Purchase Manager
6 hours ago
Job Title- Sr. Purchase Manager
Name of Company : Optimistic Green Energy P. Ltd.
Parent Department :Operations
Department : Supply Chain Management (SCM)
Designation : Sr. Purchase Manager
Educational Qualification:- Graduate/ BBA/ MBA
Preferred Qualification: Master's degree (optional but advantageous): MBA in Finance, Marketing, or Operations.
Proficiency:- Basic Digital Literacy – using computers, smartphones, email, internet, and productivity tools (Word, Excel, PowerPoint, etc.). Should be able to learn and apply new technologies quickly as they evolve.
:- Experience in procurement and vendor management within the Electronics, Electrical, and Civil fields, with a strong understanding of industry-specific materials, equipment, and technical requirements.
Experience Requirement 4-5 Year
Job Description:
To manage the company's procurement activities, ensure timely availability of quality materials at competitive prices, maintain vendor relationships, and optimize costs while ensuring compliance with company policies.
Key Responsibilities:
- Develop and implement procurement strategies aligned with business objectives.
- Source, evaluate, and negotiate with vendors to obtain the best terms.
- Maintain approved vendor data base and ensure supplier performance tracking.
- Oversee purchase orders, contracts, and agreements.
- Ensure timely procurement to meet production and operational needs.
- Monitor inventory levels in coordination with the stores/warehouse.
- Analyze market trends and identify opportunities for cost savings.
- Maintain compliance with legal and quality standards.
- Liaise with accounts for vendor payments and reconciliation.
- Prepare procurement reports for management review.
KRA – Key Result Areas
- Procurement Planning & Execution
- Timely creation of purchase plans and execution in line with production schedules.
- Vendor Development
- Identifying, evaluating, and developing suppliers (vendors) to ensure they can meet a company's quality, cost, delivery, and innovation requirements.
- Must stay updated on emerging technologies and market trends, and proactively keep vendors informed and aligned with the latest advancements.
3. Vendor Management
- Maintain strong relationships with vendors, meets quality & delivery standards
- Cost Optimization
- Achieve target cost savings without compromising quality.
- Inventory Control
- Avoid stock-outs or excess inventory through efficient purchasing.
5. Liaisoning with Finance Department
○ Liaise with accounts for vendor payments and reconciliation.
6. Compliance & Documentation
- Ensure all procurement activities follow company policies, contracts, and legal requirements.
Job Types: Full-time, Permanent
Pay: ₹30, ₹55,000.00 per month
Work Location: In person
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