06 Aug
|
EliteHubs
|
Mumbai
Purchase Manager
Department -Operations (COO Office)
Reporting To - Chief Operating Officer (COO)
About the Company
We are a rapidly growing technology company specializing in e-commerce, retail, and custom system integration for gaming, content creation, rendering, AI, and professional workstation PCs. Our portfolio includes PC components, peripherals, laptops, and complete custom-built systems from leading global brands.
Job Summary The Purchase Manager will be responsible for managing end-to-end procurement of products across our e-commerce, retail, and system integration businesses. The role requires strategic sourcing, vendor relationship management, profitability analysis, pricing management, and inventory procurement to ensure healthy margins while maintaining product availability.
The ideal candidate should possess strong commercial acumen, excellent negotiation skills, and the ability to work in a fast-paced technology retail environment.
Key Responsibilities
Procurement & Vendor Management
- Manage back-to-back procurement of PC components, peripherals, laptops, and related products.
- Source products from local distributors, vendors, importers, and brands directly.
- Develop and maintain strong relationships with suppliers to secure the best commercial terms.
- Negotiate pricing, credit terms, rebates, marketing support, and promotional offers.
- Ensure timely procurement to support customer orders, retail sales, and system integration requirements.
- Identify alternate sourcing options to improve pricing and product availability.
Profitability & Commercial Management
- Evaluate product-level Profit & Loss (P&L;) before every procurement decision.
- Ensure purchases align with the companys targeted gross margin and profitability objectives.
- Analyze landed costs, discounts, logistics expenses,
and overall procurement profitability.
- Recommend pricing strategies based on market conditions and business objectives.
- Monitor pricing fluctuations and protect margins through proactive purchasing decisions.
Pricing & Website Coordination
- Determine and update selling prices based on procurement costs, competition, and margin targets.
- Share accurate pricing data with the E-commerce Team for timely website updates.
- Ensure product pricing across all sales channels remains accurate and competitive.
- Coordinate promotional pricing and campaign pricing with relevant departments.
Market Intelligence
- Continuously monitor market pricing, competitor trends, product launches, availability, and demand.
- Identify high-demand products and procurement opportunities.
- Report bulk purchase opportunities, special distributor offers, clearance deals, and exclusive buying opportunities to the COO.
- Keep management informed of industry developments that may impact procurement strategy or profitability.
Reporting & Coordination
- Submit daily procurement and commercial reports to the COO.
- Provide updates on vendor discussions, pending procurements, pricing changes, stock availability, and commercial opportunities.
- Coordinate closely with Sales, Operations, Inventory, Finance, and the E-commerce Team to ensure seamless execution.
- Escalate potential supply chain risks, shortages, or pricing concerns promptly.
Key Performance Indicators (KPIs)
- Procurement profitability and gross margin achievement.
- P&L; performance across procured products.
- Cost savings achieved through negotiation.
- Vendor turnaround time and procurement efficiency.
- Website pricing accuracy and update timeliness.
- Inventory availability for customer orders.
- Identification of profitable procurement opportunities.
- Vendor relationship development and expansion.
- Timely submission of daily reports and commercial updates.
Required Skills & Qualifications
- Strong negotiation and vendor management skills.
- Excellent understanding of procurement, commercial pricing, and profitability.
- Ability to analyze product-level P&L; and make commercially sound purchasing decisions.
- Strong knowledge of the PC hardware, gaming, workstation, and consumer electronics industry.
- Good understanding of distributors, OEMs, brands, and channel ecosystems.
- Strong analytical skills with proficiency in Microsoft Excel and procurement reporting.
- Excellent communication and coordination abilities.
- Ability to thrive in a fast-paced, target-driven setting.
Preferred Experience
- 36 years of experience in procurement or category management within PC hardware, IT distribution, consumer electronics, or e-commerce.
- Experience working with major technology brands, distributors, or system integrators is preferred.
Desired Attributes
- Commercially driven with strong business acumen.
- Detail-oriented and highly organized.
- Strong decision-making and analytical mindset.
- Proactive in identifying market opportunities.
- Excellent relationship-building skills.
- High level of integrity and accountability.
- Ability to work under pressure while meeting commercial and operational targets.
📌 Purchase Manager (Mumbai)
🏢 EliteHubs
📍 Mumbai