Purchase Manager at Soho House & Co.

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

09 Apr, 26

Salary

0.0

Posted On

09 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Procurement, Supplier Management, Contract Negotiation, Inventory Control, Budgeting, Market Analysis, Quality Assurance, Vendor Management, Commercial Documentation, Cost Optimization, Taxation Knowledge, Auditing, Stocktaking, Project Coordination, Advertisement Planning, Compliance

Industry

Hospitality

Description

The Purchase Manager is responsible for overseeing the procurement of goods and services essential to the company’s operations. This role ensures that materials and products are sourced efficiently, cost-effectively, and in alignment with quality and compliance standards. The Purchase Manager develops and maintains strong relationships with suppliers, negotiates contracts, monitors inventory levels, and works closely with internal departments to meet business needs while optimizing costs and timelines. Development and implementation of key procurement strategies and ensure that plans are aligned with production / project requirement. Prepare yearly budget and analyze monthly purchase and variance report. Take initiatives towards aggressive price negotiations with the vendors & identify the most suited vendor with a proper price-quality balance. Vetting of necessary commercial documents. Handle complete commercial documentation for imports compliance with statutory regulations. Ensure adherence to quality standards & quality system management & maintain all related documents. Update the product knowledge with regards to the latest trends in the industry. To ensure steady & timely supply of materials at competitive rates and exercise optimum inventory control. Develop a cost effective vendor data base critical for effective supply of required goods and materials. Analyze market and delivery systems in order to assess present and future material availability. Handle all stores related activities, formalities and monthly stocktaking. Verify the requirements from the Projects and other departments and plan the procurement of materials for on time delivery. Recognize Taxation / Commercial and other Terms critical for procurement of materials at feasible rates and terms. Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment and supplies. Validate invoices as per agreed terms and resolve any invoicing / payment issues Develop and implement purchase and contract management instructions, policies, and procedures. Handle all the audits of the hotels in regard to the materials department & resolve the queries with the auditors in terms of process and documentation. Obtain feedback from auditors for better understanding the points raised by them. Plan and organize the process of Advertisement in the local newspapers for Annual Tenders.

Responsibilities

The Purchase Manager oversees the procurement of goods and services essential to the company’s operations, ensuring efficient and cost-effective sourcing. They develop procurement strategies, maintain supplier relationships, and monitor inventory levels to meet business needs.