Purchase Manager
- Full-time
- Job-Category: Procurement
- Job Type: Permanent
- Job Schedule: Full-Time
Job Description
We are seeking a highly organized and analytical Purchase Manager to join our team in Visakhapatnam, India. The ideal candidate will be responsible for overseeing all purchasing activities, managing vendor relationships, and ensuring cost-effective procurement of goods and services for our organization.
- Develop and implement purchasing strategies to optimize cost savings and improve operational efficiency
- Manage the entire procurement process, from identifying needs to finalizing purchases
- Negotiate contracts and agreements with vendors to secure favorable terms and pricing
- Analyze market trends, pricing, and supplier performance to make informed purchasing decisions
- Collaborate with cross-functional teams to understand and fulfill departmental needs
- Maintain accurate records of purchases, deliveries, and inventory levels
- Ensure compliance with company policies, procedures, and relevant regulations
- Develop and maintain strong relationships with key suppliers and vendors
- Implement and manage inventory control systems to optimize stock levels
- Prepare and analyze purchasing reports to support decision-making processes
- Continuously evaluate and improve purchasing processes to enhance efficiency and reduce costs
Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field
- Proven experience in procurement and supply chain management
- Strong knowledge of purchasing processes and vendor management
- Excellent negotiation skills with a track record of securing favorable terms
- Proficiency in Microsoft Office suite, particularly Excel
- Experience with inventory management systems and practices
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal abilities
- Demonstrated ability to make decisive and efficient decisions
- Detail-oriented with strong organizational skills
- Fluency in English, both written and verbal
- Knowledge of ERP systems and e-procurement platforms (preferred)
- Professional certification such as CPM or CPSM (preferred)