Purchase Manager Female Graduate Jobs in Indore

Purchase Manager Cost Savings and Optimization Definition: Measures the effectiveness in negotiating favorable pricing and terms with vendors to achieve cost savings in purchase of raw materials, ingredients and other production requirements. Timeline: Quarterly. Frequency: Quarterly review. Target: Achieve a minimum of 10% cost savings on negotiated contracts compared to previous procurement periods. SOPs: Vendor Negotiation: Negotiate contract terms and pricing to achieve cost savings. Cost Analysis: Analyze pricing data and compare with market benchmarks. Reporting: Document and report cost savings achieved from negotiations and sourcing strategies. Review: Regularly review pricing and procurement strategies to identify further cost-saving opportunities. Order Fulfillment Accuracy Definition: Evaluates the accuracy and timeliness of fulfilling purchase orders, including correct quantities and on-time delivery, priotising on the basis of urgency and necessity. Timeline: Monthly. Frequency: Monthly review. Target: Achieve a 97% or higher order fulfillment accuracy rate. SOPs: Order Management: Track and manage purchase orders to ensure accuracy. Vendor Coordination: Communicate with vendors to confirm order details and delivery schedules. Reporting: Monitor and report on fulfillment accuracy, addressing any discrepancies promptly. Quality Checks: Implement quality checks to verify order accuracy upon receipt. Vendor Performance Evaluation Definition: Assesses the performance of vendors based on delivery timelines, product quality, and overall reliability. Change according to services and needs. Timeline: Quarterly. Frequency: Quarterly review. Target: Maintain a vendor satisfaction score of 90% or higher, based on performance evaluations. SOPs: Vendor Assessment: Evaluate vendors based on delivery performance, product quality, and reliability. Feedback Collection: Collect feedback from internal stakeholders and warehouse staff. Performance Reporting: Prepare and review quarterly reports on vendor performance. Improvement Plans: Develop and implement improvement plans for underperforming vendors. Inventory Turnover Ratio Definition: Measures how efficiently inventory is managed and how often it is turned over within a given period. Timeline: Quarterly. Frequency: Quarterly review. Target: Maintain an inventory turnover ratio of 6 or higher. SOPs: Inventory Monitoring: Regularly monitor inventory levels and turnover rates. Order Planning: Place purchase orders proactively to maintain optimal stock levels. Data Analysis: Analyze inventory data to optimize ordering and reduce excess stock. Reporting: Provide quarterly reports on inventory turnover and recommendations for improvement. Purchase Order Processing Time Definition: Measure the average time taken to process and complete purchase orders from initiation to fulfillment. Timeline: Monthly. Frequency: Monthly review. Target: Achieve an average purchase order processing time of 3 business days or fewer. SOPs: Order Processing: Streamline the process of creating, approving, and placing purchase orders. Vendor Coordination: Ensure timely communication with vendors to expedite processing. Tracking: Monitor and track processing times for all purchase orders. Reporting: Analyze processing times and identify areas for process improvement. Compliance and Record Accuracy Definition: Assesses the accuracy and completeness of procurement records and compliance with company standards and regulations. Timeline: Monthly. Frequency: Monthly review. Target: Achieve 100% accuracy in procurement records and compliance with company policies. SOPs: Record Maintenance: Maintain accurate and up-to-date records of all purchase transactions, including invoices and delivery information. Compliance Checks: Regularly review procurement activities for compliance with company policies and industry regulations. Reporting: Provide monthly reports on record accuracy and compliance status. Audit: Conduct periodic internal audits to ensure ongoing compliance and accuracy. Supplier Diversity Definition: Measures the proportion of procurement spend allocated to diverse suppliers (e.g., minority-owned, women-owned businesses). Timeline: Quarterly. Frequency: Quarterly review. Target: Achieve a minimum of 15% of procurement spend with diverse suppliers. SOPs: Supplier Identification: Identify and evaluate diverse suppliers for potential inclusion in the supply chain. Spend Tracking: Monitor and report on procurement spend with diverse suppliers. Diversity Goals: Develop strategies to increase procurement spend with diverse suppliers. Reporting: Provide quarterly reports on supplier diversity and progress towards goals.

