Purchasing Manager - Hiring, Opportunity, APPLY NOW!

Objectives of this role

• Developing and implementing procurement strategies and policies for cost optimisation and enhancing supply chain efficiency.

• 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.

• Collaborating with internal stakeholders to understand their requirements and align procurement activities with organizational goals.

• Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.

• Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.

• Monitoring inventory levels, analysing demand patterns and implementing inventory management strategies to manage stock levels and avoid shortages or excesses.

Tasks -

• Implement procurement systems and tools to streamline processes and enhance efficiency.

• Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.

• Manage supplier relationships, including regular communication, performance evaluations and issue resolution.

• Collaborate with internal stakeholders to understand their requirements and develop procurement plans accordingly.

• Analyses inventory levels, demand forecasts and consumption patterns to optimize stock levels and reduce carrying costs.

• Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.

• Prepare and present reports on procurement activities, performance metrics and cost savings to higher management.

• Develop and maintain procurement metrics to track performance, identify areas for improvement and report on sourcing effectiveness.

• Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.

Required skills and qualifications -

• Bachelor's degree in supply chain management, business administration or a related field.

• Demonstrable experience in the Indian market and familiarity with local suppliers and sourcing channels.

• Experience in implementing sustainable and socially responsible procurement practices.

• Strong skills in budgeting, cost optimization and negotiation techniques.

• Knowledge of vendor management and inventory management systems.

• An analytical mind with excellent communication and interpersonal skills.

• Ability to work collaboratively with cross-functional teams.

• Willingness to work in a fast-paced and competitive environment.

APPLY NOW