Purchase Manager

 Role Summary

·     Responsible for end-to-end procurement of raw materials, packaging materials, consumables, and services required for Praveedh’s manufacturing and distribution operations.

·     Ensures cost-effective purchasing, reliable supplier performance, optimal inventory levels, and strict adherence to quality and compliance standards.

·     Supports supply chain efficiency across factories, warehouses, and vendor networks.

Responsibilities: 

1. Procurement Strategy & Planning

·     Develop and execute procurement strategy aligned with business goals, cost targets, and production plans.

·     Conduct spend analysis and implement cost-reduction initiatives without compromising quality or supply reliability.

·     Forecast purchasing requirements based on production schedules, sales projections, and stock norms.

2. Supplier Identification & Development

·     Identify, evaluate, and onboard suppliers for raw materials, hardware, sheets, boards, packaging items, and operational services.

·     Conduct supplier capability audits, commercial negotiations, and contract finalization.

·     Build long-term supplier partnerships to ensure consistent quality, stable pricing, and supply continuity.

3. Procurement Operations & Negotiations

·     Lead RFQs, comparative analysis, price benchmarking, and negotiation of commercial terms (pricing, lead times, payment terms, warranty, MOQs).

·     Ensure timely issuance of purchase orders and adherence to internal approval workflows.

·     Drive annual and quarterly rate contracts with key suppliers.

4. Inventory Management & Coordination

·     Work closely with supply chain, production, and warehouses to maintain optimal stock levels.

·     Monitor inbound material timelines, track delays, and ensure minimal stock-outs or excess inventory.

·     Coordinate with logistics for efficient inbound freight, routing, and cost optimisation.

5. Quality & Compliance

·     Ensure all purchased materials meet the technical specifications and quality requirements defined by production and QA.

·     Manage rejections, deviations, and supplier corrective action reports.

·     Ensure compliance with statutory and environmental requirements applicable to material sourcing.

6. Cost Control & Budget Management

·     Track procurement spend and identify saving opportunities through strategic sourcing, alternate vendors, and process improvements.

·     Maintain cost sheets, price movement dashboards, and procurement KPIs.

·     Support finance in timely GRNs, invoice reconciliation, and vendor payments.

7. Cross-Functional Collaboration

·     Work with production, supply chain, and product teams for new material development, trials, and approvals.

·     Coordinate with production to align lead times and raw material availability.

·     Support commercial, sales, and factory teams with procurement insights impacting operations.

8. Reporting & MIS

·     Maintain accurate procurement records, rate cards, vendor lists, delivery schedules, and performance logs.

·     Provide weekly/monthly reports on purchase status, cost savings, supplier performance, and risk areas.

·     Lead periodic supplier reviews and present performance dashboards to management.

• It is a Full Time Manufacturing job for candidates with 4 - 6 years of experience.