Purchase Manager Cost Savings and Optimization Definition: Measures the effectiveness in negotiating favorable pricing and terms with vendors to achieve cost savings in purchase of raw materials, ingredients and other production requirements. Timeline: Quarterly. Frequency: Quarterly review. Target: Achieve a minimum of 10% cost savings on negotiated contracts compared to previous procurement periods. SOPs: Vendor Negotiation: Negotiate contract terms and pricing to achieve cost savings. Cost Analysis: Analyze pricing data and compare with market benchmarks. Reporting: Document and report cost savings achieved from negotiations and sourcing strategies. Review: Regularly review pricing and procurement strategies to identify further cost-saving opportunities. Order Fulfillment Accuracy Definition: Evaluates the accuracy and timeliness of fulfilling purchase orders, including correct quantities and on-time delivery, priotising on the basis of urgency and necessity. Timeline: Monthly. Frequency: Monthly review. Target: Achieve a 97% or higher order fulfillment accuracy rate. SOPs: Order Management: Track and manage purchase orders to ensure accuracy. Vendor Coordination: Communicate with vendors to confirm order details and delivery schedules. Reporting: Monitor and report on fulfillment accuracy, addressing any discrepancies promptly. Quality Checks: Implement quality checks to verify order accuracy upon receipt. Vendor Performance Evaluation Definition: Assesses the performance of vendors based on delivery timelines, product quality, and overall reliability. Change according to services and needs. Timeline: Quarterly. Frequency: Quarterly review. Target: Maintain a vendor satisfaction score of 90% or higher, based on performance evaluations. SOPs: Vendor Assessment: Evaluate vendors based on delivery performance, product quality, and reliability. Feedback Collection: Collect feedback from internal stakeholders and warehouse staff. Performance Reporting: Prepare and review quarterly reports on vendor performance. Improvement Plans: Develop and implement improvement plans for underperforming vendors. Inventory Turnover Ratio Definition: Measures how efficiently inventory is managed and how often it is turned over within a given period. Timeline: Quarterly. Frequency: Quarterly review. Target: Maintain an inventory turnover ratio of 6 or higher. SOPs: Inventory Monitoring: Regularly monitor inventory levels and turnover rates. Order Planning: Place purchase orders proactively to maintain optimal stock levels. Data Analysis: Analyze inventory data to optimize ordering and reduce excess stock. Reporting: Provide quarterly reports on inventory turnover and recommendations for improvement. Purchase Order Processing Time Definition: Measure the average time taken to process and complete purchase orders from initiation to fulfillment. Timeline: Monthly. Frequency: Monthly review. Target: Achieve an average purchase order processing time of 3 business days or fewer. SOPs: Order Processing: Streamline the process of creating, approving, and placing purchase orders. Vendor Coordination: Ensure timely communication with vendors to expedite processing. Tracking: Monitor and track processing times for all purchase orders. Reporting: Analyze processing times and identify areas for process improvement. Compliance and Record Accuracy Definition: Assesses the accuracy and completeness of procurement records and compliance with company standards and regulations. Timeline: Monthly. Frequency: Monthly review. Target: Achieve 100% accuracy in procurement records and compliance with company policies. SOPs: Record Maintenance: Maintain accurate and up-to-date records of all purchase transactions, including invoices and delivery information. Compliance Checks: Regularly review procurement activities for compliance with company policies and industry regulations. Reporting: Provide monthly reports on record accuracy and compliance status. Audit: Conduct periodic internal audits to ensure ongoing compliance and accuracy. Supplier Diversity Definition: Measures the proportion of procurement spend allocated to diverse suppliers (e.g., minority-owned, women-owned businesses). Timeline: Quarterly. Frequency: Quarterly review. Target: Achieve a minimum of 15% of procurement spend with diverse suppliers. SOPs: Supplier Identification: Identify and evaluate diverse suppliers for potential inclusion in the supply chain. Spend Tracking: Monitor and report on procurement spend with diverse suppliers. Diversity Goals: Develop strategies to increase procurement spend with diverse suppliers. Reporting: Provide quarterly reports on supplier diversity and progress towards goals.

Need a Purchase Manager having skill set as mentioned hereinabove at skill preference.

Position- Dy ManagerDepartment- Logistics and PurchaseExperience- 5 to 7 yearsQualification- Any graduate/PGLocation- Indore( Head office)CTC Range- 6.00- 7.00 LPALogistics & Purchase:1. Handling logistics of the company involving timely dispatches of seeds and other materials to different locations2. Handling procurement of packing materials, consumables, spares, capital assets, etc., and executing capital projects as per the needs of the organization.3. Negotiations with the transporters and vendors for cost-effective logistics and procurement.4. Efficient use of ERP software and Excel for discharging the above functions and coordination with different departments for this.Interested candidates share resume on only WhatsApp

Hiring for 2 Purchase Manager Jobs in Nemawar Road, with minimum 2 Years Experience, Required Educational Qualification is : Other Bachelor Degree with Good knowledge in Material Management, Logistics Warehouse operations, Material Procurement, Purchase Vendor Development, Material Management, Logistics / Warehouse operations, Material Procurement, Purchase Vendor Development etc.,

A) Talent Planning, Manpower Management, and Retention of off Rolls - Prepare the planning, organizing, and execution of events of a purple patch. Ensure that the organization has a pool of key talent (talent pipeline) for its future expansion.B) Team Payment Negotiations and Finalization -. To plan and recruit the right talents to manage and responsible for placing the right person at the right place for events and manager the TA lifecycle; within the agreed timeline and formally communicate the Candidates about the selection or the rejection (with reasons) and negotiate with the selected candidates on joining conditions and Keep the alternate of the candidate ready (buffer/Plan B) in case there is any discrepancyC )Contact Management Agreement with coordinators- Responsible for managing the contact between management and off rolls, customers, vendors, partners. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or executionD) Vendor Management To facilitate and maintain vendor relationships between businesses and suppliers, negotiating contracts, creating vendor standards, and finding the best available vendors and also responsible for researching and identifying the vendors offering quality products and services. Also, you should be able to negotiate product pricing and finalize the right deal.