Assistant Purchasing Manager

About the Job:

We are seeking a highly motivated and detail-oriented Assistant Purchasing Manager to join our team in Lower Parel, Mumbai.

This role will be instrumental in ensuring the efficient and cost-effective procurement of materials and services, supporting our company's operational needs.

The ideal candidate will possess a strong understanding of procurement processes, excellent negotiation skills, and the ability to build and maintain strong vendor relationships.

Location: Lower Parel, Mumbai

Experience: Up to 5 years in procurement or purchasing roles.

Education: MBA preferred, Bachelor's degree in Business, Supply Chain Management, or related field required.

Job Responsibilities :

Strategic Procurement & Planning :

- Assist in the planning, sourcing, and procuring of direct and indirect materials or products required by the company.

- Conduct regular market research to identify new suppliers, pricing trends, and alternative materials.

- Develop and maintain a strong network of diversified vendors.

- Identify areas for process improvement and suggest cost-effective solutions.

Supplier Management & Negotiation:

- Identify, evaluate, and select reliable suppliers for goods and services.

- Conduct thorough vendor assessments and due diligence.

- Perform accurate calculations for quantities, costs, and budgets.

- Conduct price negotiations with vendors to secure the best terms and conditions, including favorable credit terms and delivery schedules.

- Build and maintain strong relationships with suppliers to ensure consistent quality and timely deliveries.

- Monitor vendor performance and address issues like delays, defects, or noncompliance.

Operational Procurement & Compliance:

- Ensure procurement aligns with budgetary constraints and achieve cost savings wherever possible.

- Handle procurement for both direct and indirect requirements.

- Track and document all purchase orders and ensure compliance with company policies.

- Ensure clear, professional communication for purchase orders, agreements, and follow-ups.

- Coordinate with internal teams, such as operations and finance, to streamline procurement processes.

- Manage relationships with team members and stakeholders to resolve challenges efficiently.

- Handle procurement-related challenges like delivery delays or budget constraints with a proactive approach.

Communication & Collaboration:

- Communicate effectively with vendors and internal teams, even with average English proficiency.

- Manage relationships with team members and stakeholders to resolve challenges efficiently.

Qualifications and Skills:

Education: MBA preferred.

- Bachelor's degree in Business, Supply Chain Management, or a related field is required.

Experience: Minimum 5 years of proven experience in procurement or purchasing roles.

Technical Skills:

- Strong mathematical and calculation abilities.

- Proficiency in MS Office Suite (Excel, Word, PowerPoint).

- Familiarity with procurement software and ERP systems is an added advantage.

Soft Skills:

- Excellent negotiation and vendor management skills.

- Strong organizational and time-management skills.

- Effective communication skills in English (written and verbal).

- Strong interpersonal and people-handling capabilities.

- Problem solving skills.

- Ability to work in a fast paced environment