Job Summary
We are looking for a
Purchase Manager
to manage raw material procurement, cost optimization, and supplier consolidation in the
Plastic manufacturing industry
. The ideal candidate will be responsible for
ensuring timely procurement, cost savings, and maintaining inventory norms while driving LEAN procurement initiatives
.

Key Responsibilities
- Procurement & Inventory Management:
- Ensure raw material procurement as per budget and on time, preventing excess stock or stockouts.
- Define and maintain inventory norms with Min-Max levels for all plants to optimize material flow.
- Cost Optimization & Supplier Management:
- Achieve cost savings as per budget through better market buying strategies, including:
- Alternative sourcing (current suppliers, countries, trade agreements).
- Alternative materials (near prime, direct sourcing, price negotiation).
- Turnover discounts & year-on-year cost reductions.
- Supplier consolidation & rationalization (RM, packaging, transport, consumables).
- Budget Control & Expense Monitoring:
- Ensure Capex control as per budget.




- Monitor and control packing & consumables expenses as per budget.
- Maintain repair & maintenance expenses within budget.
- Market Intelligence & Reporting:
- Monitor and report raw material price trends against external material boards for informed decision-making.
- LEAN Procurement & Data-Driven Initiatives:
- Lead UDAAN - LEAN PROCUREMENT Project, ensuring Plan vs Actual performance tracking for continuous improvement.

Key Skills & Competencies
- Strong expertise in procurement strategies, supplier negotiations, and cost optimization.
- Knowledge of inventory management, budgeting, and financial controls.
- Proficiency in market research, sourcing strategies, and price trend analysis.
- Experience in LEAN procurement methodologies and data-based decision-making.
- Excellent problem-solving, analytical, and negotiation skills.

Qualifications & Experience
- Bachelor's/Master’s degree in Supply Cha

📌 Purchases Manager (Chennai)
🏢 Altraize
📍 Chennai