Purchase Manager
3 days ago
A. Procurement & Sourcing
- Identify, assess, and qualify suppliers of natural and synthetic rubber.
- Execute end-to-end purchasing activities: RFQs, negotiations, contract creation, and purchase order issuance.
- Ensure competitive pricing, consistent quality, and reliable supply.
- Manage supplier performance and conduct periodic evaluations.
B. Trading & Market Intelligence
- Monitor global rubber markets, price trends, currency impacts, and demand-supply dynamics.
- Maintain up-to-date knowledge of commodity exchanges, futures markets (e.g., TOCOM, SGX), and global rubber production regions.
- Provide internal forecasts and recommend trading strategies to optimize cost and mitigate risks.
- Evaluate hedging or forward contracting options (if applicable).
C. Contract & Risk Management
- Manage short-term and long-term supply contracts.
- Ensure compliance with regulatory requirements, quality standards, and company policies.
- Identify and mitigate risks related to price volatility, logistics, quality, and geopolitical factors.
- Develop alternative sourcing strategies during disruptions.
D. Logistics & Inventory Coordination
- Coordinate with logistics teams on shipment planning, delivery follow-ups, customs clearance, and warehouse scheduling.
- Maintain optimal inventory levels while minimizing carrying costs.
- Resolve supply delays, quality issues, or shipment discrepancies.
E. Cross-functional Collaboration
- Work closely with production, quality assurance, finance, and sales departments to forecast demand and manage supply planning.
- Support R&D and manufacturing teams in material trials and new product development.
- Provide cost updates and support budgeting activities.
F. Reporting & Documentation
- Maintain accurate procurement records, market reports, pricing trackers, and supplier databases.
- Prepare weekly/monthly reports on purchases, market conditions, and cost forecasts.
- Ensure audit-ready documentation for all procurement and trading activities.
Job Types: Full-time, Part-time
Pay: ₹80, ₹100,000.00 per month
Benefits:
- Food provided
- Health insurance
- Provident Fund
Work Location: In person
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