Purchase Manager

Role & responsibilities

Responsible for coordinating and following up with vendors and tracking the materials to ensure uninterrupted availability of raw material/ components for production in close coordination with production planning

Understand the procurement plan and ensure adherence to purchase budgets and minimize operating costs and overheads

Negotiate effectively with the vendors on costs, undertake discussions with the Plant Head on the negotiated price and obtain approval on quotations from the Corporate Purchase Head

Maintain Inventory plan and ensure scheduling of material as per the requirement to reduce inventory carrying cost

Develop and maintain strong relationships with suppliers and vendors and rate them based on performance and quality

Visit vendors as per the defined Guidelines and audit their lines for rating up gradation.

Provide technical support to the vendors for improvement

¢ Coordinate and communicate delivery schedules to suppliers based on criticality of requirements and required lead time

¢ Ensure timely supply of materials and spares to the user departments in coordination with PPC, Dispatch and Stores

¢ Review reasons for purchase of capital goods and obtain approval from the Corporate purchase head

¢ Ensure that contracts, bids and service agreements for purchase of materials and spares are processed as per the user department requirements

¢ Finalize purchase requisitions based on finalized rates and ensure timely issue of order along with required permits for timely receipt of material

¢ Ensure adherence to costs & delivery timelines by vendors and escalates any defaults to the Corporate Purchase Head

¢ Coordinate with Finance department to ensure timely release of advance to vendors and complete payments within prescribed cycle time

¢ Evaluate price comparison sheet for different vendors and undertake review of the same with user department and Plant Head

¢ Ensure adherence to established Standard Operating Procedures (SOPs)

¢ Ensure timely completion of all stages of Performance Appraisal Process

¢ Nominate subordinates actively for the people development initiatives like trainings, workshops across the organization etc.

Preferred candidate profile

Desired Experience in Purchase activities and handling a team.

Strong analytical skills

Commercial knowledge

Awareness of Inventory Management and Statistics

Negotiation Skills

Knowledge about the product & process

Perks and benefits

As per the Industry standards