Purchase Manager Position
3 days ago
We are seeking a highly skilled and motivated Senior Purchase Manager to join our team at Hireduo Resources Private Limited.
The ideal candidate will have experience working in the Engineering or Furniture industry and will be responsible for managing and optimizing procurement processes, identifying new vendors, and contributing to product innovation.
- New Vendor Development:
- Identify, assess, and onboard new suppliers to ensure a diverse and competitive vendor base.
- Negotiate terms, pricing, and contracts with new and existing suppliers.
- Establish long-term partnerships with key suppliers to ensure quality, cost-effectiveness, and timely deliveries.
Key Responsibilities:
- Collaborate with the product development team to source materials, components, and services for new products.
- Ensure that all product requirements (e.g., quality, cost, lead time) are met by selected vendors.
- Manage procurement timelines to ensure new products are launched on schedule.
- Maintain strong, professional relationships with suppliers and internal stakeholders.
- Monitor supplier performance, quality standards, and delivery timelines.
- Resolve any issues or discrepancies in a timely manner.
- Conduct market research to identify new trends, technologies, and suppliers that can add value to the product development process.
- Analyze costs, negotiate favorable terms, and ensure the company receives the best value for purchased goods and services.
Required Skills and Qualifications:
- Proven experience in New Product Development (NPD) and New Vendor Development (NVD) within the Engineering or Furniture industry.
- Strong knowledge of the procurement process, supplier relationship management, and contract negotiations.
- Experience working with cross-functional teams, including engineering, design, and production departments.
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