Purchase Manager

P Fab Structures; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

P Fab Structures in Mumbai seeks a Purchase Manager to oversee procurement in civil construction and fabrication, develop sourcing strategies, negotiate contracts, and align purchasing with budgets.

The role requires strong vendor management, cost control, and coordination with finance, operations, logistics, and production teams; focus on ARC setup, supplier performance, and timely PO processing.

Responsibilities

• Thorough technical knowledge in Civil Construction & Fabrication field
• Preliminary interest & knowledge in AI to integrate & setup AI related systems for purchase
• Experience & knowledge to use B2B purchasing platforms
• Setup systems with vendors & companies for Annual rate contracts (ARC)
• Setup systems for requisition from different departments
• Develop and implement purchasing strategies to optimize cost, quality, and delivery
• Source and evaluate suppliers, vendors, and service providers
• Prepare and process purchase orders in accordance with company policies
• Negotiate contracts, pricing, payment terms, and delivery schedules
• Monitor market trends and identify cost-saving opportunities
• Build and maintain strong relationships with suppliers
• Conduct supplier performance evaluations and audits
• Resolve supplier-related issues regarding quality, delivery, and pricing
• Identify and onboard new suppliers as required
• Track procurement budgets and expenditures
• Analyze purchasing data and prepare cost-saving reports
• Ensure procurement activities align with approved budgets
• Maintain accurate procurement records, contracts, and vendor documentation (Team work)
• Ensure compliance with company policies, legal requirements, and procurement standards (Team work)
• Prepare procurement reports and management dashboards
• Lead and supervise procurement staff
• Coordinate with finance, operations, logistics, and production departments
• Train team members on procurement processes and best practices
• Honesty & Integrity
• Team Performance
• Team Spirit & efficiency
• Procurement cost savings achieved
• New Vendor should be on boarded every week
• On-time supplier delivery rate
• Inventory turnover ratio
• Purchase order processing time
• Supplier performance ratings
• Reduction in procurement-related risks and delays

Job description

Key Responsibilities for Purchase Manager

• Thorough technical knowledge in Civil Construction & Fabrication field
• Preliminary interest & knowledge in AI to integrate & setup AI related systems for purchase.
• Experience & knowledge to use B2B purchasing platforms.
• Setup systems with vendors & companies for Annual rate contracts (ARC)
• Setup systems for requisition from different departments
• Develop and implement purchasing strategies to optimize cost, quality, and delivery.
• Source and evaluate suppliers, vendors, and service providers.
• Prepare and process purchase orders in accordance with company policies.
• Negotiate contracts, pricing, payment terms, and delivery schedules.
• Monitor market trends and identify cost-saving opportunities.

Supplier Management

• Build and maintain strong relationships with suppliers.
• Conduct supplier performance evaluations and audits.
• Resolve supplier-related issues regarding quality, delivery, and pricing.
• Identify and onboard new suppliers as required.

Cost Control & Budget Management

• Track procurement budgets and expenditures.
• Analyze purchasing data and prepare cost-saving reports.
• Ensure procurement activities align with approved budgets.

Compliance & Documentation

• Maintain accurate procurement records, contracts, and vendor documentation (Team work)
• Ensure compliance with company policies, legal requirements, and procurement standards (Team work)
• Prepare procurement reports and management dashboards.

Team Coordination

• Lead and supervise procurement staff.
• Coordinate with finance, operations, logistics, and production departments.
• Train team members on procurement processes and best practices

Key Performance Indicators (KPIs)

• Honesty & Integrity
• Team Performance
• Team Spirit & efficiency
• Procurement cost savings achieved.
• New Vendor should be on boarded every week.
• On-time supplier delivery rate.
• Inventory turnover ratio.
• Purchase order processing time.
• Supplier performance ratings.
• Reduction in procurement-related risks and delays.