Purchasing Manager
3 days ago
Job Description:
A purchasing manager in India is responsible for developing and implementing procurement strategies, sourcing and evaluating suppliers (locally and internationally), negotiating contracts, and managing the timely and cost-effective acquisition of goods and services. The role requires strong analytical, negotiation, and leadership skills, and often a background in supply chain management or a related field.
Design and implement overall purchasing strategies and policies that align with the company's goals and market dynamics in India.
Identify, evaluate, and select reliable local and international suppliers based on quality, cost, and reliability. This involves building and maintaining strong relationships with vendors.
Lead negotiations for prices, contracts, and terms with suppliers to secure the most favorable agreements and terms for the company.
Continuously monitor market trends and conduct cost analyses to identify opportunities for cost savings and process improvements.
Coordinate with internal departments (e.g., production, sales, finance) to forecast demand, monitor inventory levels, and implement strategies to avoid shortages or excess stock.
Ensure all purchased goods and services meet quality standards and comply with relevant local and national laws, regulations, and ethical standards, including import/export compliance for international sourcing.
Oversee the work of buyers and purchasing agents, including hiring, training, and performance management.
Prepare and present reports on procurement activities, performance metrics, and cost savings to senior management.
Job Requirement:
A bachelor's degree in supply chain management, business administration, logistics, or a related field is typically required. Many employers prefer a Master's degree or an MBA in a relevant field.
A minimum of 5-10 years of progressive experience in purchasing or procurement roles, with demonstrated leadership experience, is often necessary for a manager position. Experience specifically within the Indian market and familiarity with local sourcing channels are highly valued.
Proficiency in procurement software (e.g., SAP MM, ERP systems) and data analysis tools is essential.
Soft Skills:
**Excellent negotiation and communication (verbal and written) skills.
**Strong analytical and decision-making abilities.
**Leadership and interpersonal skills to manage teams and build supplier relationships.
**Ability to work in a fast-paced environment and manage multiple priorities.
Considerations for a Malaysian Working in India
A Malaysian manager would need to quickly gain in-depth knowledge of the diverse Indian market dynamics, local suppliers, and industry-specific regulations to be effective.
Strong interpersonal and cross-cultural communication skills are crucial for managing relationships with diverse stakeholders, both internal teams and external Indian vendors.
The individual would need the appropriate work visa and potentially certifications recognized within India (such as CIPS or CPSM, which are internationally recognized and valued).
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