Location: Work From Home
Department: Procurement
Employment Type: Full-Time
Timing: 9 PM - 5 AM IST
Net Salary: 40K to 50K per month
5 Core is looking for a highly organized and strategic Purchase Manager to oversee our procurement processes and manage vendor relationships. In this role, you will be responsible for sourcing high-quality materials and products at competitive prices, ensuring that our supply chain operates efficiently and effectively to meet our business needs.
About 5 Core
Based in California, USA, 5 Core is a leader in the audio, electronics, and musical equipment industry, delivering high-quality products that cater to the needs of professionals and enthusiasts alike.
Key Roles and Responsibilities
- Vendor Management: Develop and maintain relationships with suppliers, negotiating contracts and terms to secure the best pricing and quality.
- Procurement Strategy: Create and implement purchasing strategies that align with company goals and optimize procurement processes.
- Market Research: Analyze market trends and evaluate potential suppliers to ensure the company has access to the best materials and products.
- Inventory Management: Monitor inventory levels and manage stock to prevent shortages and excess, ensuring timely delivery of products.
- Cost Control: Identify cost-saving opportunities and implement measures to reduce procurement expenses while maintaining product quality.
- Order Processing: Oversee the entire purchasing process from order placement to delivery, ensuring compliance with company policies and standards.
- Collaboration: Work closely with internal teams, including sales and production, to understand their purchasing needs and requirements.
- Reporting: Generate and present reports on procurement activities, vendor performance, and market analysis to senior management.
Qualifications
- Bachelor’s degree in business, supply chain management, or a related field.
- Proven experience as a Purchase Manager or in a similar procurement role, preferably in the electronics or manufacturing industry.
- Strong negotiation skills and the ability to build relationships with suppliers.
- Excellent analytical and problem-solving skills.
- Proficient in inventory management software and Microsoft Office Suite.
- Strong communication and interpersonal skills.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Knowledge of supply chain management best practices and industry trends.