Position: Purchase Manager
Qualification: BE/BTech or MBA
Experience: 7-10yrs in manufacturing industries.
The Purchasing Manager is responsible for overseeing all inventory, supplies, and capital goods purchases for the organization. Evaluate and recommend vendors and determine the most cost-effective inventory and reorder levels. Negotiating price, delivery, and credit terms.
PURCHASING OFFICER ESSENTIAL DUTIES AND RESPONSIBILITIES:
•Responsible for efficient purchasing of inventory, supplies, and capital equipment. Receives purchase requisitions and verifies for accuracy and authorization.
•Knowledge of overseas purchases i.e. in countries like India, China, Europe etc.
•Knowledge of capital purchases like plant equipment & machineries, accessories & consumables.
•Knowledge of service contracts evaluation like AMCs, on call services etc.
•Periodically evaluates vendors/suppliers and advises management when vendors are not meeting requirements of standards of supply & services.
•Evaluates and recommends new/substitute vendors, when necessary.
•Prepares and issues purchase orders; determines and negotiates prices, delivery and credit terms;
•Buys according to established company policies and procedures; maintains accurate purchasing records.
•Responsible for evaluating, assessing and selecting vendors based on capabilities, performance and consistent quality through documents procedures.
•Maintains rapport and good working relationships with vendors; keeps accurate vendor records.
•Evaluates inventory reorder levels and quantity price breaks to determine most economical purchasing of inventory and supplies in relationship to company’s cost of capital.
•Prepares monthly reports and reviews forecast of purchasing commitments with Vice President of Finance.
•Expedites purchase orders as necessary and ensures delivery of purchased items for uninterrupted manufacturing flow.
•Performs other purchasing or inventory control duties as necessary or as requested.
•Works in close coordination with internal stake holders to get correct material in terms quality & specifications.
•Maintaining all Reports related to purchase department.
•Coordinates activities with all departments like Manufacturing, Accounts Payable, and Receiving. Works with the plant Engineers / QC team / Stores team to ensure quality of purchased materials and inventory sustenance.