Purchase & Inventory Manager

Department: Operations & Supply Chain
Location: Pune, Maharashtra

Objective

To manage end-to-end procurement, vendor relationships, commercial negotiations, inventory control, and timely material availability for manufacturing and onsite installation activities.

Key Responsibilities

1. Purchase & Procurement

- Obtain quotations from multiple vendors and compare prices, specifications, quality, and delivery timelines.
- Negotiate purchase prices, discounts, credit periods, payment terms, and other commercial conditions.
- Evaluate vendors based on pricing, quality, reliability, and delivery performance.
- Generate and manage purchase orders and ensure timely procurement of raw materials, electronic components, electrical items, and hardware.
- Track pending orders and coordinate with suppliers for timely delivery.

2. Commercial & Invoice Management

- Verify vendor quotations, purchase orders, delivery challans, and invoices.
- Compare invoice prices against approved quotations and purchase orders.
- Identify and resolve pricing discrepancies, incorrect billing, and excess charges.
- Coordinate with the accounts team for invoice processing, payment scheduling, and vendor outstanding management.
- Maintain records of negotiated rates, payment terms, and vendor agreements.

3. Inventory & Stock Management

- Maintain accurate inventory records and ensure regular physical stock verification.
- Monitor stock levels and initiate procurement based on minimum stock levels and project requirements.
- Track material receipts,



consumption, returns, shortages, and damaged items.
- Ensure proper storage, identification, and traceability of materials.
- Maintain inventory reports and minimize excess stock, wastage, and material shortages.

4. Material Planning & Site Coordination

- Coordinate with production and onsite installation teams to understand material requirements.
- Issue materials against approved requirements and maintain proper material issue records.
- Ensure timely availability of materials at project sites.
- Track unused materials returned from sites and reconcile material consumption.
- Plan procurement according to project schedules and production requirements.

Required Skills & Qualifications

- Graduate in Commerce, Supply Chain Management, Engineering, or a related field.
- 3–5 years of experience in purchase, procurement, vendor management, and inventory control.
- Strong negotiation, price comparison, and commercial evaluation skills.
- Positive knowledge of purchase orders, invoices, payment terms, credit periods, and vendor reconciliation.
- Proficiency in MS Excel and ERP/inventory management software.
- Experience with electronic components, electrical products, hardware, or manufacturing materials will be preferred.
- Strong organizational skills, attention to detail, and accountability.

Job Types: Full-time, Permanent

Pay: From ₹500,000.00 per year

Benefits:

- Health insurance
- Provident Fund

Experience:

- total work: 1 year (Required)

Work Location: In person

📌 Purchase & Inventory Manager (Baner)
🏢 Advaint Technologies
📍 Baner