Purchase Manager

Key Responsibilities

• Develop and implement strategic procurement plans aligned with overall business objectives, production requirements, and growth plans.
• Forecast procurement requirements in coordination with Production, Sales, R&D, Quality, and Finance teams to ensure uninterrupted material availability.
• Identify, evaluate, qualify, and onboard reliable suppliers for specialty chemicals, raw materials, packaging materials, and indirect purchases.
• Develop and maintain strong domestic and international vendor relationships to ensure competitive pricing, quality, timely delivery, and continuity of supply.
• Lead negotiations for pricing, contracts, payment terms, credit facilities, annual agreements, and long-term supply arrangements.
• Drive procurement cost optimization through strategic sourcing, bulk purchasing, alternate supplier development, and effective vendor negotiations.
• Monitor market trends, commodity prices, supplier capacity, lead times, and potential supply-chain risks to support informed purchasing decisions.
• Oversee the complete purchase cycle, including purchase requisitions, RFQs, quotation analysis, purchase orders, order tracking, and supplier payment coordination.
• Ensure timely availability of materials while maintaining appropriate inventory levels and minimizing excess or obsolete stock.
• Coordinate closely with Production, R&D, Quality, Sales, Stores, and Finance for material planning, approvals, quality requirements, and timely procurement.
• Establish and monitor procurement KPIs covering cost savings, supplier performance, quality, delivery, lead time, and payment terms.
• Lead, develop, and mentor the procurement team while establishing standardized processes, controls, and best practices.
• Ensure compliance with company procurement policies, approved vendor procedures, documentation requirements, and commercial controls.

Preferred candidate profile

• Experience in ethoxylation / speciality chemical
• Exposure to pharma and food industry