Job Description

We are seeking a highly skilled and experienced Purchase Manager to join our team in Visakhapatnam, India. As a Purchase Manager, you will play a crucial role in overseeing and optimizing our organization's procurement processes, ensuring cost-effectiveness, quality, and timely delivery of goods and services.

Develop and implement purchasing strategies aligned with organizational goals and objectives Manage vendor relationships, negotiate contracts, and secure favorable terms Analyze market trends, pricing, and supply chain dynamics to make informed purchasing decisions Oversee the entire procurement process, from requisition to delivery Collaborate with cross-functional teams to understand and meet their purchasing needs Maintain accurate records of purchases, contracts, and vendor performance Ensure compliance with company policies, industry regulations, and ethical standards Identify and implement cost-saving opportunities without compromising quality Conduct regular performance evaluations of suppliers and vendors Manage and mentor the purchasing team, fostering a culture of continuous improvement Prepare and analyze purchasing reports for senior management Stay updated on industry trends and best practices in procurement


Qualifications

Bachelor's degree in Business Administration, Supply Chain Management, or related field Minimum of 5 years of experience in purchasing or procurement, preferably in a managerial role Strong analytical and problem-solving skills with a detail-oriented approach Excellent communication and interpersonal skills to interact effectively with vendors and internal stakeholders Proficiency in procurement software, ERP systems, and advanced spreadsheet applications In-depth understanding of supply chain management principles and best practices Demonstrated ability to negotiate contracts and manage vendor relationships Experience in budget management and cost optimization Knowledge of industry regulations and compliance standards related to procurement Strong organizational skills with the ability to manage multiple projects simultaneously Proven track record of implementing process improvements and driving efficiency Experience in team leadership and mentoring Ability to work under pressure and meet deadlines in a fast-paced environment * Willingness to travel occasionally for vendor meetings or industry events