Purchase Manager

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

• 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)