Purchase Manager

2 weeks ago

Palwal, Haryana, India Prompt Enterprises Full time ₹ 2,50,000 - ₹ 7,50,000 per year
  • Procurement Strategy:Develop and implement strategies for acquiring goods and services that align with the company's overall objectives and maximize cost savings.
  • Supplier Management:Identify potential suppliers, evaluate their performance, negotiate contracts, and establish strong, reliable relationships to ensure a consistent supply of quality products.
  • Inventory Management:Monitor inventory levels, forecast demand, and devise strategies to manage stock efficiently, avoiding shortages or excess, and disposing of outdated items profitably.
  • Team Leadership:Lead and mentor the purchasing department, setting goals, providing training, and ensuring the team works efficiently and effectively to meet departmental objectives.
  • Cost Control & Analysis:Analyze spending patterns, track key performance indicators (KPIs), and identify opportunities for cost reduction and process improvements.
  • Risk Mitigation:Identify and assess supply chain risks, such as potential disruptions or supplier reliability issues, and implement strategies to mitigate them.
  • Cross-Departmental Collaboration:Coordinate with other departments to understand their supply needs and ensure procurement activities support the entire organization's operations.

Skills & Qualifications

  • Strong negotiation skills to secure favorable terms with suppliers.
  • Analytical and strategic thinking to evaluate procurement processes and identify areas for improvement.
  • Excellent communication and interpersonal skills to build and maintain vendor relationships and lead a team.
  • Proficiency in inventory management systems and data analysis tools.
  • Knowledge of market trends and supply chain dynamics. Role & responsibilities

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