Assistant Manager - Purchasing

Assistant Purchasing Manager.

Job Location: Lower Parel, Mumbai.

Working days: Monday to Saturday (all Saturdays are working)

Job Description:

Key Responsibilities:

Team Management:

- Lead and mentor a team of purchasing assistants, providing guidance and support.

- Assign tasks, monitor performance, and provide timely feedback.

- Foster a positive and collaborative work environment.

Procurement Planning and Execution:

- Develop and implement effective procurement strategies to meet business objectives.

- Identify and evaluate potential suppliers, negotiating favorable terms and conditions.

- Create and maintain accurate purchase orders, ensuring timely delivery of goods.

- Monitor market trends and identify opportunities for cost reduction and efficiency

improvements.

Supplier Relationship Management:

- Build and maintain strong relationships with suppliers, addressing any issues promptly.

- Conduct regular performance reviews with suppliers to ensure quality and timely delivery.

- Resolve supplier disputes and negotiate favorable terms and conditions.

Inventory Management:

- Collaborate with the inventory team to optimize stock levels and minimize inventory costs.

- Monitor inventory levels and identify potential shortages or overstocks.

- Implement inventory control measures to prevent stockouts and excess inventory.

Financial Management:

- Monitor and control procurement budgets, ensuring cost-effectiveness.

- Analyze purchasing data to identify cost-saving opportunities and improve efficiency.

- Prepare accurate reports on procurement activities and financial performance.

Compliance and Risk Management:

- Ensure compliance with company policies, procedures, and regulatory requirements.

- Identify and mitigate potential risks associated with procurement activities.

- Implement effective controls to prevent fraud and corruption.

Qualifications and Skills:

- Bachelor's degree in Supply Chain Management, Business Administration, or a related field; MBA preferred.

- Strong leadership and team management skills.

- Excellent negotiation and communication skills.

- Proficiency in procurement software and systems.

- Strong analytical and problem-solving skills.

- Attention to detail and accuracy.

- Ability to work under pressure and meet deadlines.