Deputy Purchase Manager

Job SummaryWe are seeking a highly analytical and results-driven Deputy Manager for our PurchaseDepartment. This role is pivotal in managing the end-to-end supply chain, ensuring a seamlessflow of materials by optimizing procurement, quality, delivery, and inventory levels. The idealcandidate will be an expert negotiator with in-depth knowledge of market trends, proficient in SAPMM, and skilled in generating actionable MIS reports to minimize costs and prevent stock-outs orexcess inventory.Key ResponsibilitiesA. Strategic Sourcing & Supplier Management Identify, evaluate, and on-board reliable suppliers to ensure a robust and competitive supply base. Conduct thorough supplier audits and performance reviews based on Quality, Delivery, and Costparameters. Develop and maintain strong, long-term relationships with key suppliers while managingcontractual obligations.B. Quality Assurance Ensure all procured materials and components strictly adhere to defined quality specifications andstandards. Collaborate with the Quality Assurance department to resolve any material rejection or non-conformance issues with suppliers. Implement and monitor supplier quality improvement plans as necessary.C. On-Time Delivery Plan and execute purchase orders to ensure a continuous supply of materials aligned with theproduction schedule. Proactively track order status, anticipate delays, and work with suppliers and logistics partners tomitigate risks. Achieve and exceed key performance indicators (KPIs) related to on-time-in-full (OTIF) delivery.D. Cost Negotiation & Purchase Price Management Conduct rigorous cost analysis and benchmarking against current market prices for raw materialsand components. Lead price negotiations with suppliers to secure the most favourable terms, ensuring annual costsavings targets are met. Manage other commercial terms and conditions (e.g., Payment Terms, Liquidated Damages,Warranty) to minimize risk and maximize value.E. Inventory Control & Management Monitor and control inventory levels (Raw Materials, Packing Materials, etc.) to minimizecarrying costs while ensuring no stock-outs. Define and implement Min-Max, Re-order Point, and Safety Stock levels for key items incoordination with planning and production teams. Analyse slow-moving, non-moving, and obsolete inventory and develop action plans for theirdisposal or utilization. Ensure high inventory record accuracy by coordinating with the stores team and through periodiccycle counts.F. SAP & Process Compliance Must have hands-on experience in the SAP MM (Materials Management) module for allprocurement and inventory management activities. Efficiently process Purchase Requisitions (PR), generate Purchase Orders (PO), and managegoods receipts and invoice verification. Ensure all purchasing and inventory control activities comply with company policies, procedures,and internal controls.G. MIS, Reporting & Data Management Prepare and share Daily and Weekly MIS Reports with the Head of Department, covering criticalmetrics like pending POs, stock levels, inventory turnover, delivery schedules, and cost variations. Take primary responsibility for preparing, analysing, and maintaining monthly MRM (MaterialReview Meeting) data, including inventory health reports. Generate ad-hoc reports on spend analysis, supplier performance, inventory aging, and marketintelligence to support management decisions.Qualifications & Experience Educational Qualification: Bachelor's degree in Engineering, Supply Chain Management, orBusiness. A Master's degree or diploma in Materials Management will be a distinct advantage. Experience: 8 to 12 years of progressive experience in a procurement or purchasing role,with demonstrable experience in inventory control, within a manufacturing or engineeringenvironment.Required Skills & Competencies Mandatory Technical Skills:o Proficiency in SAP MM module is essential.o Advanced skills in MS Excel (Pivot Tables, VLOOKUP, Charts) for data analysis and reporting. Core Competencies:o Expert Negotiation Skills: Proven ability to negotiate prices and commercial terms effectively.o Strong Analytical & Problem-Solving Abilities: Data-driven approach to inventory optimizationand decision-making.o Supplier Relationship Management: Skilled in managing and developing supplier partnerships.o Knowledge of Inventory Management Principles: Understanding of EOQ, ABC analysis, andother inventory control techniques.o Excellent Communication: Strong verbal and written communication skills for internal andexternal coordination.Key Performance Indicators (KPIs) Inventory Management:o Inventory Turnover Ratio.o Reduction in Excess & Obsolete (E&O) Inventory.o Achievement of Inventory Accuracy Targets (>98%).o Reduction in Stock-Out incidents. Procurement:o % Cost Savings achieved against target.o Supplier On-Time Delivery Performance (% OTIF).o Reduction in Material Rejection Rate (PPM). General:o Accuracy and timeliness of MIS & MRM Reports.o Adherence to the procurement and inventory budget.Job Type: Full-timePay: ₹900, ₹1,000,000.00 per yearBenefits:Cell phone reimbursementHealth insuranceWork Location: In person