Purchase Manager

Job Title: Purchase Manager

Role Purpose

To ensure uninterrupted supply of raw materials, consumables, spare parts, and services at the best possible price, quality, and delivery timelines to support manufacturing operations.

Roles & Responsibilities (R&R)

1. Procurement Planning

• Forecast material requirements based on production schedules.

• Prepare and review purchase plans weekly/monthly.

• Maintain optimum inventory levels (Min-Max control).

2. Supplier Sourcing & Management

• Identify potential suppliers and maintain supplier database.

• Develop new vendors for critical items and import substitution.

• Conduct supplier audits with QA/Engineering.

3. Negotiation & Contract Management

• Evaluate quotations and negotiate for best pricing, payment terms, and logistics.

• Prepare Purchase Orders, agreements, and long-term contracts where applicable.

4. Cost Control & Optimization

• Run cost benchmarking and drive cost reduction initiatives.

• Track commodity price trends (Steel, Copper, Chemicals, Packaging material, etc.).

• Support Make vs Buy decisions.

5. Delivery & Quality Monitoring

• Track PO delivery status and follow up with suppliers.

• Coordinate with QC for incoming inspection and non-conformance reports.

• Implement corrective actions for supplier delays or quality failures.

6. Compliance & Documentation

• Maintain records for GST, Import/Export, Bill of Materials (BOM), etc.

• Ensure compliance with company policies, audit requirements, and regulatory standards.

7. ERP & MIS Reporting

• Manage procurement through ERP systems (SAP/Oracle/Tally/Odoo/Zoho).

• Generate reports: Purchase Spend Analysis, Supplier Performance Index, Inventory Report, Lead Time, etc.

Qualifications

• Bachelor’s Degree (Engineering preferred for technical industries)

• MBA in Supply Chain or Materials Management (Added advantage)

Preferred Experience Areas

• Raw materials procurement (Metals, Plastics, Chemicals, Electronics—depending on industry)

• Vendor development & supplier quality management

• Import procurement and logistics (optional based on industry)

Competencies

• Strong negotiation and analytical thinking

• Leadership and vendor relationship management

• Time management and problem-solving

• Ethical and professional conduct

• It is a Full Time Back Office / Data Entry job for candidates with 4 - 6 years of experience.

More about this Purchase Manager job

1. What is the eligibility criteria to apply for this Purchase Manager job?
   Ans: The candidate should be Graduate and above and above with 4 - 6 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹50000 - ₹70000 per month that depends on your interview. It's a Full Time job in Nagpur.
3. How many working days are there for this Purchase Manager job?
   Ans: This Purchase Manager job will have 6 working days.
4. Are there any charges applicable while applying or joining this Purchase Manager job?
   Ans: No, there is no fee applicable for applying this Purchase Manager job and during the employment with the company, i.e., Wellspring Industries Private Limited.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Purchase Manager role?
   Ans: There is an immediate opening of 1 Purchase Manager at Wellspring Industries Private Limited
7. Who can apply for this job?
   Ans: Only Male candidates can apply for this Back Office / Data Entry job.
8. What are the timings of this Purchase Manager job?
   Ans: This Purchase Manager job has 09:00 AM - 06:00 PM timing.