Purchase Manager

Urgent requirement with minimum or no notice period

Job Title: Purchase Manager
Department: Supply Chain / Procurement
Location: Bangalore
Reporting To: CEO

Key Responsibilities:

1. Procurement & Sourcing

• Develop and implement procurement strategies for electronic and electromechanical components.
• Identify potential suppliers, evaluate proposals, and finalize vendor selection.
• Maintain updated knowledge of market trends, new technologies, and cost fluctuations.
• Sourcing experience in sheet metal components, pneumatics, PCB assemblies, power supplies, air compressor components, packaging materials, FRP and Composite Materials is added advantage.

2. Vendor Management

• Build and maintain strong relationships with domestic and international suppliers.
• Conduct supplier audits and evaluations (quality, delivery, pricing, reliability).
• Negotiate best pricing, payment terms, delivery schedules, and long-term agreements.
• Ensure suppliers meet quality and compliance standards.

3. Purchase Operations

• Raise and issue purchase orders ensuring accuracy in specifications, quantities, and timelines.
• Track order status, follow up on deliveries, and manage any delays or shortages proactively.
• Coordinate with stores, production, engineering, and QA for material planning and inventory requirements.
• Maintain optimum stock levels while avoiding overstocking.

4. Cost Control & Optimization

• Monitor price trends and develop strategies to achieve cost savings.
• Support in annual budgeting and cost forecasting for materials.
• Identify opportunities to localize imports or develop new alternate vendors.

5. Quality & Compliance

• Ensure all procured items meet technical specifications and quality standards.
• Coordinate with QC/Engineering teams for incoming material inspection and technical clarifications.
• Ensure compliance with statutory requirements, certifications, and company policies.

6. Documentation & Reporting

• Maintain accurate records of purchase orders, vendor contracts, price lists, and delivery schedules.
• Generate periodic reports on purchase performance, cost savings, vendor performance, and lead times.
• Support internal and external audits related to procurement.

Qualifications & Experience:

• Bachelor's degree in engineering / supply chain / business management.
• 8 to 10 years of experience in procurement of electronic or electromechanical components.
• Strong understanding of electronic components, bill of materials, and engineering drawings.
• Experience with ERP systems (SAP / Oracle / Tally / Any ERP).
• Knowledge of import procedures (preferred).

Skills Required:

• Strong negotiation and vendor management skills.
• Excellent understanding of supply chain processes.
• Analytical and cost-optimization mindset.
• Good communication and interpersonal skills.
• Ability to work under tight timelines and manage multiple priorities.
• Problem-solving and decision-making abilities.