Purchase Manager

Confidential

Full-time Other-General
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Location
indore, indore, India
Posted
July 14, 2026

Job Description

The Purchase Manager is responsible for strategic sourcing, cost optimization, vendor management, inventory efficiency, and procurement compliance. The role focuses on ensuring timely and accurate procurement of raw materials and production requirements while achieving cost savings and maintaining strong supplier relationships.
Key Responsibilities
Lead vendor negotiations to achieve a minimum 10% cost savings on procurement contracts through effective pricing, terms, and sourcing strategies.
Conduct cost analysis and market benchmarking to optimize procurement spend.
Ensure 97%+ order fulfillment accuracy, managing purchase orders, quantities, urgency, and on-time delivery.
Evaluate and manage vendor performance, ensuring quality, reliability, and timely deliveries with a satisfaction score of 90% or above.
Monitor and improve inventory turnover, maintaining an optimal ratio of 6 or higher through proactive order planning.
Streamline purchase order processing, ach...