Purchase Manager
- Steerway Business
- 99 Positions
- Rajkot
- 1 month ago
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Job Description
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Procurement and Sourcing:
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Identify and evaluate potential suppliers for raw materials, components, and equipment.
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Develop and implement sourcing strategies to optimize cost, quality, and delivery.
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Prepare purchase orders (POs) and maintain accurate records of transactions.
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Vendor Management:
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Establish and maintain relationships with key suppliers.
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Conduct vendor evaluations and performance assessments.
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Negotiate terms, prices, and delivery schedules with suppliers.
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Resolve issues related to quality, delivery, and billing.
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Cost and Budget Control:
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Analyze cost structures and identify opportunities for cost reduction.
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Manage procurement budgets and track spending against targets.
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Implement cost-saving initiatives without compromising quality.
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Inventory and Stock Management:
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Monitor inventory levels and coordinate with production for material requirements.
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Ensure timely replenishment of critical materials to avoid production downtime.
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Optimize stock levels through effective planning and forecasting.
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Compliance and Documentation:
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Ensure all procurement activities comply with company policies and industry regulations.
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Maintain accurate and up-to-date records of purchases, contracts, and inventory.
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Prepare procurement reports and analytics for management review.
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Cross-Functional Collaboration:
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Work closely with production, quality, and logistics teams to meet procurement requirements.
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Coordinate with finance for timely payment processing and budget compliance.
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Education:
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Bachelors degree in Mechanical Engineering, Industrial Engineering, Supply Chain Management, or a related field.
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Certification in Procurement and Supply Chain Management (e.g., CPSM, CPIM) is a plus.
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Experience:
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Purchase Engineer: 2-4 years of experience in manufacturing procurement.
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Purchase Executive: 4-7 years of experience in purchasing and supply chain management.
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Purchase Manager: 7+ years of experience with leadership skills in procurement.
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Technical Skills:
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Proficiency in ERP systems (e.g., SAP, Oracle) and MS Office Suite.
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Strong knowledge of manufacturing processes, raw materials, and supply chain management.
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Expertise in supplier sourcing, negotiation, and contract management.
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Understanding of quality standards (ISO, ASTM) and compliance requirements.
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Soft Skills:
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Excellent negotiation and interpersonal skills.
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Strong analytical and problem-solving abilities.
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Effective communication and relationship management.
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Detail-oriented with strong organizational skills.
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Cost savings achieved in procurement.
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On-time delivery rate of purchased items.
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Supplier performance and quality compliance.
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Inventory turnover and stock optimization.
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Accuracy of procurement documentation and records.
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Competitive salary with performance-based incentives.
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Health insurance and retirement plans.
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Professional development and training opportunities.
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A dynamic and collaborative work environment.
Job Title: Purchase Engineer/Executive/Manager
Location: Rajkot
Department: Procurement/Purchase
Reports To: Purchase/Procurement Head
Job Summary:
We are looking for a detail-oriented and proactive Purchase Engineer/Executive/Manager to manage the procurement of raw materials, components, and services for our manufacturing operations. The ideal candidate will have strong negotiation skills, technical knowledge of manufacturing processes, and experience in vendor management to ensure cost-effective and timely procurement.
Key Responsibilities:
Qualifications and Skills:
Key Performance Indicators (KPIs):
Benefits:
Employement Category:
Employement Type: Full timeIndustry: ManufacturingRole Category: PurchaseFunctional Area: Not SpecifiedRole/Responsibilies: Purchase ManagerContact Details:
Company: Steerway BusinessLocation(s): Rajkot
Keyskills: purchase management purchase planning supplier development inventory management inventory control procurement cost management supply management stock management supplier evaluation
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Steerway Business
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