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Purchase Manager


Source:
TIMESJOBS.COM
Location:
Bengaluru, KA
Date:
15-11-2016
Job Code:
58291251
Categories:
  • Retail & Wholesale
Applying for this job will take you to an external site
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Job Details

Position OverviewMap commodity requirements, make sourcing strategies, execute orders and follow up for deliveries within the Purchase Mandates and company Charter of Authority with the objective of reducing material costs and hedging procured volumes against price sensitivity. Apply Buying competencies to assigned Cost Heads and get target cost savings. Map non comodity requirements, make sourcing strategies, execute orders and follow up for deliveries within the Purchase Mandates and company Charter of Authority with the objective of reducing material costs and hedging Procured volumes against price sensitivity. Education-Post graduate degree in Management / M.B.A Experience 3-5yrs of experience in managing similar portfolio (In case of premium PREMIUM educational Institute) and 6 to 8 Years in case of Lateral institutionsShould have strong knowledge of Purchase function, preferably from FMCG / FoodShould have an exposure to supply chain systems Competencies Strong interpersonal skills, ability to communicate effectively both in writing and orally Good Understanding of the Category Management process. Strong analytical and pattern identification skills.Knowledge of commodites & basic understanding of commodity exchanges, risk management & hedging tools Proficiency in handling ERP package and planning tools Proactive & demonstrates initiative in working independently with minimal direction; ability to prioritize competing demands and make decisions consistent with corporate goals and objectives.Key Responsibilities Category Management of Material Group Category Management of one of the material group for pan India requirement. Develop In-depth understanding of the value chain environment and supply market dynamics for the relevant material Preparation of annual category budgets & price forecasting Ensure execution against the material buying planVendor Management & Price DiscoveryDevelops new supply sources where vendors are inadequate , price discovery and reward recognition Negotiates purchase orders at best possible price and service guarantee when appropriate and monitors cost during the time period. Ensures service level expectations with vendors for good and servicesLogistics & Storage ManagementWorks closely with Replenishment function to ensure high service levels Ensures high compliance & consistent vendor performance in terms of storage facilities Other ResponsibilitiesBusiness Process Improvement - Participate in Business Process Improvement initiatives from the Purchase perspectiveManage Funds - Provide information to Treasury regarding working capital requirements for strategic sourcing Ensure compliance against laid down policies Performance Management - Assisting direct reportees in KRA setting
Degree: M.Com. (Commerce) | M.Pharm. (Pharmacy) | M.Sc. (Science) | MA (Arts) | MBA/ PGDM | MCA/ PGDCA

Additional Degree: BA (Arts) | B.Com. (Commerce) | B.Pharm. (Pharmacy) | B.Plan. (Planning) | B.Sc. (Science) | BBA/ BBM/ BBS | BCA (Computer Application) | Diploma-Other Diploma | B.Ed. (Education) | BHM (Hotel Management)

Experience: 3-7

Requirements

Logistics | Material Management | Purchasing/Sourcing | Supply Chain Management
Applying for this job will take you to an external site

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