Procurement Manager 04N25

The Procurement Manager is responsible for overseeing the procurement process and ensuring the organization's requirements and goals are efficiently met while maintaining cost-effectiveness and quality standards. The ideal candidate will develop procurement strategies, manage vendor relationships, and ensure compliance with company policies and legal requirements. They must possess excellent analytical skills, exemplary negotiation abilities, and be adept at managing a team. As a pivotal role in the organization's supply chain, the Procurement Manager is expected to identify opportunities to streamline operations and reduce costs without compromising quality. This position demands a proactive individual who can work collaboratively with various departments to meet company's goals.

Responsibilities

• Develop and implement procurement strategies that align with business objectives.
• Maintain relationships with key suppliers to ensure continuous supply of goods.
• Negotiate contracts and agreements to ensure cost-effective practices.
• Manage procurement activities and direct procurement processes efficiently.
• Collaborate with internal stakeholders to forecast demand and plan supply accordingly.
• Review and analyze all vendors/suppliers, supply, and price options.
• Ensure compliance with company policies, procedures, and regulatory requirements.
• Lead and manage the procurement team to achieve company’s procurement goals.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Evaluate supplier performance and make necessary adjustments to contracts.
• Develop risk management strategies for unforeseen supply chain delays.
• Implement purchasing instructions and policies effectively across the organization.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 5 years experience in procurement or similar roles in a relevant industry.
• Strong negotiation skills and the ability to build lasting relationships with suppliers.
• Proficiency in procurement software and Microsoft Office Suite required.
• Excellent organizational skills and attention to detail are essential.
• Strong analytical and problem-solving skills essential for cost-effective solutions.
• Ability to work collaboratively with cross-functional teams to achieve objectives.
• Demonstrated leadership ability with previous experience managing a team preferred.
• Knowledge of sourcing and procurement techniques as well as a dexterity in “reading” the market.
• Strong decision-making skills and the capability to work well in fast-paced environments.