.
• Forecast demand in collaboration with other departments and ensure adequate stock levels.
• Identify cost-saving opportunities and implement effective inventory disposal strategies.

4. Team Leadership Internal Collaboration

• Lead, mentor, and manage the purchasing team to achieve department goals.
• Work cross-functionally with departments such as production, finance, and logistics to align procurement with business needs.
• Drive efficiency, accountability, and continuous improvement within the team.

5. Compliance Reporting

• Ensure all procurement activities comply with company policies and legal requirements.
• Maintain accurate records and generate reports on purchases, expenditures, and inventory levels for management review.

Key Skills Qualifications:

• Bachelor s degree in Supply Chain Management, Business Administration, or a related field (MBA preferred).
• Proven experience in procurement or purchasing management, ideally in a similar industry.
• Strong negotiation, communication, and analytical skills.
• Proficient in procurement software and MS Office tools.
• Strong leadership and team management capabilities.
• Ability to handle high-pressure situations and meet deadlines.

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