We are looking for an experienced Purchase Manager to oversee product lifecycle management,
procurement strategies, vendor relations, government licensing, legal processes, and other
operational work. The ideal candidate will ensure smooth and timely order execution, cost
effective purchasing, and market-aligned product development while fostering strong
relationships with vendors and internal teams.
Key Responsibilities:
Product Development
Oversee the end-to-end product development process, including naming, design, and
packaging material selection.
Determine MOQ (Minimum Order Quantity) and set optimal pricing strategies based
on competition analysis.
Monitor competition pricing and make necessary adjustments to maintain a
competitive edge.
Plan Minimum Stocking Levels (MSL) and ensure advance planning for upcoming
seasons.
Purchase Management
Develop and implement timely procurement strategies.
Manage re-order levels by determining the right quantity and timing.
Negotiate pricing, terms, and conditions with suppliers to ensure cost efficiency.
Order Processing & Execution
Ensure smooth and timely execution of orders, minimizing delays and errors.
Collaborate with internal teams to streamline order processing workflows.
Vendor Management
Identify, scrutinize, onboard, and continuously update vendor databases.
Maintain and nurture long-term relationships with vendors.
Diversify vendor base to mitigate supply chain risks.
Bulk Purchase Management
Focus on the top 20% revenue-contributing products for bulk purchases.
Develop strategic procurement plans to optimize bulk purchasing benefits.
Payment & Account Reconciliation
Manage payment terms, credit notes, and pricing adjustments with vendors.
Ensure timely account reconciliation and confirmation from vendors.
Compliance, Government Licensing & Legal Processes
Ensure adherence to all statutory and legal requirements, including Principal
Certificates and Government Liaisoning.
Manage government licensing procedures and ensure compliance with all relevant
regulations.
Oversee legal documentation and processes related to procurement and product
development.
Inventory Management & Audit
Maintain inventory levels as per business plans and demand forecasts.
Conduct monthly physical audits and reconciliations to ensure inventory accuracy.
Cost & Freight Management
Optimize inward freight costs by working with standardized and preferred
transporters.
Ensure efficient and cost-effective logistics planning.
Team Training & Performance Management
Provide training and capacity-building programs for team development.
Conduct 1-on-1 coaching sessions and organize periodic training sessions.
Evaluate team performance through structured feedback (Continue, Start, Stop
framework).
Market Intelligence & Brand Tie-Ups
Conduct market research to track competition, pricing trends, new products, and
industry events.
Establish and maintain strategic brand tie-ups with companies like Sumitomo,
Dhanuka, FMC, Corteva, and others.