Purchase Manager (Bengaluru)

Purchase Manager (Bengaluru)

24 Sep
|
Instrument Research Associates
|
Bengaluru

24 Sep

Instrument Research Associates

Bengaluru

Urgent requirement with minimum or no notice period

Job Title: Purchase Manager

Department: Supply Chain / Procurement

Location: Bangalore

Reporting To: CEO

Key Responsibilities:

1. Procurement & Sourcing

- Develop and implement procurement strategies for electronic and electromechanical components.
- Identify potential suppliers, evaluate proposals, and finalize vendor selection.
- Maintain updated knowledge of market trends, current technologies, and cost fluctuations.
- Sourcing experience in sheet metal components, pneumatics, PCB assemblies, power supplies, air compressor components, packaging materials, FRP and Composite Materials is added advantage.

2. Vendor Management

- Build and maintain strong relationships with domestic and international suppliers.
- Conduct supplier audits and evaluations (quality, delivery, pricing, reliability).
- Negotiate best pricing, payment terms, delivery schedules, and long-term agreements.
- Ensure suppliers meet quality and compliance standards.

3. Purchase Operations

- Raise and issue purchase orders ensuring accuracy in specifications, quantities, and timelines.
- Track order status, follow up on deliveries, and manage any delays or shortages proactively.
- Coordinate with stores, production, engineering, and QA for material planning and inventory requirements.
- Maintain optimum stock levels while avoiding overstocking.

4. Cost Control & Optimization

- Monitor price trends and develop strategies to achieve cost savings.




- Support in annual budgeting and cost forecasting for materials.
- Identify opportunities to localize imports or develop new alternate vendors.

5. Quality & Compliance

- Ensure all procured items meet technical specifications and quality standards.
- Coordinate with QC/Engineering teams for incoming material inspection and technical clarifications.
- Ensure compliance with statutory requirements, certifications, and company policies.

6. Documentation & Reporting

- Maintain accurate records of purchase orders, vendor contracts, price lists, and delivery schedules.
- Generate periodic reports on purchase performance, cost savings, vendor performance, and lead times.
- Support internal and external audits related to procurement.

Qualifications & Experience:

- Bachelor's degree in engineering / supply chain / business management.
- 8 to 10 years of experience in procurement of electronic or electromechanical components.
- Strong understanding of electronic components, bill of materials, and engineering drawings.
- Experience with ERP systems (SAP / Oracle / Tally / Any ERP).
- Knowledge of import procedures (preferred).

Skills Required:

- Strong negotiation and vendor management skills.
- Excellent understanding of supply chain processes.
- Analytical and cost-optimization mindset.
- Good communication and interpersonal skills.
- Ability to work under tight timelines and manage multiple priorities.
- Problem-solving and decision-making abilities.

📌 Purchase Manager (Bengaluru)
🏢 Instrument Research Associates
📍 Bengaluru

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