Purchase Manager

THE Instinct; Kolkata District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

The Instinct, Kolkata-based, is seeking a Purchase Manager to lead procurement activities and drive cost-effective sourcing. This role requires coordinating with stores, production, finance, and other departments to meet procurement needs.

You will manage supplier relationships, ensure timely delivery, verify material quality, and supervise the purchasing team to achieve departmental goals. Strong negotiation and strategic sourcing skills are essential.

Responsibilities

• Develop and implement purchasing strategies to ensure cost-effective procurement.
• Identify, evaluate, and negotiate with vendors and suppliers.
• Source quality materials, equipment, and services at competitive prices.
• Prepare and process purchase orders in a timely manner.
• Monitor inventory levels and coordinate procurement to avoid stock shortages or excess inventory.
• Compare quotations and analyze pricing to achieve cost savings.
• Ensure timely delivery of purchased materials and resolve supply issues.
• Maintain strong relationships with suppliers and conduct regular performance evaluations.
• Verify the quality and specifications of procured materials.
• Coordinate with stores, production, finance, and other departments for procurement requirements.
• Maintain accurate procurement records, contracts, and vendor documentation.
• Ensure compliance with company policies and procurement procedures.
• Monitor market trends, pricing, and new supplier opportunities.
• Prepare procurement reports, budgets, and cost analysis for management.
• Lead and supervise the purchase team to achieve departmental objectives.

Job description

PURCHASE MANAGER JOB RESPONSIBILITIES

Develop and implement purchasing strategies to ensure cost-effective procurement.

Identify, evaluate, and negotiate with vendors and suppliers.

Source quality materials, equipment, and services at competitive prices.

Prepare and process purchase orders in a timely manner.

Monitor inventory levels and coordinate procurement to avoid stock shortages or excess inventory.

Compare quotations and analyze pricing to achieve cost savings.

Ensure timely delivery of purchased materials and resolve supply issues.

Maintain strong relationships with suppliers and conduct regular performance evaluations.

Verify the quality and specifications of procured materials.

Coordinate with stores, production, finance, and other departments for procurement requirements.

Maintain accurate procurement records, contracts, and vendor documentation.

Ensure compliance with company policies and procurement procedures.

Monitor market trends, pricing, and new supplier opportunities.

Prepare procurement reports, budgets, and cost analysis for management.

Lead and supervise the purchase team to achieve departmental objectives.