Purchase Manager
Visakhapatnam, INDIA
Job description
Job Description
We are seeking a highly organized and analytical Purchase Manager to join our team in Visakhapatnam, India. The ideal candidate will be responsible for overseeing all purchasing activities, managing vendor relationships, and ensuring cost-effective procurement of goods and services for our organization.
· Develop and implement purchasing strategies to optimize cost savings and improve operational efficiency
· Manage the entire procurement process, from identifying needs to finalizing purchases
· Negotiate contracts and agreements with vendors to secure favorable terms and pricing
· Analyze market trends, pricing, and supplier performance to make informed purchasing decisions
· Collaborate with cross-functional teams to understand and fulfill departmental needs
· Maintain accurate records of purchases, deliveries, and inventory levels
· Ensure compliance with company policies, procedures, and relevant regulations
· Develop and maintain strong relationships with key suppliers and vendors
· Implement and manage inventory control systems to optimize stock levels
· Prepare and analyze purchasing reports to support decision-making processes
· Continuously evaluate and improve purchasing processes to enhance efficiency and reduce costs
Qualifications
· Bachelor's degree in Business Administration, Supply Chain Management, or a related field
· Proven experience in procurement and supply chain management
· Strong knowledge of purchasing processes and vendor management
· Excellent negotiation skills with a track record of securing favorable terms
· Proficiency in Microsoft Office suite, particularly Excel
· Experience with inventory management systems and practices
· Strong analytical and problem-solving skills
· Excellent communication and interpersonal abilities
· Demonstrated ability to make decisive and efficient decisions
· Detail-oriented with strong organizational skills
· Fluency in English, both written and verbal
· Knowledge of ERP systems and e-procurement platforms (preferred)
· Professional certification such as CPM or CPSM (preferred)