Purchasing Manager

5 days ago


Mumbai, Maharashtra, India Sirmaxo Full time ₹ 5,00,00,000 - ₹ 7,50,00,000 per year

Designation: Purchase ManagerReporting to: SCM HeadLocation: Mumbai, Vile ParleQualification: B. Sc – Chemistry / B. E. Desirable: Dip in SCM or MBA – SCM / Operations Management or Material ManagementExperience (Total yrs.): years Chemical PharmaObjective: Develop the supply chain, Purchase, Procurement strategy operations to maximize the process efficiency and productivity. Develop and maintain cordial relations with vendors and service providers. Strategize sourcing, raw material and packing material control, vendor Management, vendor Audit, inventory control, minimising deviations, zero rejections, General items, AMC (Annual Maintenance Contract), RC ( Rate Contract), Consignment Stock, minimising lead time, SAP skills ( PO release, PO list, stock check & material movement) coordinating with operation team, QC/QA, Packing and Development Team, R&D, Regulatory Affairs, Warehouse, Engineering Team etc, Payment process for vendors invoices, Preparing MIS data, weekly data.

Lead and nurture the team members. Key Result Areas:

  • Develop and implement procurement strategies to meet the organizations objectives and targets.
  • Manage and lead procurement portfolio of INR 50 to 75 Cr / annum.
  • Responsible for key purchase decisions directly influencing the P&L of the Business.
  • Identify, Evaluate, and select suitable vendors / suppliers for various Chemical Raw Material, Packing Material, General Items, CAPEX, and consumables.
  • Negotiate terms & conditions, competitive pricing, delivery schedules, payment terms and long- term supply agreements wherever feasible.
  • Maintain healthy relationships with key suppliers to ensure timely delivery of quality goods and services.
  • Proactively address concerns that arise during the procurement process.
  • Regularly monitor inventory levels and ensure optimal stock levels to meet demand while minimizing excess inventory.
  • Coordinate with cross functional departments to forecast future demand and plan procurements.
  • Constantly analyse pricing market trends, market conditions and supplier performance to identify cost optimization initiatives.
  • Execute and sustain best in class industry practices.
  • Implement cost optimization & saving strategies without compromising quality or service.
  • Ensure procurement process is followed as per the contracts with suppliers.
  • Adhere to legal and regulatory compliances.
  • Spearhead revisions in contract (AMC).
  • Collaborate with quality control and assurance teams to ensure that purchased goods and services meet the required quality standards and specifications.
  • Continuously evaluate and improve procurement processes to enhance efficiency.
  • Implement best practices and innovative solutions to optimize the working of the procurement function.
  • Analyse procurement budget, report and track expenditures to respective stakeholders.
  • Develop contingency plans to sustain the operations continuity.

Analytical skill in terms of price and market trending globally. MS word, excel and PPT skillsSAP (MM) knowledge for view PR, PO release, stock check, material movement, BOM etc. Work closely with development teams for delivering goods on-time. Preparing reports weekly, monthly, Half Yearly and Yearly. Monitoring internal team and performance

Prepare SOP and its adherence· Develop and strengthen the team members in technical and behavioural competencies.FunctionalBehaviouralProcurement of chemical raw materials. Packing materials, CAPEX,Strong Communication.Knowledge of chemicals, raw materials and consumables

Problem solving & Decision making

Monitoring price of prime raw materials for packing materials production

Stakeholder ManagementVendor ManagementCross functional teamwork

Inventory ManagementQuality & Regulatory compliant

Strong Negotiation Delivering consistent results

Cost OptimizationRisk mitigation

Project ManagementSAPMISKey Competencies: Key Stakeholders: Internal:

  • Plant Operations
  • Finance
  • Quality
  • R&D
  • P&D
  • RA
  • External:
  • Suppliers
  • Vendors
  • Service Providers

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