Procurement Manager 09F25

The Procurement Manager role is integral to any organization looking to optimize its purchasing strategy. This position requires a strategic thinker who can lead purchasing activities and manage supplier relationships while ensuring cost-efficiency and quality standards are met. The Procurement Manager will oversee a team of procurement professionals, guiding them in sourcing high-quality materials and negotiating favorable terms with vendors. They will develop long-term strategies to streamline procurement processes, enhance supplier performance, and support the company's goals. As part of the leadership team, the Procurement Manager works closely with other departments to ensure alignment of procurement strategies with overall business objectives. The role demands excellent organizational, negotiation, and problem-solving skills to handle the challenges of an ever-changing global supply chain landscape.

Responsibilities

• Develop and implement procurement strategies to drive cost-efficiency and quality improvement.
• Manage and supervise the procurement team to ensure effective operations and goal alignment.
• Negotiate contracts and agreements with suppliers to secure favorable terms for the organization.
• Evaluate and select potential suppliers based on their reliability, quality, and cost-effectiveness.
• Collaborate with various departments to understand their procurement needs and align with business objectives.
• Monitor and analyze market trends to identify opportunities for cost savings and process improvements.
• Ensure compliance with corporate policies and legal requirements in procurement activities.
• Develop and maintain strong relationships with key suppliers to ensure ongoing partnership benefits.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Prepare and present procurement reports to senior management and stakeholders for informed decision-making.
• Review and approve purchase orders for accuracy and compliance with company policies.
• Identify potential risks in the supply chain and develop mitigation strategies to minimize impacts.

Requirements

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• Minimum of 5 years of experience in procurement or supply chain management.
• Strong negotiation skills and the ability to maintain supplier relationships effectively.
• Excellent leadership and team management skills to motivate and guide a procurement team.
• Proficient in using procurement software and other relevant business tools.
• Understanding of market dynamics and sound business judgement.
• Strong analytical skills and the ability to present data-driven insights effectively.