Purchasing Manager
Purchasing Manager
Posted on :
28-12-2024
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1 Vacancy
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Job Description
Job Title: Purchasing Manager
Location: Hyderabad
Job Overview:
We are seeking an experienced and detailoriented Purchasing Manager to join our team. This position is responsible for overseeing the procurement process managing vendor relationships and ensuring the companys purchasing needs are met efficiently and costeffectively. The ideal candidate will have strong negotiation skills experience in supply chain management and the ability to lead a team while ensuring the timely delivery of goods and services.
Key Responsibilities:
Procurement Management: Develop and execute the procurement strategy ensuring a consistent supply of goods and services in line with business needs.
Vendor Management: Identify evaluate and negotiate contracts with suppliers and vendors to obtain the best pricing and terms while maintaining highquality standards.
Inventory Control: Monitor inventory levels and ensure orders are placed in a timely manner to avoid shortages or overstocking.
Cost Management: Work to optimize purchasing costs and reduce overall procurement expenses without compromising product quality or delivery schedules.
Supplier Relationships: Establish and maintain strong working relationships with key suppliers to ensure reliable and efficient supply chain operations.
Contract Negotiation: Lead negotiations for purchasing agreements and contracts ensuring compliance with company policies and legal standards.
Team Leadership: Supervise train and mentor the purchasing team ensuring they meet performance goals and adhere to procurement best practices.
Market Research: Stay updated on industry trends market conditions and supplier developments to make informed purchasing decisions.
Compliance: Ensure all procurement activities are in compliance with internal policies regulatory requirements and industry standards.
Reporting & Analysis: Prepare and present reports on purchasing activities savings and market trends to management.
Collaboration: Work closely with departments such as operations finance and production to align purchasing activities with organizational needs.
Requirements:
Education: Bachelors degree in Business Administration Supply Chain Management Logistics or a related field.
Experience: Minimum of 10 years of experience in purchasing procurement or supply chain management. Experience managing a team is essential.
Skills:
Strong negotiation and communication skills
Excellent problemsolving abilities
Knowledge of procurement software and tools (e.g. Stone profits SAP Oracle or other ERP systems)
Analytical mindset with attention to detail
Ability to manage multiple priorities and work under pressure
Strong understanding of cost analysis and budget management
Certifications: Certified Professional in Supply Management (CPSM) or similar certification is a plus.
Knowledge of Industry: Familiarity with industry specifics e.g. manufacturing retail healthcare procurement processes is preferred.
Preferred Qualifications:
Advanced degree (e.g. MBA)
Previous experience with global sourcing and international suppliers
Knowledge of Lean or Six Sigma methodologies
Physical Requirements:
Ability to work in an office environment
Occasional travel to supplier locations or trade shows
Work Environment:
Fulltime position with standard office hours The company may request shift schedule to overlap with the US customers.
Some travel may be required for supplier meetings or industry events.
Location: Hyderabad
Job Overview:
We are seeking an experienced and detailoriented Purchasing Manager to join our team. This position is responsible for overseeing the procurement process managing vendor relationships and ensuring the companys purchasing needs are met efficiently and costeffectively. The ideal candidate will have strong negotiation skills experience in supply chain management and the ability to lead a team while ensuring the timely delivery of goods and services.
Key Responsibilities:
Procurement Management: Develop and execute the procurement strategy ensuring a consistent supply of goods and services in line with business needs.
Vendor Management: Identify evaluate and negotiate contracts with suppliers and vendors to obtain the best pricing and terms while maintaining highquality standards.
Inventory Control: Monitor inventory levels and ensure orders are placed in a timely manner to avoid shortages or overstocking.
Cost Management: Work to optimize purchasing costs and reduce overall procurement expenses without compromising product quality or delivery schedules.
Supplier Relationships: Establish and maintain strong working relationships with key suppliers to ensure reliable and efficient supply chain operations.
Contract Negotiation: Lead negotiations for purchasing agreements and contracts ensuring compliance with company policies and legal standards.
Team Leadership: Supervise train and mentor the purchasing team ensuring they meet performance goals and adhere to procurement best practices.
Market Research: Stay updated on industry trends market conditions and supplier developments to make informed purchasing decisions.
Compliance: Ensure all procurement activities are in compliance with internal policies regulatory requirements and industry standards.
Reporting & Analysis: Prepare and present reports on purchasing activities savings and market trends to management.
Collaboration: Work closely with departments such as operations finance and production to align purchasing activities with organizational needs.
Requirements:
Education: Bachelors degree in Business Administration Supply Chain Management Logistics or a related field.
Experience: Minimum of 10 years of experience in purchasing procurement or supply chain management. Experience managing a team is essential.
Skills:
Strong negotiation and communication skills
Excellent problemsolving abilities
Knowledge of procurement software and tools (e.g. Stone profits SAP Oracle or other ERP systems)
Analytical mindset with attention to detail
Ability to manage multiple priorities and work under pressure
Strong understanding of cost analysis and budget management
Certifications: Certified Professional in Supply Management (CPSM) or similar certification is a plus.
Knowledge of Industry: Familiarity with industry specifics e.g. manufacturing retail healthcare procurement processes is preferred.
Preferred Qualifications:
Advanced degree (e.g. MBA)
Previous experience with global sourcing and international suppliers
Knowledge of Lean or Six Sigma methodologies
Physical Requirements:
Ability to work in an office environment
Occasional travel to supplier locations or trade shows
Work Environment:
Fulltime position with standard office hours The company may request shift schedule to overlap with the US customers.
Some travel may be required for supplier meetings or industry events.
Employment Type
Full Time
Key Skills
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