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PURCHASE MANAGER (BMC Job 459)

For Elevator Manufacturing
8 - 12 Years
Full Time
Up to 30 Days
Up to 12 LPA
1 Position(s)
Mumbai
Posted By : BMC
Posted 16 Days Ago

Job Skills

Job Description

Job Title:

Purchase Manager


Location:

[City, State] / [Plant / Office location]


Department:

Procurement / Purchase / Supply Chain


Reporting To:

Head of Procurement / Supply Chain Manager / Operations Manager


Remuneration:

CTC approx. ₹12,00,000 per annum (includes fixed + variable where applicable)


Experience Required:

8-10 years in Purchase / Procurement / Supply Chain, preferably with exposure to [industry you are hiring for, e.g. manufacturing / engineering / FMCG / Chemicals / Auto Components etc.]


Education:

  • Bachelor’s degree in Business, Commerce, Engineering, Supply Chain, or related field

  • Preferably MBA / Post-graduate qualification in Materials Management / Supply Chain / Procurement etc.


Key Responsibilities:

  1. Procurement Strategy & Sourcing

    • Develop and execute procurement strategies to ensure timely sourcing of raw materials, consumables, spares, and capital equipment.

    • Identify alternative suppliers and sources to improve cost competitiveness and ensure supply continuity.

  2. Supplier Management & Contracting

    • Negotiate contracts, pricing, payment terms, and delivery schedules.

    • Evaluate existing & prospective suppliers on quality, cost, reliability, and compliance.

    • Maintain strong relationships with key vendors.

  3. Cost Control & Budgeting

    • Monitor and manage procurement costs, look for cost-saving opportunities.

    • Work within budgets; forecast procurement requirement and plan accordingly.

  4. Purchase Order & Inventory Management

    • Issue purchase orders (POs), track order status, ensure timely delivery.

    • Coordinate with inventory / warehouse / production teams to maintain optimal inventory levels; avoid stockouts or excess.

  5. Quality & Compliance

    • Ensure procured items meet quality, safety, and regulatory standards.

    • Carry out supplier audits / performance reviews.

    • Ensure compliance with company procurement policies, ethical sourcing, and documentation.

  6. Cross-Functional Coordination

    • Liaise with production / engineering / operations / finance / logistics departments to understand requirements and resolve issues.

    • Provide inputs for design / engineering if material issues arise.

  7. Team Management & Process Improvement

    • Lead the purchasing / procurement team: assign tasks, mentor/junior buyers, manage performance.

    • Identify process inefficiencies; implement improvements / automation.

    • Track procurement metrics (on-time delivery, cost variance, supplier lead times etc.) and report to senior management.

  8. Risk Management & Market Analysis

    • Monitor market trends, prices, currency fluctuations etc. that could affect procurement.

    • Develop mitigation plans for supply risks (alternate sources, safety stocks etc.)


Skills & Competencies:

  • Strong negotiation skills

  • Analytical mindset; good with numbers and cost structures

  • Good knowledge of procurement practices, legal/contractual aspects

  • Familiarity with ERP / procurement software / purchase order systems (e.g. SAP, Oracle etc.)

  • Good interpersonal and communication skills

  • Leadership & team-management capability

  • Problem solving & decision making under pressure

  • Planning & time management