Purchase Manager

Role & responsibilities

• Manage the complete Purchase & Procurement function from requirement generation to material delivery.
• Develop and implement effective procurement strategies to achieve cost, quality and delivery objectives.
• Identify, evaluate and develop reliable vendors and suppliers for various raw materials, components and services.
• Source materials based on production, project and operational requirements.
• Obtain and analyze quotations, negotiate price, payment terms, delivery schedules and commercial conditions.
• Prepare and release Purchase Orders (POs) and ensure compliance with approved commercial terms.
• Monitor supplier performance with respect to quality, cost and delivery (QCD).
• Ensure timely procurement of materials to avoid production/project delays.
• Develop alternate sources and maintain a strong vendor database to minimize supply risks.
• Conduct regular market research for price trends, new suppliers and alternative materials.
• Coordinate closely with Production, Projects, Stores, Quality, Engineering, Finance and Sales/Project teams.
• Track pending POs and ensure timely follow-up with suppliers.
• Resolve issues related to material shortages, quality, delivery delays and commercial discrepancies.
• Manage procurement for both project-specific and regular manufacturing requirements.
• Maintain proper documentation, purchase records, comparative statements and vendor-related data.
• Support inventory and working capital optimization by ensuring appropriate procurement planning.
• Lead vendor negotiations and drive cost reduction and savings initiatives.
• Participate in vendor audits, evaluations and performance reviews.
• Ensure procurement activities comply with company policies and approval processes.
• Handle a team of purchase executives/buyers and monitor their performance.

Required Skills & Competencies

• Strong knowledge of Purchase & Procurement Management.
• Excellent vendor negotiation and supplier management skills.
• Strong knowledge of raw materials, engineering items, components and manufacturing-related procurement.
• Experience in project-based procurement will be preferred.
• Good understanding of costing, quotation comparison and commercial negotiations.
• Strong analytical and decision-making skills.
• Good knowledge of SAP/Purchase Management systems.
• Proficiency in MS Excel and MS Office.
• Strong communication and interpersonal skills.
• Ability to manage multiple priorities and work under tight deadlines.
• Strong team management and coordination skills.

Preferred Industry Experience

Candidates from the following industries will be preferred:

• Manufacturing
• Engineering / Industrial Manufacturing
• Control Room / Control Desk / Console Manufacturing
• Interior Fit-Out / Workspace Solutions
• Furniture / Modular Furniture
• Electrical / Electronics
• Infrastructure / EPC / Project Procurement
• Sheet Metal / Fabrication / Engineering Products

Qualification

Bachelors Degree in Engineering, Supply Chain, Procurement, Commerce or a related field.
MBA / PG Diploma in Supply Chain Management or Procurement will be an added advantage.