Purchasing Manager

The Purchase Manager is responsible for planning, sourcing, negotiating, and procuring materials,

services, and equipment required for the organization. This role ensures cost-effective purchasing,

maintains supplier relationships, and aligns procurement strategies with business objectives to

ensure uninterrupted operations.

Key Responsibilities

1. Procurement & Sourcing

• Develop and implement purchasing strategies aligned with company goals.

• Source reliable suppliers and vendors for raw materials, components, and services.

• Evaluate supplier performance based on quality, delivery, and cost.

• Ensure availability of materials to meet production and project schedules.

2. Vendor Management

• Build and maintain strong relationships with key suppliers.

• Conduct supplier audits and performance reviews.

• Identify and onboard new vendors to improve competitiveness and supply continuity.

• Resolve supplier-related issues including quality, delays, and cost discrepancies.

3. Negotiation & Cost Control

• Negotiate pricing, payment terms, contracts, and lead times.

• Monitor market trends and price fluctuations.

• Identify cost reduction opportunities and implement value engineering initiatives.

• Ensure procurement within budget and optimize total cost of ownership (TCO).

4. Procurement Operations

• Oversee purchase order creation, tracking, and closure.

• Ensure compliance with company policies and procurement procedures.

• Manage inventory levels in coordination with planning and warehouse teams.

• Maintain accurate records of purchases, pricing, and supplier agreements.

5. Cross-functional Coordination

• Collaborate with production, planning, quality, and finance teams.

• Align procurement plans with production schedules and demand forecasts.

• Support new product development by sourcing suitable materials and suppliers.

6. Risk Management & Compliance

• Identify supply chain risks and develop mitigation plans.

• Ensure compliance with legal, regulatory, and company standards.

• Handle contract management and legal documentation related to procurement.

Stakeholder Satisfaction (Internal Customers)

• Internal customer satisfaction score: ≥ 95%

• On-time material availability for production: ≥ 99%

• New product sourcing timelines: Adherence to deadlines

Compliance & Governance

• Audit non-conformities: Zero major deviations

• Contract adherence: 100%.

• Documentation accuracy: ≥ 99%

Key Performance Indicators (KPIs)

• Cost savings / cost reduction percentage

• Supplier on-time delivery performance

• Inventory turnover ratio

• Purchase price variance (PPV)

• Supplier quality performance and Warranty Management

Skills Required
Compliance, Negotiation, Cost Control, Risk Management