Purchase Managers

Mega Medicals Pvt. Ltd. is looking for Purchase Managers to join our dynamic team and embark on a rewarding career journey

you will play a vital role in the procurement and supply chain management of an organization

This position involves sourcing suppliers, negotiating contracts, managing vendor relationships, and ensuring efficient procurement processes to meet the organization's needs

Key Responsibilities:Vendor Sourcing:Identify and evaluate potential suppliers based on product quality, pricing, and reliability

Develop and maintain a network of trusted and reliable vendors

Negotiation:Negotiate favorable terms and conditions with suppliers to secure advantageous agreements

Optimize pricing, payment terms, and delivery schedules

Supplier Relationship Management:Cultivate and maintain strong relationships with existing and potential suppliers

Address issues, resolve conflicts, and collaborate on continuous improvement

Purchase Planning:Collaborate with various departments to understand their procurement needs

Develop and implement purchase plans and strategies aligned with organizational goals

Cost Analysis:Conduct cost analysis and price benchmarking to ensure cost-effectiveness

Identify opportunities for cost savings and process improvements

Contract Management:Draft, review, and manage contracts with suppliers

Ensure compliance with contractual terms and conditions

Quality Assurance:Collaborate with quality assurance teams to ensure products meet specified standards

Implement quality control measures in the procurement process

Inventory Management:Work closely with inventory and warehouse teams to manage stock levels

Implement inventory control measures to avoid overstock or stockouts

Risk Management:Identify potential risks in the supply chain and develop mitigation strategies

Implement contingency plans to address supply chain disruptions

Compliance:Ensure procurement activities comply with relevant regulations and industry standards

Stay informed about changes in regulations and update procurement processes accordingly

Budget Management:Develop and manage the procurement budget

Monitor expenses, track variances, and report on budget performance

Technology Utilization:Utilize procurement software and tools to streamline processes and enhance efficiency

Stay updated on advancements in procurement technology

Qualifications and Skills:Bachelor's degree in Business, Supply Chain Management, or a related field

Proven experience in procurement or supply chain management, with a focus on strategic sourcing

Strong negotiation and communication skills

Analytical mindset with the ability to conduct cost analysis

Knowledge of procurement regulations, contract law, and industry best practices

Familiarity with procurement software and tools

Excellent organizational and multitasking abilities

Leadership and decision-making skills