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10 years

4 - 7 Lacs

Posted:1 day ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

AN ISO 9001-2015 manufacturing laboratory fine chemicals located at jeedimetla, Hyderabad is looking for the following positions.

A Purchase Manager in a manufacturing company is responsible for overseeing the procurement of materials, supplies, and equipment needed for production, ensuring cost-effectiveness, quality, and timely delivery. They develop and implement purchasing strategies, manage supplier relationships, negotiate contracts, and maintain inventory levels. They also supervise a team of buyers, manage the purchasing budget, and ensure compliance with company policies and regulations.

Key Responsibilities:

· Developing and Implementing Purchasing Strategies:

Creating and executing strategies to optimize the procurement process, including sourcing, negotiation, and supplier selection.

· Supplier Management:

Identifying potential suppliers, evaluating their capabilities, negotiating contracts, and building strong, long-term relationships.

· Negotiating Contracts:

Securing favourable terms and pricing for goods and services, including price, delivery schedules, and payment terms.

· Inventory Management:

Working with inventory control to determine optimal stock levels, minimize carrying costs, and prevent shortages.

· Cost Management:

Monitoring and controlling purchasing costs, identifying opportunities to reduce expenses, and ensuring the company stays within budget.

· Quality Assurance:

Ensuring that purchased materials meet required quality standards and specifications.

· Team Management:

Supervising and mentoring a team of buyers, delegating tasks, and fostering a collaborative work environment.

· Compliance:

Ensuring all purchasing activities comply with company policies, legal regulations, and ethical standards.

· Reporting:

Preparing reports on purchasing activities, expenditures, and key performance indicators (KPIs) for management review.

Skills and Qualifications:

· Leadership and Management:

Experience in leading and motivating a team, delegating tasks, and providing guidance.

· Negotiation Skills:

Ability to negotiate favourable terms and pricing with suppliers.

· Analytical Skills:

Ability to analyse data, identify trends, and make informed purchasing decisions.

· Communication Skills:

Excellent written and verbal communication skills for interacting with suppliers and internal stakeholders.

· Problem-Solving Skills:

Ability to identify and resolve issues related to procurement, such as supplier delays or quality problems.

· Technical Skills:

Proficiency in using purchasing software, ERP systems, and Microsoft Office Suite.

· Knowledge of Supply Chain Management:

Understanding of the principles and practices of supply chain management, including inventory management, logistics, and procurement.

In essence, the Purchasing Manager plays a crucial role in ensuring the smooth and cost-effective operation of a manufacturing company by effectively managing the procurement of goods and services.

Qualification required: M.com/ post-graduation in materials management with minimum 10years experience in chemical/pharma manufacturing units.

Job Types: Full-time, Permanent

Pay: ₹40,000.00 - ₹60,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Schedule:

  • Day shift

Work Location: In person

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