Purchase Manager

Job Description

Job Title: Purchase Manager

Designation: Assistant Manager/Deputy Manager/Manager

Job Description:

• Planning and implementing of the purchasing strategies
• Designing policies and SOPs on vendor selection, maintenance of assets & properties, and obtaining utility services.
• Sourcing and evaluating reliable vendors for supplies, services, and transport.
• Coordinating with the suppliers, manufacturers, and building and maintaining good relations with the suppliers
• Developing and maintaining of a database of vendors and manufacturers.
• Manage global sourcing complexities, including customs documentation, currency fluctuations, and international shipping regulations.
• Obtaining quotations, involving in evaluation of capabilities, negotiating the prices, and finalise the vendor.
• Execute and oversee the issuance of Purchase Orders for both domestic vendors and international suppliers.
• Tracking, analysing, and measuring the expenditures of the company
• Managing team by training and motivating for best outputs.
• Facilitating the management in taking the right decision in obtaining services from outside vendors, purchasing equipment, and other utility materials.
• To closely work with legal team for drafting and finalising contracts.
• Cross functional coordination - close coordination with user departments for understanding their requirements and providing the support accordingly.
• Monitor lead times and delivery schedules to ensure zero downtime for internal departments.
• Streamline and aggregate procurement requests (indents) from various departments to ensure bulk-buying advantages and inventory optimization.
• Manage global sourcing complexities, including customs documentation, currency fluctuations, and international shipping regulations.
• To work remaining within the Companys rules & regulations, adhering to statutory obligations, and with high level of ethics.

Requirements:-

• Having qualification preferably in Supply Chain Management or Material Management.
• Proficiency in ERP systems (SAP, Oracle, or Tally), MS Excel (Advanced), and Supply Chain Management (SCM) software.
• Deep understanding of Incoterms, Import/Export documentation, and Custom Clearance processes.
• Strong analytical skills for cost-benefit analysis, budget forecasting, and price negotiation.
• High-level negotiation, cross-departmental communication, and a "sense of urgency" in problem-solving.
• 10 - 12 years in procurement, with at least 2 years handling international sourcing.

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Education