
Strategic Purchaser
2 weeks ago
**Procurement Manager Role Summary**
A Procurement Manager plays a vital role in ensuring the smooth supply chain operations of an organization. They are responsible for identifying reliable vendors, negotiating cost-effective purchases, and ensuring timely availability of raw materials, consumables, and services required for manufacturing operations.
Key Responsibilities:- Identify, evaluate, and select suppliers/vendors for raw materials, machinery spares, consumables, and services.
- Obtain quotations, compare price, quality, and delivery terms, and finalize purchase orders.
- Develop alternate sourcing strategies to ensure uninterrupted supply.
- Build and maintain strong relationships with suppliers.
- Conduct vendor performance evaluation based on quality, cost, and delivery timelines.
- Negotiate contracts, terms, and payment conditions.
- Issue Purchase Orders (POs) in line with company policies and approvals.
- Ensure timely procurement of materials as per production schedule.
- Monitor stock levels and coordinate with the stores/warehouse for replenishment.
- Implement cost-saving initiatives without compromising quality.
- Benchmark prices and identify opportunities for bulk/long-term contracts.
- Maintain accurate procurement records (POs, invoices, GRNs, contracts).
- Ensure compliance with company policies, statutory regulations, and audit requirements.
- Coordinate with finance for vendor payments and reconciliations.
- Bachelor's degree in Commerce / Supply Chain / Engineering / Management.
- 2–5 years of experience in procurement/purchase in a manufacturing/industrial setup.
- Knowledge of local and international sourcing preferred.
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