Job Description:
A purchase managers job involvesstrategizing sourcing and purchasing the necessary goods and services for a company managing supplier relationships negotiating contracts and overseeing the procurement process to ensure cost-effectiveness and quality.Key responsibilities include analyzing market trends managing inventory building and leading a purchasing team and ensuring compliance with company policies and regulations. Develop and implement procurement strategies:
Create and execute policies for purchasing decisions ensuring alignment with overall organizational goals and maximizing resource utilization.
Evaluate and select suppliers:
Research identify and evaluate potential vendors and suppliers to establish reliable partnerships.
Negotiate contracts:
Lead and manage contract negotiations with suppliers to secure favorable terms for goods and services.
Manage inventory:
Oversee inventory levels ensuring appropriate stock to meet demand and devising strategies for the profitable disposal of excess or obsolete items.
Lead and manage the purchasing team:
Supervise and guide a team of buyers and purchasing agents setting departmental goals providing training and ensuring efficient collaboration.
Monitor market trends and cost savings:
Analyze market trends and new technologies to identify opportunities for cost reduction and process improvement.
Ensure compliance:
Maintain ethical practices and ensure that all purchasing activities comply with company policies federal and state laws.
Manage relationships:
Foster and maintain strong long-term relationships with existing and potential suppliers and internal stakeholders.
Report on activities:
Document log and report on procurement activities including contract performance and vendor evaluations.
Skills and Qualifications
- Analytical and critical thinking skills:Essential for analyzing market trends data and supplier performance.
- Strong negotiation and communication skills:Crucial for securing beneficial supplier contracts and collaborating effectively with internal and external parties.
- Planning and organizational skills:Necessary for managing complex procurement processes and inventory.
- Leadership and team management abilities:Required to effectively lead and motivate a purchasing department.
- Proficiency in procurement software and ERP systems:Familiarity with relevant technology is vital for managing operations.
- Education:A Bachelors degree in Business Commerce or a related field often with a focus on Supply Chain Management is typically required.
JOB APPLY
DETAILS -
Name - NAMRATA
Number -
Mail id -
Required Experience:
Manager
Job Description:A purchase managers job involvesstrategizing sourcing and purchasing the necessary goods and services for a company managing supplier relationships negotiating contracts and overseeing the procurement process to ensure cost-effectiveness and quality.Key responsibilities include analy...
Job Description:
A purchase managers job involvesstrategizing sourcing and purchasing the necessary goods and services for a company managing supplier relationships negotiating contracts and overseeing the procurement process to ensure cost-effectiveness and quality.Key responsibilities include analyzing market trends managing inventory building and leading a purchasing team and ensuring compliance with company policies and regulations. Develop and implement procurement strategies:
Create and execute policies for purchasing decisions ensuring alignment with overall organizational goals and maximizing resource utilization.
Evaluate and select suppliers:
Research identify and evaluate potential vendors and suppliers to establish reliable partnerships.
Negotiate contracts:
Lead and manage contract negotiations with suppliers to secure favorable terms for goods and services.
Manage inventory:
Oversee inventory levels ensuring appropriate stock to meet demand and devising strategies for the profitable disposal of excess or obsolete items.
Lead and manage the purchasing team:
Supervise and guide a team of buyers and purchasing agents setting departmental goals providing training and ensuring efficient collaboration.
Monitor market trends and cost savings:
Analyze market trends and new technologies to identify opportunities for cost reduction and process improvement.
Ensure compliance:
Maintain ethical practices and ensure that all purchasing activities comply with company policies federal and state laws.
Manage relationships:
Foster and maintain strong long-term relationships with existing and potential suppliers and internal stakeholders.
Report on activities:
Document log and report on procurement activities including contract performance and vendor evaluations.
Skills and Qualifications
- Analytical and critical thinking skills:Essential for analyzing market trends data and supplier performance.
- Strong negotiation and communication skills:Crucial for securing beneficial supplier contracts and collaborating effectively with internal and external parties.
- Planning and organizational skills:Necessary for managing complex procurement processes and inventory.
- Leadership and team management abilities:Required to effectively lead and motivate a purchasing department.
- Proficiency in procurement software and ERP systems:Familiarity with relevant technology is vital for managing operations.
- Education:A Bachelors degree in Business Commerce or a related field often with a focus on Supply Chain Management is typically required.
JOB APPLY
DETAILS -
Name - NAMRATA
Number -
Mail id -
Required Experience:
Manager
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