Purchase Manager

12 hours ago

Mumbai, Maharashtra, India FinnovationZ Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Job Title:
Purchase Manager

Location:
Mumbai – (Nariman Point)

Department:
Procurement / Supply Chain

Job Summary:

We are seeking an experienced and strategic
Head of Procurement
to lead and manage our procurement operations. This leadership role is responsible for developing and implementing effective purchasing strategies, managing supplier relationships, and ensuring the timely, cost-effective procurement of goods and services. The ideal candidate will possess strong negotiation skills, market insight, and the ability to guide a team toward achieving organizational procurement goals.
A minimum of 3 years of experience in the construction industry is mandatory.

Key Responsibilities:

  • Develop and execute effective procurement strategies to ensure optimal cost, quality, and delivery timelines.
  • Lead, mentor, and manage the procurement team to meet departmental and organizational objectives.
  • Negotiate contracts and agreements with suppliers, ensuring favorable pricing, terms, and service levels.
  • Analyze market trends, pricing, and supplier performance to identify cost-saving opportunities and mitigate risks.
  • Ensure compliance with company policies, procurement procedures, and regulatory requirements.
  • Collaborate with internal departments (such as Production, Finance, and Operations) to forecast procurement needs.
  • Evaluate supplier capabilities and develop long-term, strategic supplier partnerships.
  • Prepare and present periodic reports on procurement performance, cost savings, and vendor efficiency to senior leadership.

Qualifications:

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Minimum 7 years of experience in procurement or purchasing, with at least 3 years in a leadership role.
  • Must have at least 3 years of procurement experience specifically in the construction industry.
  • Demonstrated success in strategic negotiations, vendor development, and cost optimization.
  • Proficient in procurement software, ERP systems, and data analysis tools.
  • Strong understanding of supply chain principles, contract law, and market dynamics.

Key Skills:

  • Strategic Planning & Execution
  • Strong Negotiation & Persuasion
  • Supplier/Vendor Relationship Management
  • Market Research & Trend Analysis
  • Budgeting & Cost Control
  • Team Leadership & Development
  • Analytical Thinking & Problem Solving
  • Excellent Verbal and Written Communication

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