Rico - Assistant Purchase Manager

Description:

Key Responsibilities:

Procurement & Purchase Operations:

- Manage Purchase Requisitions and convert them into Purchase Orders based on sales and production requirements.

- Conduct supplier evaluations, manage quotations, and ensure competitive procurement.

- Maintain accurate costing for products and support strategic purchasing decisions.

Vendor Development & Negotiation:

- Lead vendor negotiations on pricing, contracts, credit terms, and service levels.

- Build and maintain strong vendor relationships for long-term sourcing stability.

- Evaluate vendor performance and recommend improvements or alternatives.

Inventory, Planning & Supply Chain Coordination:

- Monitor stock levels, safety stock, reorder points, and consumption trends.

- Collaborate with sales, warehouse, and production teams to ensure smooth supply chain flow.

- Prevent stockouts and minimize excess inventory through effective planning.

Cost Control & Logistics Management:

- Support cost optimization initiatives across purchasing and logistics functions.

- Coordinate transportation, freight management, and delivery timelines.

- Evaluate logistics costs and ensure cost-effective solutions.

Compliance, Documentation & Audit Preparedness:

- Ensure adherence to procurement SOPs and compliance guidelines.

- Support internal and external audits with proper documentation and reports.

- Ensure timely vendor bill processing and payments.

Cross-Functional Collaboration:

- Work closely with Finance, Production, Sales, and Warehouse teams to align procurement cycles.

- Drive timely follow-ups to ensure operational efficiency and accuracy.

Qualifications & Desired Profile:

Education:

- MBA in Supply Chain, Operations, Materials Management, Procurement, or General Management (or relevant PG degree)

- Engineering/Science background is a plus but not mandatory for MBA graduates.

Experience:

- 2-5 years of relevant experience in:

- Purchase & Procurement

- Vendor Management

- Supply Chain Coordination

- Material Planning

- Experience in Home Appliances, Consumer Electronics, Manufacturing, or FMCG preferred.