Assistant Purchase Manager

Vaibhav Inter Decor; Bengaluru; On-site; INR 900,000 - 1,350,000; Full time

Job summary

Vaibhav Inter Decor in Bengaluru seeks an experienced procurement professional to implement procurement policy and manage supplier relations. You will visit supplier plants, attend trade shows, and collaborate to ensure timely delivery and favorable terms.

Responsibilities include reviewing monthly stock, budgeting for procurement, issuing purchase orders, negotiating with local and overseas vendors, resolving supplier issues, and evaluating performance to meet project requirements.

Qualifications

• Experience implementing procurement policies and procedures.
• Ability to source, negotiate and purchase materials from local and overseas vendors.
• Experience monitoring budgets and purchase orders.
• Ability to manage supplier performance and lead times.

Responsibilities

• Ensure implementation of procurement policy and procedures.
• Visit supplier plants and distribution centers to assess capacity and standards.
• Attend trade shows, conferences, and meetings to stay updated on products and market trends.
• Collaborate with suppliers to agree policies for timely delivery and favorable terms.
• Review monthly stock reports and manage material flow to avoid waste.
• Responsible for procurement budget allocation and monthly advances/credit lists.
• Source, negotiate and purchase materials from local and overseas vendors.
• Advise internal and external teams on purchasing issues.
• Manage daily purchasing needs: planning, issuing, and following up on Purchase Orders.
• Resolve supply, quality, service and invoicing issues with vendors.
• Assist in annual performance reviews for vendors.
• Evaluate supplier performance to meet cost, quality, and delivery criteria.
• Prepare reports comparing procurement costs to budgets and savings.
• Maintain standard reports and vendor database with regular updates.

Skills

Procurement policy

Vendor management

Negotiation

Budget management

Purchase orders

Inventory management

Supplier evaluation

Cross-functional collaboration

Vendor development

Job description

JOB DESCRIPTION: -

• Ensuring implementing of procurement policy and procedure.
• Visiting Supplier Plants and Distribution Centers to understand the capacity and standards of the suppliers / distributors
• Attending Trade Shows, Conferences, and Meetings, as a learning process and to keep updated with the latest products and supplier, conditions of the market, and emerging trends.
• Collaboration with Suppliers for Agreeing Upon Policies, in order to come up with convenient policies that will determine details concerning the timely delivery of products, credit periods and yearly rate contracts that will keep the workflow steady.
• Review monthly stock reports at project site and at stores and manage the material flow to ensure that the inventory is utilized without being wasted.
• Responsible for project procurement budget allocation.
• Responsible for monthly budget for the issue of advances and outstanding credit list.
• Responsible to source, negotiate and purchase materials from both local and overseas vendors at the lowest prices, yet should match our delivery schedules, material specifications and payment terms.
• Advise internal and external teams on issues regarding purchasing
• In charge of daily operational purchasing needs such as planning, issuing and following up on Purchase Orders delivery and shipment schedules
• Resolve supply, quality, service and invoicing issues with vendors
• Assist in Annual Performance Review for vendors
• Evaluate supplier performance based on quality standards, delivery time & best prices and ensure all the criteria are met according to the organizational requirements and expectation, by interviewing the sales personnel.
• Responsible for implementing internal procurement strategies to cater to high delivery and short lead time requirements
• Prepare comparative reports of actual procurement cost against the budget allocation cost, with the cost savings against each project supplies.
• Undertake any other ad-hoc duties as assigned
• Maintain standard formats of all reports and records and share it with the reporting head for furtherance
• Strong database for all interior materials (min 10 vendors for each item). Regular updating of the same, on a half yearly basis.