This opening is with a manufacturing company in their head office. The candidate must have a minimum experience of 5 years in purchase department and working in purchase department of manufacturing or capital goods distribution company.

Core Responsibilities:

1. Procurement & Sourcing

- Identify and evaluate suppliers for raw materials, machinery, and services.
- Negotiate contracts, pricing, and delivery terms to optimize costs.
- Ensure procurement aligns with production schedules to avoid delays.

2. Supplier Relationship Management

- Build and maintain long-term partnerships with reliable vendors.
- Monitor supplier performance (quality, delivery timelines, responsiveness).
- Diversify supplier base to reduce dependency and mitigate risks.

3. Inventory & Material Management

- Maintain optimal stock levels to prevent shortages or overstocking.
- Collaborate with production and warehouse teams for demand forecasting.
- Implement just-in-time (JIT) or lean inventory practices where feasible.

4.



Cost Control & Budgeting

- Track procurement expenses and ensure adherence to budgets.
- Identify opportunities for cost savings through bulk purchasing or alternative sourcing.
- Balance cost efficiency with quality standards.

5. Compliance & Risk Management

- Ensure procurement activities comply with legal, ethical, and environmental standards.
- Manage risks related to supplier reliability, geopolitical issues, or market fluctuations.
- Promote sustainable and ethical sourcing practices.

6. Strategic Planning

- Develop procurement strategies aligned with company goals.
- Use data analytics and digital procurement tools to improve efficiency.
- Contribute to long-term supply chain resilience and competitiveness.

Pay: ₹300,000.00 - ₹360,000.00 per year

Work Location: In person

📌 Purchase Officer (India)
🏢 IUC Consulting
📍 India