We are looking for an experienced and result-oriented Senior Manager Purchase to lead procurement activities, vendor management, cost optimization, commercial negotiations, and procurement operations. The candidate will be responsible for ensuring timely procurement of materials and services while maintaining quality, cost efficiency, compliance, and strong vendor relationships.
Key Responsibilities
1. Procurement & Purchase Management
- Develop and execute purchase strategies aligned with business requirements.
- Manage the complete procurement cycle from PR/RFQ to PO, GRN and invoice processing.
- Source materials and services from reliable and cost-effective vendors.
- Ensure timely availability of materials as per operational requirements.
- Monitor purchase orders, delivery schedules and pending procurement.
2.
Vendor Management
- Identify, evaluate, onboard and develop new vendors.
- Manage vendor performance based on quality, cost, delivery and service levels.
- Conduct regular vendor reviews and performance evaluations.
- Resolve vendor-related issues, disputes and delivery delays.
- Maintain solid and professional vendor relationships.
3. Cost Optimization & Negotiation
- Lead price and commercial negotiations with vendors.
- Conduct price benchmarking and should-cost analysis.
- Identify cost-reduction opportunities and achieve procurement savings.
- Negotiate payment terms, credit periods, delivery terms and commercial conditions.
- Monitor purchase price variance and total cost of ownership.
4. Inventory & Material Planning
- Coordinate with Operations and Stores teams for material requirements.
- Monitor stock levels, reorder levels and consumption patterns.
- Minimize excess, slow-moving and ob