Purchase Manager

4M Innovations Chennai; Chennai District; On-site; INR 720,000 - 880,000; Full time

Job summary

4M Innovations Chennai is seeking an experienced Purchase Manager to lead corporate procurement, vendor management, and supply chain purchasing operations. You will oversee end-to-end procurement processes, establish strategic vendor partnerships, negotiate high-value contracts, and optimize purchasing costs across corporate and operational logistics functions.

In this role, you will manage supplier onboarding, contract negotiations, compliance, and inventory control while collaborating with

Qualifications

• 8-10 years of total experience in procurement/purchasing, preferably within a logistics, freight forwarding, or supply chain company.

Responsibilities

• Strategic procurement policies and guidelines aligned with company goals.
• Source and procure CapEx and OpEx assets, including IT infrastructure, office equipment, corporate services, packaging materials, and fleet/warehouse consumables.
• Analyze market trends, price benchmarks, and supply chain risk to optimize cost structures.
• Identify, evaluate, and onboard domestic and international suppliers and service providers.
• Lead contract negotiations regarding pricing, payment terms, SLAs, warranties, and delivery schedules.
• Conduct periodic vendor performance evaluations and audits to ensure high quality and compliance.
• Monitor purchasing workflows to eliminate wastage, control budgets, and ensure timely delivery of goods/services.
• Collaborate with finance and operations departments to streamline purchase orders (POs), invoicing, and payment approvals.
• Manage stock levels for internal consumption and operational supplies across corporate branches.
• Ensure all purchasing activities comply with company ethics, corporate governance standards, and local tax/trade regulations.
• Maintain comprehensive procurement records, contracts, and audit trails.

Job description

Position Overview

We are seeking an experienced and strategic Purchase Manager to oversee corporate procurement, vendor management, and supply chain purchasing operations. In this role, you will lead end-to-end procurement processes, establish strategic vendor partnerships, negotiate high-value contracts, and optimize purchasing costs across corporate and operational logistics functions.

Key Responsibilities:

1. Strategic Procurement & Operations

• Develop, implement, and refine corporate procurement policies and guidelines aligned with company goals.
• Source and procure capital expenditure (CapEx) and operational expenditure (OpEx) assets, including IT infrastructure, office equipment, corporate services, packaging materials, and fleet/warehouse consumables.
• Analyze market trends, price benchmarks, and supply chain risk to optimize cost structures.

2. Vendor Management & Negotiation

• Identify, evaluate, and onboard domestic and international suppliers and service providers.
• Lead contract negotiations regarding pricing, payment terms, SLAs, warranties, and delivery schedules.
• Conduct periodic vendor performance evaluations and audits to ensure high quality and compliance.

3. Inventory & Cost Control

• Monitor purchasing workflows to eliminate wastage, control budgets, and ensure timely delivery of goods/services.
• Collaborate with finance and operations departments to streamline purchase orders (POs), invoicing, and payment approvals.
• Manage stock levels for internal consumption and operational supplies across corporate branches.

4. Compliance & Governance

• Ensure all purchasing activities comply with company ethics, corporate governance standards, and local tax/trade regulations.
• Maintain comprehensive procurement records, contracts, and audit trails.

Experience:

8-10 years of total experience in procurement/purchasing, preferably within a logistics, freight forwarding, or supply chain company.