Designation : Purchase Manager
Job Description : Job Description: Procurement Strategy: Develop and implement procurement strategies aligned with the company's goals and objectives to ensure timely and cost-effective acquisition of goods and services. Supplier Management: Identify, evaluate, and select reliable suppliers/vendors based on quality, cost, reliability, and delivery timelines. Negotiate contracts and terms to secure favorable pricing and service agreements. Inventory Management: Oversee inventory levels to optimize stock levels and minimize carrying costs. Monitor inventory turnover and implement measures to reduce excess or obsolete inventory. Purchase Planning: Forecast procurement needs based on production schedules, sales forecasts, and inventory levels. Coordinate with production, sales, and other departments to ensure timely availability of materials and supplies. Cost Control: Analyze procurement costs and identify opportunities for cost savings through negotiation, bulk purchasing, supplier consolidation, and alternative sourcing strategies. Quality Assurance: Ensure that purchased materials and supplies meet quality standards and specifications. Conduct quality inspections and implement corrective actions as needed to address non-conformities. Compliance: Ensure compliance with company policies, procedures, and regulatory requirements related to procurement, including ethical sourcing practices, import/export regulations, and tax compliance. Vendor Performance Evaluation: Monitor vendor performance and conduct regular performance reviews to assess adherence to contract terms, delivery performance, quality of goods/services, and overall satisfaction. Documentation and Reporting: Maintain accurate records of procurement activities, including purchase orders, contracts, invoices, and vendor communications. Prepare and present periodic reports on procurement performance, cost savings, and key metrics. Team Management: Lead and supervise the procurement team, providing guidance, training, and support to ensure efficient and effective procurement operations. Qualifications: Bachelor's degree in Supply Chain Management, Business Administration, or a related field. Proven experience as a Purchase Manager or similar role in the manufacturing or steel industry. Strong negotiation skills and ability to build and maintain effective relationships with suppliers/vendors. Knowledge of procurement best practices, sourcing strategies, and inventory management techniques. Proficiency in procurement software and MS Office applications. Excellent communication, analytical, and problem-solving skills. Ability to work under pressure and meet tight deadlines in a fast-paced environment.
Job Location : Howrah
Role :
Purchase
CTC : ₹360,000 P.A. - ₹400,000 P.A.