Purchase Manager

3 days ago

Jaipur, Rajasthan, India Sunex Stones Full time ₹ 5,00,000 - ₹ 15,00,000 per year
Purchase ManagerOverview: The Purchase Manager plays a critical role in managing the organization's procurement process. They are responsible for sourcing, negotiating, and purchasing goods and services to meet the company's operational needs while ensuring cost-effectiveness and high quality.Key Responsibilities:
  • Develop and implement procurement strategies to enhance efficiency and cost savings
  • Identify reliable suppliers and manage vendor relationships
  • Negotiate contracts and terms with vendors for favorable pricing and payment terms
  • Monitor inventory levels and manage stock to ensure adequate supply
  • Analyze market trends and conditions to anticipate changes in pricing and availability
  • Ensure compliance with procurement policies and regulations
  • Collaborate with internal stakeholders to understand purchasing needs and priorities
  • Oversee the procurement process from requisition to delivery
  • Resolve any issues or disputes with vendors regarding quality, delivery, or pricing
  • Implement sustainable procurement practices to support environmental and social goals
  • Conduct regular performance reviews of suppliers and take corrective actions when necessary
  • Lead and develop the procurement team, providing guidance and support
Required Qualifications:
  • Bachelor's degree in Business Administration, Supply Chain Management, or related field
  • Proven experience as a Purchase Manager or in a similar procurement role
  • Demonstrated knowledge of procurement processes, sourcing strategies, and contract negotiation
  • Strong analytical and decision-making skills
  • Excellent communication and negotiation abilities
  • Proficiency in procurement software and MS Office tools
  • Ability to manage and prioritize multiple tasks effectively
  • In-depth understanding of inventory management and supply chain principles
  • Strong understanding of legal and regulatory requirements for procurement
  • Leadership and team management skills
  • Ability to work collaboratively with cross-functional teams
  • Proven track record of cost savings and vendor performance improvement
  • Professional certification in procurement or supply chain management is preferred
  • Knowledge of sustainable procurement practices and environmental standards is an advantage
  • Strong ethical standards and integrity in business dealings

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