Purchase Manager

Role & responsibilities

• Developing and implementing procurement strategies and policies for cost optimisation and enhancing supply chain efficiency.
• Complete management of raw materials, packing material, capital goods (plant Machinery) and Engineering items.
• Documentation and record keeping such as POs, Quotations, Material Receiving Reports, correspondence and enquiries with follow ups.
• Identifying, evaluating and selecting suppliers based on quality, reliability, cost-effectiveness and adherence to ethical and sustainability standards.
• Negotiating contracts and terms with suppliers to ensure favourable pricing, payment terms and mutually beneficial agreements.
• Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.
• Implement procurement systems and tools to streamline processes and enhance efficiency.
• Manage supplier relationships, including regular communication, performance evaluations and issue resolution.
• Analyse inventory levels, demand forecasts and consumption patterns to optimise stock levels and reduce carrying costs.
• Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.
• Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to sourcing activities.