Job Summary: The Purchase Manager is responsible for managing and optimizing the procurement of materials, equipment, and services required for manufacturing operations. This role ensures cost-effective purchasing strategies, maintains supplier relationships, and ensures uninterrupted supply to support production schedules while adhering to quality and compliance standards. Key Responsibilities: 1. Procurement & Sourcing: ● Develop and implement effective procurement strategies for required materials, machinery, and consumables. ● Identify, evaluate, and negotiate with suppliers to secure the best pricing and quality. ● Ensure timely procurement of materials to avoid production delays. ● Establish and maintain long-term supplier relationships. 2. Vendor Management: ● Conduct vendor evaluations and audits to ensure quality, reliability, and compliance. ● Develop a strong vendor base to reduce risks and improve cost efficiency. ● Monitor supplier performance based on price, quality, and delivery timelines. ● Resolve vendor disputes and ensure smooth communication between vendors and internal teams. 3. Cost Management & Budgeting: ● Optimize procurement costs through cost analysis and negotiation. ● Develop and manage the purchasing budget to control expenses. ● Implement cost-saving initiatives without compromising quality and efficiency. 4. Inventory & Supply Chain Management: ● Work closely with the production and internal teams to maintain optimum inventory levels. ● Implement just-in-time (JIT) procurement strategies where feasible. 5. Compliance & Documentation: ● Ensure all purchases comply with company policies and regulatory requirements. ● Maintain accurate procurement records, purchase orders, and contracts/agreements. 6. Process Improvement & Reporting: ● Develop and implement best practices to improve procurement efficiency. ● Generate reports on procurement activities, cost savings, and supplier performance for senior management. Qualifications & Skills: Education & Experience: ● Education: Bachelor’s degree in Supply Chain Management, Business Administration, or related field from a reputed institute. Master’s degree preferred. ● Minimum of 10-15 years of experience in procurement, preferably in a manufacturing or industrial sector. ● Experience with tally prime is an advantage. Key Skills: ● Strong negotiation and vendor management skills. ● Excellent analytical and problem-solving abilities. ● Knowledge of procurement policies, and vendor management. ● Strong leadership and communication skills. ● Ability to work under pressure and meet deadlines. ● Proficiency in MS Office.