Procurement Manager manages and directs the purchasing of all the goods and services a company needs. You will be responsible for identifying potential supplier sources, conducting interviews with potential vendors, negotiating favourable supplier agreements and managing supplier and vendor contracts.
Strategic Sourcing and Supplier Management:
- Develop and implement procurement strategies aligned with organizational goals.
- Identify and evaluate potential suppliers and negotiate contracts to secure favorable terms.
- Establish and maintain relationships with key suppliers and vendors.
- Conduct supplier performance reviews and manage supplier performance to ensure compliance with contract terms.
Procurement Process Management:
- Oversee the end-to-end procurement process from requisition to purchase order and delivery.
- Ensure procurement activities are conducted in compliance with legal and regulatory requirements.
- Develop and manage procurement policies and procedures to improve efficiency and effectiveness.
Cost Management and Budgeting:
- Monitor and manage procurement budgets to achieve cost savings and avoid overspending.
- Analyze market trends and pricing to make informed purchasing decisions.
- Implement cost-saving initiatives and procurement best practices.
Contract Management:
- Draft, review, and negotiate contracts with suppliers to ensure favorable terms and conditions.
- Monitor contract performance and compliance, and address any issues that arise.
- Ensure timely renewal and management of contracts.
Reporting and Analysis:
- Prepare and present procurement reports and metrics to senior management.
- Analyze procurement data to identify trends, opportunities, and areas for improvement.
- Ensure accurate and timely reporting of procurement activities and performance.
Qualifications:
- Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or a related field.
- Professional certification such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) is a plus.
- 8 years of experience in procurement, with a proven track record of successful supplier management and cost savings.
- Strong negotiation, analytical, and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficiency in procurement software and Microsoft Office Suite.
- Ability to work under pressure and manage multiple priorities.
This job has been sourced from an external job board.
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