Sr. Purchase Manager
6 days ago
Vendor Development:
- Identify, qualify, and establish relationships with vendors across India for a wide array of materials, such as brass, steel, iron, wood, leather, marble, and LED.
- Build and maintain a reliable vendor network for essential production processes, including casting, forging, CNC engraving, die & tool development, chemical etching, machining, grinding, buffing, electroplating, lacquering, assembly, laser branding, and third-party inspection.
Product Design & Value-Added Sourcing:
- Collaborate closely with production and design teams to develop and source electronic components and custom hardware in brass, steel, and zinc tailored to company standards.
- Lead new design development and value-added sourcing to meet innovative design requirements.
Supply Chain & Inventory Management:
- Oversee the full lifecycle of purchase orders, from initial request to order fulfilment, ensuring timely, quality delivery.
- Track, measure, and manage inventory levels, coordinating with vendors to mitigate supply disruptions.
Negotiation & Price Management:
- Leverage industry knowledge and strong negotiation skills to secure competitive pricing and favourable terms with vendors.
- Maintain a commercial mindset to balance cost-saving initiatives with quality and relationship-building.
Vendor Relations & Compliance:
- Conduct regular vendor audits, manage quality control for procured materials, and ensure timely follow-up on payments in co-ordination with the accounts department.
- Ensure all sourcing activities comply with company standards, as well as legal and regulatory requirements.
Strategic Planning & Execution:
- Develop and implement sourcing and purchasing strategies that align with the brand standards and operational goals.
- Maintain a comprehensive database of approved suppliers to streamline procurement processes.
System & Process
- Oversee the ongoing procurement FMS and streamline purchasing processes, track orders, and manage vendor information.
- Continuously analyze procurement FMS to identify areas for improvement, streamline workflows, and implement cost-saving initiatives without compromising quality.
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