Procurement Manager 15D25

The Procurement Manager is a pivotal figure within an organization, tasked with overseeing the procurement process, ensuring that operations align flawlessly with the company's strategic objectives. This role involves managing vendor relationships, negotiating contracts, and finding cost-effective deals for the procurement of goods and services critical to the business operations. The Procurement Manager leads and directs the procurement function, ensuring that value for money is achieved while maintaining quality standards. With a keen focus on budget management, risk mitigation, and sustainable purchasing methods, they play a critical role in the supply chain process, ensuring timely delivery of goods and services while adhering to the organization's procurement policies and procedures.

Responsibilities

• Develop and implement procurement strategies that align with the company's goals and objectives.
• Oversee the procurement process from vendor selection, contract negotiation, to purchase order approvals.
• Ensure compliance with procurement regulations and organizational policies during the buying process.
• Manage relationships with suppliers to negotiate cost savings and favorable contract terms.
• Collaborate with internal departments to understand their procurement needs and budget constraints.
• Monitor market trends to identify changes in price or availability of materials and services.
• Review and approve large purchase orders, ensuring competitive pricing and quality standards.
• Lead and mentor the procurement team, providing guidance and support to achieve team goals.
• Conduct risk assessments to identify potential risks in the supply chain and operational areas.
• Develop and maintain a supplier management program to assess performance and ensure quality standards.
• Create and present procurement reports to upper management detailing cost savings and process efficiencies.
• Implement sustainable purchasing practices to encourage environmentally and socially responsible procurement.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Proven experience as a Procurement Manager or in a similarly strategic procurement role.
• Excellent negotiation skills with the ability to secure favorable contract terms and conditions.
• Strong leadership abilities with experience managing and developing a team effectively.
• Comprehensive understanding of procurement regulations and compliance requirements.
• Strong analytical skills with the ability to assess supplier performance and market trends.
• Proficiency in procurement software and tools, with strong Microsoft Office skills.