Job Summary:
The Purchase Manager is responsible for managing procurement activities, ensuring timely availability of materials, maintaining optimal stock levels, and conducting rate analysis to achieve cost efficiency in factory operations.
Key Responsibilities:
•	Plan and execute purchase activities for raw materials, consumables, and other factory requirements.
•	Identify and develop reliable vendors and suppliers.
•	Negotiate prices, terms, and contracts to achieve cost savings.
•	Conduct rate analysis and compare quotations to ensure best pricing.
•	Maintain optimal inventory stock levels to avoid shortages or overstocking.
•	Monitor inventory and coordinate with stores and production teams.
•	Ensure timely procurement to support uninterrupted production.
•	Prepare purchase orders and maintain proper documentation.
•	Track and evaluate supplier performance (quality, cost, delivery timelines).
•	Coordinate with accounts for invoice verification and payment processing.
•	Maintain purchase records and generate reports for management.
•	Ensure compliance with company policies and procedures.