Purchasing Manager, Bengaluru

Job Purpose: Developing and executing purchasing strategies, achieve cost effective procurement of resources at defined quality while maintaining positive relationships with suppliers / vendors. Principal Accountabilities Ensuring effective purchasing for the organization: Ensure material reaches on-time as per purchase scheduleReviewing daily basis on goods ordered and receipt of goods. Negotiation with vendors on receipt of quotation with team members and co-ordination for finalization with costing team. Discussing with Costing and Management for major Price revision after finalization with supplier and taking approval as per price approval matrix.Approving the SAP PO's within the cost budgetary price. Vendor / Supplier development: Developing and implementing purchasing strategies. Assist the team in developing a new vendor with better quality and best price. Ensuring that all procured items meet the required quality standards and specifications.Propose Improvements on Procurement activity to improve efficiency. Managing Team : Managing daily purchasing activities, supervising staff, and allocating tasks. Train team on daily basis to improve efficiency in work. New product development: Interaction b/w all department for quick communication on NPD products.Identify the supplier, feasibility study Inventory Control and MRP: Inventory control as per company norms and also depends on market trend. Understanding the demand from sales and running MRP in SAP. Internal communication&documentation: Daily conduct the review meetings along with Stores + PPC + Purchase to understand the production schedule. Attend the inter department meetings. Maintaining the supplier database and purchase records. Preparing the monthly MIS Reports as per approval template.