Purchase Manager

Designation: Purchase Manager
Location: Mumbai
Position Reports to: Directors
Positions Reporting to Manager Procurement: Purchase Engineers

Basic job description
Plan, direct, organize, coordinate & control the entire strategic procurement activities to ensure increase in profit by reducing input Material cost.

Competence Profile
Education
B.E. / B Tech. / Diploma in Mechanical/Production
PG in materials management preferred
Experience: 8 to 10 years

Duties and Responsibilities

• Conduct research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality
• Crafting negotiation strategies and closing deals with optimal terms
• Perform cost and scenario analysis, and benchmarking
• Assess, manage and mitigate risks
• Monitor and forecast upcoming levels of demand
• Build and maintain good relationships with new and existing suppliers
• Negotiate and agree contracts, monitoring the quality of goods provided.
• Develop strategies to make sure that cost savings and supplier performance targets are met – or exceeded
• Forecast price trends and their impact on future activities
• Development of New Vendors, vendor evaluation & rating.
• Plan, Develop & Implement cost reduction strategies.
• Report the performances regularly and accurately, together with other matters of importance, to the Top Management in prescribed MIS format.
• To assist Top management in various areas as per requirement.

Specialized Knowledge

• Proven work experience as a Procurement manager.
• Plan & develop vendor network.
• Must be expert in strategic cost reduction.
• Excellent in costing
• Excellent negotiation skills
• Analytical skills with a problem-solving attitude

Personal Attributes

• Possess excellent verbal & written communication skills.
• Possess good negotiation skills
• Familiarity with MS Office
• Availability to travel as needed.