Purchase Manager

About the Purchase Manager Role

Required Skills : Mechanical & Engineering (Genset-Company)

Experience Required: 10+ years

Salary Range: Up to ₹10 Lakhs per annum

JD

1. Strategic Procurement Planning:

   • Develop and implement procurement strategies to source materials and equipment effectively and cost-efficiently.
   • Conduct market research to identify new suppliers, materials, and equipment relevant to the mechanical and engineering sector.

2. Supplier Management and Negotiation:

   • Establish and maintain relationships with suppliers and vendors, ensuring consistent quality and reliability.
   • Negotiate terms, pricing, and contracts to secure the best deals, while ensuring compliance with company policies and standards.

3. Inventory and Cost Control:

   • Monitor inventory levels and coordinate with production and inventory teams to prevent stock shortages or overstock situations.
   • Analyze purchasing patterns and costs to identify areas for cost savings and optimize the purchasing budget.

4. Quality Assurance:

   • Ensure that all purchased materials and equipment meet the company’s quality standards.
   • Work closely with the quality assurance team to address any issues with defective or substandard materials.

5. Risk Management:

   • Evaluate and mitigate risks related to supply chain disruptions and supplier reliability.
   • Develop contingency plans to ensure continuity of supply.

6. Documentation and Reporting:

   • Maintain accurate records of all purchases, pricing, supplier contracts, and inventory.
   • Generate regular reports on purchasing performance, supplier quality, and budget adherence.

Qualifications and Skills:

• Education: Bachelor’s degree in Mechanical Engineering, Engineering, or a related field.
• Experience: Minimum of 10 years in purchasing or procurement, ideally within the mechanical or engineering industry.
• Skills:
  • Strong negotiation and supplier management skills.
  • In-depth understanding of procurement processes and cost management.
  • Proficiency in procurement and ERP software (e.g., SAP, Oracle).
  • Excellent organizational and problem-solving skills.
  • Familiarity with quality standards relevant to mechanical and engineering products.