Purchasing Manager
2 weeks ago
Purchase Manager/ Purchase Head-Mumbai Head Office
Why you should work with us:
You will get to work with highly qualified and dynamic team members passionate about changing Indias import and Export business. We consider, each employee a Damati Leader, and stand for the happiness and success of everyone. Regular team meetups and development conversations.
Job Deliverables Head - Purchase/ Procurement
1. Sourcing and Supplier Management:
Identify potential suppliers and conduct vendor evaluations:
• Research and shortlist suppliers that meet the company's requirements for quality, cost, and reliability.
• Perform thorough evaluations of suppliers based on their capability, performance history, and compliance with standards.
Negotiate terms and conditions with suppliers to secure advantageous agreements:
• Engage in negotiations to ensure favorable pricing, delivery schedules, and terms.
• Develop contracts that clearly outline the terms and conditions of the supplier relationship.
Establish and maintain strong relationships with suppliers to ensure on-time delivery and quality products:
• Build and nurture long-term partnerships with key suppliers.
• Regularly communicate with suppliers to monitor performance and address any issues.
2. Material Procurement:
Review and analyze purchase requisitions:
• Examine requisitions to understand the technical specifications and requirements.
• Clarify any ambiguities with the requesting departments.
Source materials, components, and equipment as per technical specifications:
• Identify suitable suppliers for the required materials.
• Ensure that all procured materials comply with the specified technical standards.
Ensure the availability of materials to meet production schedules and project deadlines:
• Coordinate with suppliers to confirm delivery dates.
• Track orders to ensure timely delivery.
3. Cost Control:
Evaluate supplier quotations and proposals to optimize costs:
• Analyze bids to ensure they meet the company's cost objectives without compromising quality.
• Recommend the most cost-effective solutions.
Monitor market trends and industry developments to identify cost-saving opportunities:
• Stay informed about market fluctuations and new suppliers entering the market.
• Propose cost-saving initiatives based on market insights.
4. Quality Assurance:
Collaborate with quality assurance teams to ensure that purchased materials meet quality standards:
• Work closely with QA teams to establish quality criteria for suppliers.
• Ensure that all purchased materials undergo rigorous quality checks.
Address and resolve any quality issues with suppliers promptly:
• Act swiftly to address any non-conformities in supplied materials.
• Implement corrective actions and follow up with suppliers.
5. Documentation and Compliance:
Maintain accurate records of procurement activities:
• Keep detailed records of all transactions, agreements, and supplier interactions.
• Use procurement software to manage records efficiently.
Ensure compliance with company policies, industry regulations, and legal requirements:
• Stay updated on relevant regulations and standards.
• Ensure all procurement activities align with legal and company requirements.
6. Inventory Management:
Manage inventory levels to minimize carrying costs while ensuring material availability:
• Monitor inventory levels and adjust procurement plans accordingly.
• Implement strategies to reduce excess inventory and obsolescence.
Implement efficient inventory control strategies:
• Use inventory management techniques such as Just-In-Time (JIT) to optimize stock levels.
• Coordinate with production and warehouse teams for inventory planning.
7. Communication:
Communicate effectively with internal departments to understand their procurement needs:
• Regularly liaise with departments to gather their procurement requirements.
• Ensure clear and concise communication to avoid misunderstandings.
Keep stakeholders informed of procurement progress and potential issues:
• Provide regular updates on procurement status.
• Alert relevant parties to any potential disruptions or delays.
An outcome to Drive.
We are seeking a dynamic and motivated Head - Purchase with an engineering qualification to join our procurement team. The ideal candidate will play a crucial role in sourcing and procuring materials and services essential for our operations. They will be responsible for ensuring timely procurement, cost- effectiveness, and maintaining high standards of quality and supplier relationships.
Skills/Experience/Competencies you need to do the job.
- Bachelor's degree in engineering or a related field.- Proven experience as a Purchase Head or in a similar procurement role.- Experience from plastic industry or handled plastic injection molding.- Strong negotiation and supplier management skills.- Excellent analytical and problem-solving abilities.- Proficient in Microsoft Office Suite and procurement software.- Knowledge of industry regulations and quality standards.- Effective communication and interpersonal skills.- Detail-oriented with strong organizational skills.- Ability to work well in a team and independently.- Strong ethics and integrity in business dealings.
Location: Mumbai
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