Job Summary:

The Purchase Manager is responsible for sourcing, negotiating, and procuring goods and services essential to company operations. This role ensures cost-effective purchasing of all materials and services as required by the business, while maintaining quality standards and timely delivery.

Key Responsibilities:

• Develop, lead, and execute purchasing strategies aligned with company goals.
• Manage the procurement process from requisition to payment.
• Source reliable suppliers and build strong supplier relationships.
• Negotiate contracts, terms, and prices with vendors and suppliers.
• Monitor supplier performance and resolve any supply issues or discrepancies.
• Analyze market trends and apply this knowledge to make insightful buying decisions.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Ensure compliance with purchasing policies and procedures.
• Collaborate with internal departments (Production, Finance) to determine purchasing needs.
• Conduct regular evaluations and audits of vendors and procurement systems.
• Forecast demand and inventory requirements to minimize excess stock and shortages.