Purchasing Manager

3 days ago

Delhi, India The Hiring Company Full time
About the Company:

The company is located in NSP, Delhi and operates in the Procurement department. The Purchase Manager reports to the Head of Purchase or Supply Chain Manager. The company is responsible for managing and overseeing procurement activities for the FMCG or Pharma industry.

About the Role:

The Purchase Manager is responsible for sourcing suppliers, negotiating contracts, managing inventory levels, and ensuring timely acquisition of goods and services to meet company needs while optimizing cost and quality.

Responsibilities:

Supplier Management:

- Identify and evaluate potential suppliers.- Develop and maintain strong relationships with existing suppliers.- Negotiate terms and conditions with suppliers to secure favorable contracts and pricing.- Monitor supplier performance and resolve any issues or disputes.

Procurement Strategy:

- Develop and implement procurement strategies aligned with the company’s goals and objectives.- Analyze market trends and industry developments to identify new opportunities for cost savings and process improvements.- Ensure compliance with company policies and industry regulations.

Purchase Orders and Inventory Management:

- Oversee the creation and processing of purchase orders.- Monitor inventory levels and forecast future needs to ensure optimal stock levels.- Coordinate with inventory and warehouse teams to manage stock and avoid overstocking or stockouts.

Cost Management:

- Monitor and control procurement budgets.- Identify opportunities for cost reduction and process efficiency.- Prepare and present cost analysis reports and recommendations.

Quality Assurance:

- Ensure that purchased products meet quality standards and regulatory requirements.- Address and resolve any quality issues with suppliers.- Conduct regular audits and evaluations of supplier performance.

Documentation and Reporting:

- Maintain accurate and up-to-date records of purchase orders, supplier agreements, and other procurement documents.- Prepare regular reports on procurement activities, including cost analysis, supplier performance, and inventory levels.- Provide insights and recommendations to senior management based on procurement data.

Team Management:

- Supervise and mentor procurement staff.- Provide training and support to team members to enhance their skills and performance.- Foster a collaborative and productive work environment.

Qualifications:

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. A Master’s degree or professional certification (e.g., CPSM, CPP) is a plus.

• 5-7 years of experience in procurement or purchasing, preferably within the FMCG or Pharma industry.

• Strong knowledge of procurement processes, supplier management, and inventory control. • Excellent negotiation, communication, and interpersonal skills.

• Ability to analyze market trends, data, and supplier performance.

• Experience using procurement software SAP,ERP, etc.

• Proficiency in procurement software and Microsoft Office Suite.

• Strong organizational and problem-solving skills with attention to detail.

Working Conditions:

Office environment with occasional travel to supplier sites or other company locations. May require extended hours during peak periods or special projects.

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