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386 Sevens Enterprises Jobs
Purchase Manager
10-12 years
Kochi, Thrissur, Kozhikode + 1 more
1 vacancy
Purchase Manager
Sevens Enterprises
posted 3+ weeks ago
Job Role Insights
Key skills for the job
Job Description
- Sevens Enterprises Pvt Ltd is looking for Purchase Managers to join our dynamic team and embark on a rewarding career journey
- you will play a vital role in the procurement and supply chain management of an organization
- This position involves sourcing suppliers, negotiating contracts, managing vendor relationships, and ensuring efficient procurement processes to meet the organization's needs
- Key Responsibilities:Vendor Sourcing:Identify and evaluate potential suppliers based on product quality, pricing, and reliability
- Develop and maintain a network of trusted and reliable vendors
- Negotiation:Negotiate favorable terms and conditions with suppliers to secure advantageous agreements
- Optimize pricing, payment terms, and delivery schedules
- Supplier Relationship Management:Cultivate and maintain strong relationships with existing and potential suppliers
- Address issues, resolve conflicts, and collaborate on continuous improvement
- Purchase Planning:Collaborate with various departments to understand their procurement needs
- Develop and implement purchase plans and strategies aligned with organizational goals
- Cost Analysis:Conduct cost analysis and price benchmarking to ensure cost-effectiveness
- Identify opportunities for cost savings and process improvements
- Contract Management:Draft, review, and manage contracts with suppliers
- Ensure compliance with contractual terms and conditions
- Quality Assurance:Collaborate with quality assurance teams to ensure products meet specified standards
- Implement quality control measures in the procurement process
- Inventory Management:Work closely with inventory and warehouse teams to manage stock levels
- Implement inventory control measures to avoid overstock or stockouts
- Risk Management:Identify potential risks in the supply chain and develop mitigation strategies
- Implement contingency plans to address supply chain disruptions
- Compliance:Ensure procurement activities comply with relevant regulations and industry standards
- Stay informed about changes in regulations and update procurement processes accordingly
- Budget Management:Develop and manage the procurement budget
- Monitor expenses, track variances, and report on budget performance
- Technology Utilization:Utilize procurement software and tools to streamline processes and enhance efficiency
- Stay updated on advancements in procurement technology
- Qualifications and Skills:Bachelor's degree in Business, Supply Chain Management, or a related field
- Proven experience in procurement or supply chain management, with a focus on strategic sourcing
- Strong negotiation and communication skills
- Analytical mindset with the ability to conduct cost analysis
- Knowledge of procurement regulations, contract law, and industry best practices
- Familiarity with procurement software and tools
- Excellent organizational and multitasking abilities
- Leadership and decision-making skills
Employment Type: Full Time, Permanent
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