Procurement Manager (225-902)

The Procurement Manager is a critical role within any organization, responsible for overseeing and improving the supply chain, as well as developing procurement strategies that are efficient and cost-effective. The manager is tasked with evaluating suppliers, negotiating contracts, and ensuring that products and materials are procured in a timely manner to meet the company’s operational needs. The ideal candidate will be highly analytical, possess strong negotiation skills, and have an intimate understanding of market dynamics. In this role, you will collaborate with other departments, manage the procurement team, and be instrumental in enhancing the organization's overall purchasing performance. A strong understanding of inventory management, supply chain optimization, and the ability to forecast market trends are crucial for success in this position.

Responsibilities

• Develop and implement procurement strategies that align with organizational goals.
• Negotiate contracts and supplier agreements to secure advantageous terms.
• Manage relationships and partnerships with vendors and suppliers effectively.
• Analyze market trends to identify and act upon potential supply chain improvements.
• Coordinate with other departments to forecast demand and procure necessary supplies.
• Oversee the inventory management and purchasing of products and services.
• Ensure compliance with company policies, legal regulations, and ethical standards.
• Develop risk management strategies to manage supply and cost unpredictability.
• Lead, train, and mentor the procurement team to enhance their skills and performance.
• Evaluate supplier performance regularly to ensure continued quality and reliability.
• Establish and maintain a comprehensive vendor database for future procurement needs.
• Prepare and present detailed reports on procurement metrics to senior management.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Proven experience as a Procurement Manager or similar managerial role.
• Strong understanding of procurement and negotiation techniques and principles.
• Excellent leadership skills with experience in managing a diverse team.
• Strong analytical skills with the ability to handle complex data and decision-making.
• Solid understanding of market dynamics, supply chain management and demand forecasting.
• Exceptional communication and interpersonal skills for effective collaboration.
• Proficiency in procurement software and Microsoft Office Suite applications.