- Implement purchasing policies, procedures and best practices.
- Identify and source new suppliers and vendors.
- Manage vendor and supplier selection process based on price, quality, support, capacity and reliability.
- Establish and update an approved vendor/supplier database.
- Develop, negotiate and administer purchasing agreements and contracts with suppliers in support of organizational requirements.
- Evaluate contracts to ensure compliance with legal requirements and organizational policies.
- Monitor supplier and vendor compliance with contractual agreements.
- Measure and manage vendor performance, quality and delivery performance.
- Oversee supplier compliance with internal quality standards and external regulations.
- Troubleshoot quality and delivery concerns.
- Manage risk relating to quality, cost, delivery and supply of purchases.
- Introduce performance measures for suppliers and vendors.
- Monitor and reduce purchase variances to meet profit objectives.
- Produce regular reports on purchase commitments, costs and delivery performance.
- Oversee the operations and daily activities of the purchasing department.
- Ensure good practice in pricing and cost preparation.
- Develop and implement purchasing strategies.
- Experience as a Purchase Manager or in a similar position.
- Deep knowledge of inventory and supply chain management.
- Excellent communication skills, both written and verbal.
- Strong critical thinking and negotiation skills.
- Strong planning and organizational skills.
Skill Set Required
- Experience in Purchase: Minimum 1015 years in similar activity.
- Experience in handling purchasing activities.
- Recent sourcing and establishment of suppliers/vendors.
- Working experience in Automotive OEM or Tier 1 companies with similar product lines.
- Ability to manage a team of 3–4 buyers.
📌 Procurement Manager (Bengaluru)
🏢 Abhilekha Information
📍 Bengaluru
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