Purchasing Manager

Yuma Energy; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Yuma Energy in Bengaluru is seeking a Purchase Manager to plan, source, negotiate and procure materials, services and equipment, ensuring cost-effective purchasing and uninterrupted operations. You will manage supplier relationships, audits, and cross-functional coordination with production, planning, quality and finance to align procurement with demand and budget.

Focus will be on reducing total cost of ownership, managing contracts, and ensuring compliance with regulatory standards across

Qualifications

• The Purchase Manager is responsible for planning, sourcing, negotiating, and procuring materials, services, and equipment for the organization.
• Must ensure cost-effective purchasing and uninterrupted operations.
• Maintains supplier relationships and aligns procurement with business objectives.

Responsibilities

• Develop and implement purchasing strategies aligned with company goals.
• Source reliable suppliers for raw materials, components and services.
• Negotiate pricing, terms, and lead times; monitor market trends.
• Oversee purchase orders, track and close purchases, ensure policy compliance.
• Manage inventory with planning and warehouse teams; maintain accurate records.
• Coordinate with production, planning, quality and finance to align procurement with demand.

Skills

Procurement strategy

Negotiation

Supplier management

Cross-functional coordination

Cost control

Inventory management

Job description

The Purchase Manager is responsible for planning, sourcing, negotiating, and procuring materials,

services, and equipment required for the organization. This role ensures cost-effective purchasing,

maintains supplier relationships, and aligns procurement strategies with business objectives to

ensure uninterrupted operations.

Key Responsibilities

1. Procurement & Sourcing

• Develop and implement purchasing strategies aligned with company goals.
• Source reliable suppliers and vendors for raw materials, components, and services.
• Evaluate supplier performance based on quality, delivery, and cost.
• Ensure availability of materials to meet production and project schedules.
• Build and maintain strong relationships with key suppliers.
• Conduct supplier audits and performance reviews.
• Identify and onboard new vendors to improve competitiveness and supply continuity.
• Resolve supplier-related issues including quality, delays, and cost discrepancies.

3. Negotiation & Cost Control

• Negotiate pricing, payment terms, contracts, and lead times.
• Monitor market trends and price fluctuations.
• Identify cost reduction opportunities and implement value engineering initiatives.
• Ensure procurement within budget and optimize total cost of ownership (TCO).

4. Procurement Operations

• Oversee purchase order creation, tracking, and closure.
• Ensure compliance with company policies and procurement procedures.
• Manage inventory levels in coordination with planning and warehouse teams.
• Maintain accurate records of purchases, pricing, and supplier agreements.

5. Cross-functional Coordination

• Collaborate with production, planning, quality, and finance teams.
• Align procurement plans with production schedules and demand forecasts.
• Support new product development by sourcing suitable materials and suppliers.
• Identify supply chain risks and develop mitigation plans.
• Ensure compliance with legal, regulatory, and company standards.
• Handle contract management and legal documentation related to procurement.

Stakeholder Satisfaction (Internal Customers)

• New product sourcing timelines: Adherence to deadlines

Compliance & Governance

Key Performance Indicators (KPIs)

• Cost savings / cost reduction percentage
• Inventory turnover ratio
• Supplier quality performance and Warranty Management