Purchase Manager (Kaj Job/ 37)

Developing long-term partnerships with vendors, according to the product cycle requirements, to ensure timely and cost-effective purchases in accordance with Negotiation strategy guidelines.

Executing vendor onboarding process

Based on the requirement to improve delivery,

To reduce the cost of purchase,

To introduce new products based on demand from creative & sales and completing

To implement 3 supplier policies and

To ensure more reliable suppliers than non-reliable.

Revise the rate contracts based on the revision in the pricing by renegotiating

Renegotiate when quantity gets increased

To drive the PRF to the PO Process as per the flow (refer to flowcharts)

Work on the Escalation that arises from the Purchase Coordinator, may require to bring the matter to the CEO

To Close the Debit, note, and Credit notes as per the requirement on a timely basis

To learn about the supplier’s cost structure, overheads, and process structure, to map their costing structure, by enabling this point you'll be able to negotiate terms in a better way

To manage the aging-wise report of payables and share it with the finance team for fund planning

To communicate with the creditors on their payment queries, and ensure when funds arrangement is there, they get their payments on a timely basis

when the cash flow problem is there, communicate with the creditors and share with them the reason for the delay and seek their cooperation

do not avoid their calls on the shake of delay situation

To manage the transport freight negotiation and share with the team

To manage the Product onboarding initiation activities

To ensure the smooth functioning of the DRRP Process

D - Damage (arrange the spares)

R - Repair (arrange the spares)

R - Replace (Initiate the process)

P - Purchase Return (Initiate the process)

Ensure Vendor evaluation process, database maintenance, and compliance management

Aware of quality requirements from vendors, product-wise specifications, and ideas about prices

To visit to shows, exhibitions, markets for the vendor development, evaluation process

To start practicing great practices like

JIT (just in time)

Kanban (vendor carries our safety stock at his point)

Rating system

Carrying out cost analysis

Documentation and Maintenance of reports

Maintaining in sync with company ERP, updating details on it regularly

Coordination and query resolution of vendors