Purchase Manager

• Supplier Sourcing & Management : Identify, evaluate, and manage suppliers to ensure the best prices, quality, and delivery times. Build strong relationships with key suppliers.
• Procurement Planning : Monitor inventory levels and coordinate with various departments to forecast material and product needs. Place orders based on project or production requirements.
• Price Negotiation : Negotiate pricing, terms, and conditions with suppliers to ensure cost-effectiveness and favorable terms for the organization.
• Order Management : Process purchase orders, ensuring all necessary details are captured, and track orders to ensure timely delivery.
• Inventory Management : Monitor and maintain optimal inventory levels to avoid stockouts or overstocking. Work closely with the warehouse and inventory teams.
• Quality Control : Ensure purchased materials/products meet the company s quality standards and specifications.
• Vendor Performance Monitoring : Track supplier performance on quality, cost, and delivery timelines. Resolve any supply chain or quality issues as they arise.
• Documentation & Reporting : Maintain accurate records of purchases, contracts, and supplier communications. Provide regular reports to management regarding purchasing activities and savings.
• Compliance : Ensure adherence to internal policies, legal regulations, and industry standards regarding procurement practices.
• Cost Management : Identify opportunities for cost reduction without compromising quality. Stay updated on market trends and material costs.

Skills and Qualifications :

• Educational Requirements : Bachelors degree in Business, Supply Chain Management, or related field. Certification in purchasing or procurement (e.g., CIPS) is a plus.
• Experience : At least 7-8 years of experience in procurement or purchasing, ideally in a relevant industry.