General Manager Purchase
2 weeks ago
Hiring for
Head of Purchase
, based at Mumbai
Industry preference:
Manufacturing ONLY
Flexibility to travel extensively at plant locations pan India essential
1. Strategic Planning & Cost Management
- Forecast yearly material needs and price trends based on business plans.
- Develop procurement strategies and present market analysis.
- Create and manage budgets for product-line-specific procurement.
- Provide finance with working capital forecasts from procurement patterns.
- Identify new markets/vendors and material alternatives.
- Maximize procurement leverage and cost standardization.
2. Purchase Operations – Local
- Ensure product specifications are met and approve purchase orders.
- Adhere to legal and corporate compliance in contracts and bids.
- Oversee quotation analysis, negotiations, and vendor performance.
- Manage purchase requisitions, item availability, and billing scrutiny.
- Drive improvements in KPIs like cycle time, inventory, and capacity utilization.
- Handle supply delays or expedition in sync with logistics.
3. Purchase Operations – Imports
- Manage import procurement (e.g., steel etc)
- Analyze commercial viability and import potential of new products.
- Coordinate with internal departments, government agencies, and suppliers.
- Negotiate terms of credit and manage forex risks.
- Identify international vendors through visits and trade shows.
4. Vendor Development
- Research and shortlist high-value, quality vendors.
- Maintain backup vendor pipeline and assess vendor credibility.
- Monitor and rate vendor performance; conduct vendor audits.
- Foster long-term, mutually beneficial supplier relationships.
- Negotiate and track contract performance and service quality.
5. Documentation, MIS & Process Control
- Ensure end-to-end process and SOP control: Purchase Order to GRN to vendor payment.
- Support accurate product pricing by sharing cost data with marketing.
- Generate and circulate MIS/reports for management.
6. Team Management
- Define manpower plans and team structures.
- Invest in team training, succession planning, and motivation.
- Conduct reviews, conferences, and engagement initiatives.
- Train team on products and procurement systems.
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