Purchase Manager
CurrentFor Purchase Management• Managing daily purchasing activities, supervising staff, and allocating tasks. Managing supplier relations and negotiating contracts, prices, timelines, etc. Maintaining the supplier database, purchase records, and related documentation. Coordinating with inventory control to determine and manage inventory needs.•Setting up the weekly, monthly, quarterly procurement plan•Procurement of raw material from national and international market•Development of alternative local sources for imported raw materials which helps in cost saving•Purchasing machines with improved technology to increase production•Planning and budgeting of purchase functions, involving cost estimation, contract negotiations•Implementing systems to avoid situations like over-stocking or out-of-stock which cause production and financial losses•Liaison with finance department for timely payment of bills.•Developing reports on procurement and usage of material for top management.For Vendor Management•Effective management of vendor database.•ABC classification of vendors on the basis of criteria like cost, quality, timely delivery etc.•Conducting trainings for vendors to educate them about company’s requirements and help them in improving their performance.•Evaluating vendors & negotiating the price, delivery schedule and terms and conditions with them.•Timely clearance of payments & handling vendor inquiries.For Stores Management•Maintaining the stock of material without any variance by conducting stock verification and documentation.•Regularizing materia1l receipts and ensuring the fluidity of stocks from warehouse to storesFor Team Management•Lead and Monitor the performance of team members to ensure efficiency in operation and meeting of individual and group for smooth warehouse and logistics operations.•Identify and implement strategies for building team effectiveness by promoting a spirit of cooperation between team members.