Sr. Purchase Manager

Location- Satara

CTC- 20 LPA

Qualification- BE with 10+ years of exp in procurement of direct and indirect material from FMCG Industries only

Responsibilities

1. Procurement Strategy & Planning

- Implement procurement strategy, policies, and procedures.

- Forecast procurement needs for materials, services, and equipment.

- Create, implement, and monitor Key Performance Indicators (KPIs).

- Develop procurement expertise to support growth and new projects.

- Monitor macro trends in supplier markets and implement proactive strategies.

- Assist internal departments in developing and executing product-specific purchasing strategies.

- Prepare cost estimates and participate in budget management.

2. Supplier & Vendor Management

- Build, develop, and maintain strong relationships with key suppliers and customers.

- Manage vendor relationships and help establish effective long-term partnerships.

- Negotiate prices, contracts, and agreements to ensure cost savings and favorable terms.

- Ensure supplier compliance with company requirements, quality standards, and contractual obligations.

- Discuss defective or unacceptable goods/services with users and vendors; identify root causes and implement corrective/preventive actions.

- Review and develop new product purchase requests and ensure proper authorization.

- Stay updated on supplier market conditions and adapt procurement plans accordingly.

3. Purchasing Operations

- Lead the procurement team through all phases of the purchasing cycle.

- Order materials, parts, supplies, and services based on approved and negotiated terms.

- Prepare purchase requisitions, approve, and issue purchase orders in line with company policy.

- Maintain complete and accurate procurement files, records, and documentation.

- Track purchasing activities, analyze performance metrics, and prepare reports.

- Coordinate with inventory control to manage stock levels and avoid shortages or overstock.

- Support cost reduction initiatives and secure favorable purchasing agreements.

- Take over and manage ongoing customized/private-label food product projects.

- Ensure timely and cost-effective procurement while maintaining quality standards.

4. Financial & Administrative Coordination

- Liaise with the Accounts Payable department to ensure timely and accurate invoice processing.

- Manage daily purchasing operations, supervise procurement staff, and allocate tasks effectively.

- Maintain supplier databases and procurement systems for accuracy and efficiency.

- Work on improving purchasing workflows, tools, and overall process efficiency.

5. Asset & Equipment Management

- Manage the maintenance and procurement of office and manufacturing equipment and machinery.

- Plan and coordinate timely repairs or replacements to minimize operational disruptions.

6. Training & Team Development

- Identify training needs and opportunities for procurement staff.

- Train team members on purchasing processes, negotiation, compliance, and procurement systems.