Purchase Manager

5 days ago

Bengaluru, Karnataka, India SATRAC Full time

Job Purpose:

Developing and executing purchasing strategies, achieve cost effective procurement of resources at defined quality while maintaining positive relationships with suppliers / vendors.

Principal Accountabilities

- Ensuring effective purchasing for the organization:

- Ensure material reaches on-time as per purchase schedule.

- Reviewing daily basis on goods ordered and receipt of goods.

- Negotiation with vendors on receipt of quotation with team members and co-ordination for finalization with costing team.

- Discussing with Costing and Management for major Price revision after finalization with supplier and taking approval as per price approval matrix.

- Approving the SAP POs within the cost budgetary price.

- Vendor / Supplier development:

- Developing and implementing purchasing strategies.

- Assist the team in developing a new vendor with better quality and best price.

- Ensuring that all procured items meet the required quality standards and specifications.

- Propose Improvements on Procurement activity to improve efficiency.

Managing Team :

- Managing daily purchasing activities, supervising staff, and allocating tasks.

- Train team on daily basis to improve efficiency in work.

New product development:

- Interaction b/w all department for quick communication on NPD products.

- Identify the supplier, feasibility study.

Inventory Control and MRP:

- Inventory control as per company norms and depends on market trend.

- Understanding the demand from sales and running MRP in SAP.

Internal communication & documentation:

- Daily conduct the review meetings along with Stores + PPC + Purchase to understand the production schedule.

- Attend the inter department meetings.

- Maintaining the supplier database and purchase records.

- Preparing the monthly MIS Reports as per approval template.

Knowledge & Skills needed to deliver on the accountabilities:

- Communication Skills

- Process Knowledge

- Product knowledge

- Supplier development

- Supplier evaluation

- Team handling

- Problem solving skills.

- Negotiation skills

- SAP knowledge

- Presentation skills

Years of relevant Experience needed: Minimum 5 years of procurement experience in Manufacturing Industry

(ref:iimjobs.com)

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