Brief Job Description:
The Purchasing manager is part of the Materials Management team, reporting solid
line to the Materials and Manufacturing Planning Manager.
He/She oversees our day-to-day purchasing operations. Purchasing Manager will be
responsible for managing a team of buyers, coordinating purchasing activities,
resolving exceptions, and ensuring timely procurement of goods and services
while focusing on Inventory optimization.
Responsibilities and Measurement Criteria with Time investment Needed on Each:
(This will describe the overall core responsibilities of the role, decision
making responsibilities etc.)
* Lead and manage the tactical purchasing team to ensure productive and
effective execution of purchasing activities.
* Develop and implement tactical purchasing strategies to optimize procurement
processes and achieve cost savings.
* Coordinate the creation and management of purchase orders within the Oracle
ERP/Cyberplan system, including monitoring PO status and resolving
exceptions.
* Analyze inventory turnover rates, carrying costs,
and stock-out rates to
identify opportunities for inventory optimization.
* Implement inventory management strategies such as ABC analysis, cycle
counting, and safety stock management to optimize inventory levels.
* Evaluate alternative sourcing options and supplier lead times to optimize
inventory replenishment processes.
* Collaborate with internal stakeholders, such as production, inventory
management, and finance, to ensure alignment of purchasing activities with
business objectives.
* Analyze purchasing data and performance metrics to identify trends,
opportunities for improvement, and areas of risk.
* Monitor market trends, supplier performance, and regulatory requirements to
inform procurement decisions and mitigate risks.
* Develop and maintain purchasing policies, procedures, and best practices to
ensure compliance with organizational standards and industry regulations.
* Provide leadership, guidance, and c
📌 Manager Purchasing (Pune)
🏢 Vertiv
📍 Pune