Purchase Manager
2 weeks ago
Purchase Manager
1. Procurement & Sourcing
Source raw materials, packaging materials, consumables, and indirect goods required for production.
Develop a robust supplier base and ensure competitive pricing, quality, and reliability.
Negotiate contracts, payment terms, and supply agreements with vendors.
2. Vendor Development & Management
Identify, evaluate, and onboard new suppliers for cost-effective procurement.
Maintain strong supplier relationships and resolve disputes or delays.
Monitor vendor performance against agreed quality, cost, and delivery timelines.
3. Cost Optimization
Conduct regular market research to track commodity price trends.
Drive cost savings initiatives without compromising quality.
Implement best practices in procurement to reduce wastage and leakage.
4. Inventory & Supply Chain Coordination
Ensure timely availability of materials as per production schedules.
Collaborate with supply chain, warehouse, and production teams for material planning.
Maintain optimum inventory levels to avoid stockouts or overstocking.
5. Compliance & Documentation
Ensure compliance with company policies, statutory regulations, and quality standards.
Maintain accurate purchase orders, agreements, and vendor documentation.
Work closely with finance for timely vendor payments and budget control.
6. Strategic Procurement
Support new product development by identifying and sourcing required materials.
Evaluate alternative sources and suppliers for risk mitigation.
Contribute to sustainability initiatives by identifying eco-friendly procurement options.
Key Skills & Competencies
Strong negotiation and vendor management skills.
In-depth knowledge of FMCG procurement practices (raw materials, packaging, logistics).
Familiarity with ERP systems (SAP / Oracle / Tally, etc.) for purchase and inventory.
Analytical and cost management skills.
Good understanding of supply chain and production planning.
Excellent communication, networking, and leadership abilities.
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