Responsibilities
Develop and implement purchasing strategies to optimize cost, quality, and delivery timelines.
Identify, evaluate, and negotiate with suppliers and vendors for the best commercial terms.
Manage procurement of raw materials, equipment, services, and other business requirements.
Compare quotations and prepare cost analysis reports before finalizing purchases.
Maintain solid relationships with existing vendors and develop current supplier networks.
Ensure timely availability of materials to avoid production or operational delays.
Monitor inventory levels and coordinate with warehouse/store teams for stock planning.
Prepare purchase orders and ensure compliance with company policies and approval processes.
Track market trends, pricing fluctuations, and alternative sourcing opportunities.
Ensure purchased materials meet quality standards and specifications.
Coordinate with finance/accounts teams for invoice verification and payment follow-ups.
Maintain accurate procurement records, contracts, and vendor documentation.
Handle supplier performance evaluation and resolve supply-related issues.
Ensure compliance with legal, safety, and company procurement regulations.
Work closely with production, operations, and management teams to forecast purchasing needs.
Achieve cost savings targets without compromising quality or timelines.
Oversee daily store operations and ensure smooth functioning of the warehouse.
Verify goods received against purchase orders and delivery challans.
Supervise store staff and allocate daily operational tasks.