Purchasing Manager

1 month ago


bangalore, India Exotic Innovations Private Limited Full time

The ideal candidate will be responsible for identifying and fostering a relationship with our suppliers and vendors. You will also oversee the implementation of the supply and production strategies.

Responsibilities

Manage Vendor empanelment and vendor management in multiple regions

  • Evaluating commercial bids of the vendors and preparing comparative statements recommending purchasing strategy.
  • Ensuring smooth supply of Long Lead & other materials and providing efficient procurement as per specified quality and at competitive cost.
  • Continuous expediting of the delivery schedules with vendors and ensuring timely procurement and replenishment of stocks without hampering the progress of the projects
  • Ensure proper Terms and Conditions for Purchase to improve performance
  • Motivation and Training of Team for negotiating purchases in most efficient manner
  • Ensure all Purchase Orders (PO) are correct and as per the requirement
  • Check and approve all POs for quantities and price, if it is 1 lakh and above
  • Ensure systems for Rate List and Vendor Management are followed
  • Coordinate with the projects team continuously to check on materials required and to provide inputs on material delivery timelines
  • Ensure that materials reach the site on time to enable project execution
  • Certify invoices (vendor bills) given by accounts within 1 day
  • Manage all vendor advance payments by sending invoices to accounts and ensuring it is paid out to the vendors
  • Clear Invoices and send to accounts within 1 working day
  • Compile and Track SEZ and Import documentation
  • Authorize Advances and Cash Payments
  • Coordinate with vendors if warranty certificate is not submitted to the handing over team
  • Ensure best practices in the department as per quality process


Qualifications

  • Minimum 7-10 Years of experience in procurement of real estate or interiors/construction services and supplies.
  • Experience in working with and managing e-procurement (through ERPs) and contracts management platforms.
  • Requires advanced knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts advanced financial analysis.
  • Ability to comprehend, analyze, and interpret complex documents.
  • Ability to solve problems involving several options in situations.


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