Job Summary:
The Purchase Manager is responsible for sourcing, negotiating, and purchasing standard items bought out materials, equipment, and services required for various projects. The role involves ensuring cost-effectiveness, maintaining quality standards, and building strong supplier relationships to meet project deadlines efficiently.
Key Responsibilities:
1. Procurement & Vendor Management
• Identify and evaluate suppliers, negotiate contracts, and establish long-term partnerships.
• Ensure timely procurement of materials, tools, and equipment.
• Conduct supplier audits and maintain a database of reliable vendors.
2. Cost Control & Budgeting
• Optimize purchasing costs while maintaining quality and project timelines.
• Prepare and monitor purchase budgets for different projects.
• Track market trends to anticipate price fluctuations and adjust procurement strategies.
3. Negotiation & Contract Management
• Negotiate prices, payment terms, and delivery schedules with vendors.
• Ensure compliance with contractual terms and resolve disputes with suppliers.
• Maintain purchase agreements and ensure timely renewal or renegotiation.
4. Inventory & Logistics Coordination
• Collaborate with the site and warehouse teams to manage inventory levels.
• Monitor stock levels and prevent shortages or overstocking.
5. Quality Assurance & Compliance
• Ensure materials meet required specifications and industry standards.
• Work with the quality control team to inspect and approve received materials.
• Comply with company policies, safety regulations, and legal requirements.
6. Documentation & Reporting
• Maintain accurate records of purchase orders, invoices, and delivery receipts.
• Generate procurement reports and update management on purchase status.
• Develop and implement procurement policies and procedures for efficiency.
