Purchase Manager

Job DescriptionWe are seeking a highly organized and analytical Purchase Manager to join our team in Visakhapatnam, India. The ideal candidate will be responsible for overseeing all purchasing activities, managing vendor relationships, and ensuring cost-effective procurement of goods and services for our organization.Develop and implement purchasing strategies to optimize cost savings and improve operational efficiencyManage the entire procurement process, from identifying needs to finalizing purchasesNegotiate contracts and agreements with vendors to secure favorable terms and pricingAnalyze market trends, pricing, and supplier performance to make informed purchasing decisionsCollaborate with cross-functional teams to understand and fulfill departmental needsMaintain accurate records of purchases, deliveries, and inventory levelsEnsure compliance with company policies, procedures, and relevant regulationsDevelop and maintain strong relationships with key suppliers and vendorsImplement and manage inventory control systems to optimize stock levelsPrepare and analyze purchasing reports to support decision-making processesContinuously evaluate and improve purchasing processes to enhance efficiency and reduce costsQualificationsBachelor's degree in Business Administration, Supply Chain Management, or a related fieldProven experience in procurement and supply chain managementStrong knowledge of purchasing processes and vendor managementExcellent negotiation skills with a track record of securing favorable termsProficiency in Microsoft Office suite, particularly ExcelExperience with inventory management systems and practicesStrong analytical and problem-solving skillsExcellent communication and interpersonal abilitiesDemonstrated ability to make decisive and efficient decisionsDetail-oriented with strong organizational skillsFluency in English, both written and verbalKnowledge of ERP systems and e-procurement platforms (preferred)Professional certification such as CPM or CPSM (preferred)