Purchase manager

3 weeks ago

Bengaluru, India Magnitude Global Industries private limited Full time

Job Summary

The Purchase Manager will be responsible for sourcing, negotiating, and procuring raw materials, hardware, upholstery, machinery, and other supplies required for furniture production. The role ensures cost-effective purchasing, maintains quality standards, and builds strong relationships with suppliers to support uninterrupted production operations.

Key Responsibilities

  • Develop and implement purchasing strategies aligned with company objectives.
  • Identify, evaluate, and negotiate with vendors for raw materials such as wood, laminates, veneers, plywood, MDF, hardware, adhesives, fabrics, foams, and finishing materials.
  • Ensure timely procurement of materials to avoid production delays.
  • Maintain accurate purchase records, contracts, and supplier agreements.
  • Monitor inventory levels and collaborate with the production and warehouse teams to maintain optimal stock levels.
  • Ensure compliance with quality standards, pricing agreements, and delivery schedules.
  • Develop and maintain long-term supplier relationships to ensure reliability and cost savings.
  • Conduct regular market analysis to track trends in prices, new materials, and suppliers.
  • Coordinate with design, production, and finance departments to align purchasing decisions.
  • Implement cost control measures and identify opportunities for savings without compromising quality.
  • Ensure compliance with company policies, legal requirements, and industry standards.

Skills & Competencies

  • Strong knowledge of furniture raw materials, hardware, and accessories.
  • Excellent negotiation and vendor management skills.
  • Strong analytical and problem-solving abilities.
  • Knowledge of ERP or procurement management systems.
  • Good communication and interpersonal skills.
  • Ability to work under pressure and meet deadlines.

Qualification & Experience

  • Bachelor's degree in Supply Chain Management, Business Administration, or related field (preferred).
  • 5+ years of experience in procurement/purchasing, preferably in the furniture or manufacturing industry.
  • Proven track record of vendor development and cost optimization.
  • Good in Odoo inventory management.

Benefits:

ESIC, EPFO, Gratuity, Bonus etc.,

Notice period: within 10days.

Job Type: Full-time

Pay: ₹25, ₹60,000.00 per month

Benefits:

  • Health insurance

Work Location: In person

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