Purchase Manager

14 hours ago

Sahibabad, Uttar Pradesh, India RN FAUCETS PVT LTD Full time ₹ 6,00,000 - ₹ 7,00,000 per year

Role Overview:

The Purchase Manager will be responsible for developing, implementing, and managing procurement strategies to ensure timely availability of raw materials, consumables, packaging materials, machinery spares, and services at optimal cost and quality. The role involves vendor development, contract negotiations, inventory cost optimization, and ensuring compliance with company policies and industry standards.

Key Responsibilities:1. Procurement Planning & Strategy

  • Develop annual and monthly procurement plans aligned with production schedules.
  • Ensure uninterrupted supply of raw materials, consumables, and indirect items.
  • Monitor market trends, competitor sourcing, and price fluctuations.
  • Identify cost-saving opportunities and negotiate favorable terms.

2. Vendor Management

  • Identify, qualify, and develop reliable suppliers (domestic & international).
  • Conduct vendor audits for quality, delivery, financial stability, and compliance.
  • Maintain long-term supplier relationships to ensure consistency and reliability.
  • Evaluate vendor performance periodically (price, quality, delivery timelines).

3. Purchase Operations

  • Issue purchase requisitions, RFQs, comparative statements, and purchase orders.
  • Negotiate contracts, terms, and pricing with suppliers.
  • Ensure adherence to delivery timelines as per production requirements.
  • Coordinate with stores, quality, and production teams for material acceptance.

4. Cost & Inventory Control

  • Implement cost reduction initiatives without compromising quality.
  • Monitor purchase price variance and work on standardization of materials.
  • Control inventory levels by working closely with PPC and stores.
  • Ensure proper buffer stock while minimizing holding costs.

5. Compliance & Documentation

  • Ensure procurement complies with company policies, legal requirements, and audit standards.
  • Maintain accurate records of purchase orders, agreements, and vendor details.
  • Ensure adherence to GST, import-export regulations, and statutory norms.

6. Team & Cross-Functional Coordination

  • Lead and mentor the purchase team for effective performance.
  • Collaborate with production, quality, finance, and logistics departments.
  • Resolve supply-related issues promptly to avoid production downtime.

Key Skills & Competencies:

  • Strong negotiation and analytical skills.
  • In-depth knowledge of raw materials, fittings, and hardware procurement.
  • Understanding of import-export procedures and global sourcing.
  • Excellent vendor development and relationship management.
  • Proficiency in ERP systems (SAP/Oracle/Tally ERP/MS Dynamics).
  • Strong leadership, decision-making, and problem-solving abilities.

Qualifications & Experience:

  • Graduate in Engineering / Commerce / Supply Chain (preferred: MBA in Supply Chain / Materials Management).
  • 8–12 years of experience in procurement, preferably in manufacturing industry (sanitaryware, faucets, building materials, or related industries).
  • Proven track record in vendor development and cost optimization.

Job Types: Full-time, Permanent

Pay: ₹60, ₹70,000.00 per month

Benefits:

  • Provident Fund

Work Location: In person

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