The Purchase Manager is responsible for sourcing, negotiating, and purchasing raw materials, components, machinery, and services required for manufacturing operations. The goal is to ensure timely availability of quality materials at the best possible cost.
Key Responsibilities
Procurement Planning
Analyze production schedules to determine material requirements
Develop purchasing strategies aligned with company goals
Forecast demand to avoid shortages or overstocking
Vendor Management
Identify, evaluate, and select reliable suppliers
Maintain robust relationships with existing vendors
Conduct supplier performance reviews
Negotiation & Cost Control
Negotiate prices, terms, and contracts with suppliers
Ensure cost-effective purchasing without compromising quality
Track market trends to optimize buying decisions
Purchase Operations
Issue purchase orders and ensure timely delivery
Monitor order status and resolve delays or issues
Ensure proper documentation and record-keeping
Quality Assurance
Coordinate with quality and production teams
Ensure materials meet required specifications and standards
Handle returns or replacements of defective goods
6. Inventory Coordination
Work closely with warehouse and inventory teams
Compliance & Reporting
Ensure procurement complies with company policies and regulations
Prepare reports on purchasing activities, cost savings, and supplier performance
Maintain audit-ready records
Maintain optimal stock levels
Reduce excess inventory and minimize wastage
Software & Skills
Valuable Knowledge of Tally EPR software
Excellent command on Excel