Purchase Manager

1 day ago

Vile Parle, Maharashtra, India Drushti Realtors Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Role & responsibilities

Procurement Strategy

  • Develop and execute procurement strategies aligned with objectives, considering cost, quality, supplier performance, and risk.
  • Knowledge of all building work materials related with different brands, rates, quality & availability especially in, RMC, Steel, Flooring Material, Plumbing Material, Finishing Material Block work, Fire Fighting, Electrical Material, Waterproofing & Chemical, Etc.
  • Formulating and implementing the procurement strategy by developing/ modifying strategy for purchase and establishing methods to achieve project targets.
  • Budgeting and planning the funds for procurement and sourcing of materials ensuring optimum utilization of materials, maximum cost savings & meeting anticipatory orders for monthly operations.
  • Collaborate with key stakeholders to understand procurement needs and priorities.
  • Evaluate and identify cost-saving opportunities while maintaining quality standards.

Supplier Management

  • Assessing the performance of the vendors based on various criterions such as percentage for rejections, quality improvement rate, timely delivery, credit terms, etc., purchase of materials, quality verification.
  • Identify, evaluate, and maintain relationships with suppliers and vendors.
  • Supplier evaluation and management, projection of material supply site wise.
  • Lead supplier negotiations for favorable terms and pricing. Optimize value through contract negotiations
  • Preparing Purchase Order, overseeing follow-up with vendors for timely deliveries, and quality checks, billing & ensuring timely payments.

Procurement Processes

  • Oversee the end-to-end procurement process, from requisition delivery- payment closure
  • Implement and enhance procurement policies and procedures to ensure efficiency and compliance.
  • Monitor and analyze procurement data to identify trends, opportunities for improvement, and areas of cost reduction.

Inventory Management

  • Managing operations ensuring optimum inventory levels to achieve maximum cost savings without hampering the operations
  • Preparing MIS reports, Work orders of inward/ outward logistics with a view to appraise top management and users of the routine inventory management activities
  • Monitoring incoming materials supplied by vendors, checking product costing, Inventory recording and ensuring they are as per quality & quantity specifications.
  • Understanding of interiors of residential apartments

Compliance

  • Ensure compliance with relevant laws, regulations, and company policies.
  • Maintain documentation related to procurement activities.

Coordination

  • Provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Demonstrates self-confidence, energy and enthusiasm.
  • Manages group or interpersonal conflict.
  • Informs and/or updates the executives, the peers and the subordinates on relevant information in a timely manner.
  • Manages time and possesses organizational skills.
  • Presents ideas, expectations and information in a concise, organized manner.
  • Uses problem solving methodology for decision making and follow up.
  • Makes calls if necessary.

Desired profile of the candidate:

  • In-depth knowledge of procurement principles, practices, and strategies.
  • Strong negotiation and contract management skills.
  • Familiarity with sourcing and vendor management techniques.
  • Experience as a purchasing manager or in a similar position.
  • Excellent communication skills, both written and verbal.
  • Ability to work independently.
  • Strong planning and organizational skills.

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