The Purchase Manager will be responsible for developing and executing procurement strategies to source raw materials, components, machinery parts, and services needed for the manufacturing process. This role ensures cost-effective purchasing, quality compliance, vendor relationship management, and timely supply to meet production goals.
Key Responsibilities: Strategic Procurement:
1. Develop and implement procurement strategies aligned with the company’s manufacturing goals.
2. Analyze market trends and forecasts to negotiate better pricing and contract terms.
3. Identify cost-saving opportunities without compromising quality.
Vendor Management:
1. Identify, evaluate, and onboard reliable suppliers for raw materials, components, and machinery.
2. Build and maintain strong relationships with key suppliers.
3. Monitor vendor performance and resolve any issues related to quality, delivery, or compliance.
4. Conduct regular vendor audits to ensure adherence to company standards.
Operational Procurement:
1. Plan and forecast material requirements in collaboration with production and planning teams.
2.
Raise purchase orders and ensure timely delivery of materials.
3. Maintain optimal inventory levels to support production schedules.
4. Monitor and ensure adherence to procurement budgets.
Quality and Compliance:
1. Ensure purchased materials and components meet required specifications and industry standards.
2. Coordinate with the quality assurance team for inspections and quality approvals.
3. Ensure compliance with legal, regulatory, and environmental requirements.
Cost Control:
1. Negotiate contracts, terms, and pricing to achieve cost-effective procurement.
2. Minimize procurement costs through efficient sourcing strategies.
3. Track and report procurement KPIs, including cost savings and supplier performance.
Qualifications and Experience:
- Bachelor’s degree in Mechanical/Production/Industrial Engineering or related field.
- MBA in Supply Chain Management or equivalent (preferred).
- Experience: 8–12 years of procurement experience in a machine manufacturing or heavy engineering industry.
- Robust knowledge of raw materials, machining