Purchase Manager
2 days ago
Job Summary
The Purchase Manager is responsible for overseeing the procurement of goods and merchandise for retail operations. This role ensures timely sourcing, cost-effective purchasing, and optimal inventory levels to meet customer demand and business goals.
Key Responsibilities
- Develop and execute purchasing strategies aligned with retail sales forecasts and seasonal trends.
- Identify, evaluate, and negotiate with suppliers to secure competitive pricing and quality products.
- Monitor market trends and competitor offerings to optimize product selection and pricing.
- Manage purchase orders, delivery schedules, and vendor relationships.
- Collaborate with merchandising, inventory, and store teams to ensure stock availability and assortment.
- Maintain accurate records of purchases, pricing, and supplier performance.
- Ensure compliance with company policies, legal regulations, and ethical sourcing standards.
- Analyze procurement data to identify cost-saving opportunities and improve purchasing efficiency.
- Handle vendor disputes, returns, and quality issues professionally and promptly.
Required Skills & Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, or related field.
- 5+ years of experience in retail purchasing or procurement.
- Strong negotiation and vendor management skills.
- Proficiency in ERP systems and procurement software.
- Excellent analytical, organizational, and communication skills.
- Knowledge of retail product categories and consumer behavior.
Preferred Qualifications
- MBA or certification in Procurement/Supply Chain (e.g., CPSM, CIPS).
- Experience in multi-brand or multi-location retail environments.
- Familiarity with import/export regulations and logistics.
Job Types: Full-time, Permanent
Pay: Up to ₹30,000.00 per month
Work Location: In person
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