Purchase Manager
5 days ago
Location:
Bengaluru, India
Company:
Department:
Supply Chain / Procurement
Reports To:
CEO / Head of Operations
About
is building the world's first fully integrated product supply and retailing ecosystem — where we partner with factories to manufacture products that have real market demand, buy and stock them in our warehouses, and sell them globally through our own platforms and retail partners.
We are on a mission to make manufacturing, inventory, and retail seamless, data-driven, and globally scalable.
Role Overview
The
Purchase Manager/Director
will lead all procurement operations — from vendor identification and negotiation to cost optimization, production planning, and inventory procurement — ensuring that the right products are sourced, at the right cost, from the right suppliers.
This role requires a strategic thinker with strong operational depth, capable of managing multiple product categories, supplier relationships, and large-scale manufacturing orders.
Key Responsibilities
- Vendor Development & Management
- Identify, evaluate, and onboard new factories, suppliers, and vendors across categories (apparel, bags, accessories, etc.).
- Build and maintain long-term supplier relationships to ensure reliability, quality, and cost efficiency.
- Procurement Planning
- Develop purchase plans based on sales data, live stock reports, and future demand projections.
- Align purchase cycles with warehouse capacity and production lead times.
- Negotiation & Cost Management
- Negotiate pricing, payment terms, and delivery schedules with factories to achieve optimal cost savings.
- Continuously benchmark supplier pricing and monitor market trends to maintain competitiveness.
- Production Coordination
- Coordinate with category managers and merchandisers to finalize product specifications, fabrics, trims, and packaging before production.
- Oversee sampling, approvals, and production timelines to ensure on-time delivery.
- Quality & Compliance
- Ensure all purchased goods meet Factori's quality standards and compliance norms.
- Collaborate with QA and logistics teams for inspection and dispatch.
- Process Optimization
- Develop and implement SOPs for procurement and supplier evaluation.
- Use data and technology (ERP / Live Stock Board) to monitor supplier performance and streamline operations.
- Team Leadership
- Lead and mentor a growing procurement team handling different product categories.
- Build capabilities for category-wise purchasing and vendor management.
Qualifications & Skills
- Bachelor's or Master's degree in
Supply Chain, Business Administration, Textile Technology, or related fields
. - 8–15 years
of experience in procurement, vendor management, or sourcing — preferably in
apparel, bags, accessories, or consumer goods
. - Strong
factory network
and understanding of end-to-end
manufacturing processes
(from yarn/fabric sourcing to final packaging). - Excellent negotiation, communication, and analytical skills.
- Proven experience in
cost optimization
,
inventory planning
, and
supplier performance management
. - Ability to work cross-functionally with category, merchandising, warehouse, and logistics teams.
- Tech-savvy and comfortable using ERP, dashboards, and procurement management tools.
Preferred Attributes
- Entrepreneurial mindset with ownership attitude.
- Deep understanding of manufacturing economics and production bottlenecks.
- High integrity and commitment to transparent supplier relationships.
- Passion for building scalable, global supply systems.
Compensation
Competitive salary with performance-based incentives.
(Title — Manager / Director — will depend on experience and leadership capability.)
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