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Rico - Assistant Purchase Manager
Rico - Assistant Purchase ManagerRico Appliances Pvt Ltd • Mumbai, India
Rico - Assistant Purchase Manager

Rico - Assistant Purchase Manager

Rico Appliances Pvt Ltd • Mumbai, India
2 days ago
Job description

& Purchase Operations :

  • Manage Purchase Requisitions and convert them into Purchase Orders based on sales and production requirements.
  • Conduct supplier evaluations, manage quotations, and ensure competitive procurement.
  • Maintain accurate costing for products and support strategic purchasing decisions.

Vendor Development & Negotiation :

  • Lead vendor negotiations on pricing, contracts, credit terms, and service levels.
  • Build and maintain strong vendor relationships for long-term sourcing stability.
  • Evaluate vendor performance and recommend improvements or alternatives.
  • Inventory, Planning & Supply Chain Coordination :

  • Monitor stock levels, safety stock, reorder points, and consumption trends.
  • Collaborate with sales, warehouse, and production teams to ensure smooth supply chain flow.
  • Prevent stockouts and minimize excess inventory through effective planning.
  • Cost Control & Logistics Management :

  • Support cost optimization initiatives across purchasing and logistics functions.
  • Coordinate transportation, freight management, and delivery timelines.
  • Evaluate logistics costs and ensure cost-effective solutions.
  • Compliance, Documentation & Audit Preparedness :

  • Ensure adherence to procurement SOPs and compliance guidelines.
  • Support internal and external audits with proper documentation and reports.
  • Ensure timely vendor bill processing and payments.
  • Cross-Functional Collaboration :

  • Work closely with Finance, Production, Sales, and Warehouse teams to align procurement cycles.
  • Drive timely follow-ups to ensure operational efficiency and accuracy.
  • Qualifications & Desired MBA in Supply Chain, Operations, Materials Management, Procurement, or General Management (or relevant PG degree)

  • Engineering / Science background is a plus but not mandatory for MBA 2-5 years of relevant experience in :
  • Purchase & Procurement
  • Vendor Management
  • Supply Chain Coordination
  • Material Planning
  • Experience in Home Appliances, Consumer Electronics, Manufacturing, or FMCG preferred.
  • (ref : iimjobs.com)

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    Manager Purchase • Mumbai, India

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