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Job Description - Purchase Manager

A Purchase Manager is responsible for overseeing the procurement process, ensuring that the company acquires the right goods and services at the best prices and within the required time frame. They manage supplier relationships, negotiate contracts, and track inventory levels to meet operational needs. The Purchase Manager ensures that purchasing policies and procedures are followed, focusing on cost reduction, quality, and timely delivery.

Responsibilities

  • Develop and implement purchasing strategies for cost-effective procurement.
  • Manage relationships with suppliers and vendors, negotiate contracts, and monitor performance.
  • Ensure timely delivery of goods and services in alignment with operational needs.
  • Conduct market research to identify potential suppliers and new products.
  • Monitor and control inventory levels to avoid overstocking or stockouts.
  • Ensure compliance with company policies, quality standards, and regulatory requirements.
  • Track purchasing budgets and work to reduce costs while maintaining quality.

Advantages