Purchase Manager

11 hours ago

Mysore, Karnataka, India Shashwath Solution Full time ₹ 15,00,000 - ₹ 25,00,000 per year

About the roleYour role will involve sourcing and evaluating suppliers, contract drafting, negotiation and managing suppliers through the whole procurement process. You'll also deal with any sustainability, risk management and ethical issues.

Your work will help a business or organisation save money, minimise waste and increase profits.

ResponsibilitiesAs a procurement manager, you'll need to:

  • Forecast levels of demand for services and products
  • Conduct research to source the best products and suppliers in terms of best value, delivery schedules and quality
  • Run tenders, evaluate bids and make recommendations, based on commercial and technical factors negotiate and agree contracts, monitoring the quality of service provided
  • Keep contract files and use them as reference for the future
  • Build and maintain good relationships with new and existing suppliers
  • Manage and motivate a team of procurement staff
  • Liaise between suppliers, manufacturers, internal teams such as supply chain, planning, marketing, IT and sales, and customers
  • Develop strategies to make sure that cost savings and supplier performance targets are met - or exceeded
  • Ensure all procurement processes are followed and accurately recorded
  • Undertake value for money reviews of existing contracts and arrangements
  • Ensure the security and sustainability of sources of essential products and servicesforecast price trends and their impact on future activities
  • Give presentations about market analysis and possible growth
  • Develop and implement a procurement strategy
  • Analyse data and produce reports and statistics on spending and saving
  • Ensure suppliers are aware of business objectives
  • Attend meetings and trade conferences
  • Keep up to date with trends and innovations, regulation and new technology that can impact on the business train junior members of staff.

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