Purchase Manager

1 week ago

Madurai, Tamil Nadu, India AP Management Consultants Full time ₹ 6,00,000 - ₹ 12,00,000 per year

Role: Raw Material Procurement (Tyre Industry)

Experience: 912 years

Location: Madurai

Key Responsibilities

Strategy & Planning

  • Prepare and monitor procurement plans for raw materials (e.g., natural/synthetic rubber, chemicals).
  • Maintain optimum stock levels as per inventory norms.
  • Develop vendors locally and internationally in line with company policies.
  • Forecast demand and ensure uninterrupted supply to plants.

Market Analysis

  • Track global/national markets for pricing, lead times, vendor capacity, and quality.
  • Analyse trends to optimize procurement cost and availability.

Procurement & Coordination

  • Source raw materials at competitive prices while meeting specifications.
  • Negotiate contracts, issue POs, and ensure timely deliveries.
  • Coordinate with plants, accounts, and logistics for smooth operations.
  • Ensure supplier compliance and documentation.

R&D Interface

  • Align with R&D on specifications, new material trials, and vendor proposals.
  • Share feedback on material performance and support product development.

Cost & Vendor Management

  • Negotiate for best prices and payment terms.
  • Develop and maintain reliable vendor base; monitor performance and resolve issues.
  • Explore alternative sources and materials; reduce transportation costs.

Logistics & Inventory

  • Monitor shipments to avoid delays/demurrage.
  • Implement JIT/consignment stocking where feasible.
  • Conduct stock reviews and disposal of obsolete/surplus materials.

MIS & Reporting

  • Prepare daily/periodic reports on procurement, costs, and inventory status.

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