Purchase Operation Manager

Position Overview

The Procurement Manager is responsible for managing end-to-end procurement activities, ensuring timely, cost-effective, and quality purchase of goods and services. The role focuses on vendor management, strategic sourcing, cost optimization, and maintaining compliance with company policies and standards.

Key Responsibilities1. Vendor Management & Development

• Source and onboard new vendors for indirect materials
• Evaluate vendor performance (quality, cost, delivery)
• Build and maintain long-term vendor relationships
• Implement and monitor vendor rating systems

2. Contract Negotiation

• Negotiate pricing, payment terms, and delivery schedules
• Ensure contracts are legally compliant and properly executed

3. Vendor Risk Management

• Identify supplier risks (price fluctuation, supply disruption)
• Develop contingency plans for critical vendors

4. Cost Optimization & Budget Management

• Implement cost-saving strategies
• Monitor procurement spend vs budget
• Analyze market trends for better pricing opportunities

5. Compliance & Documentation

• Ensure adherence to company policies and regulations
• Maintain procurement records (POs, GRNs, contracts)
• Support audit compliance and documentation

6. Cross-Functional Coordination

• Collaborate with finance, operations, and other departments
• Ensure timely procurement aligned with business needs
• Provide procurement reports to management

7. Vendor Relationship Management

• Monitor supplier KPIs (quality, delivery, cost)
• Resolve vendor-related issues proactively
• Ensure vendor compliance with agreements

8. Process Improvement

• Identify and implement procurement process improvements
• Stay updated with industry trends and technologies

Key Performance Indicators (KPIs)

• Supplier performance & on-time delivery
• Cost savings achieved
• Inventory turnover
• Budget adherence

Skills & Competencies

• Strong negotiation and vendor management skills
• Excellent communication and interpersonal skills
• Analytical and problem-solving ability
• Proficiency in SAP/ERP systems
• Advanced Excel and reporting skills

Qualification & Experience

• Graduate in any discipline (MBA preferred in Supply Chain/Procurement)
• 8–12 years of procurement experience
• Experience in indirect materials procurement
• Preferred experience in jewellery retail / large retail / manufacturing
• Strong hands-on SAP experience

Job Types: Full-time, Permanent

Pay: ₹40,000.00 - ₹80,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Experience:

• Purchasing: 5 years (Required)

Location:

• Madurai, Tamil Nadu (Required)

Willingness to travel:

• 50% (Required)

Work Location: In person