Procurement Manager (225-912)

The Procurement Manager plays a pivotal role in achieving an organization's strategic objectives by managing the company's essential sourcing and procurement processes. This key position involves developing and implementing effective procurement strategies, overseeing the purchasing of products and services, and ensuring that quality standards are met while staying within budget constraints. Procurement Managers liaise with suppliers, negotiate contracts, and maintain strong relationships with stakeholders to secure the best possible pricing and terms. They also play a critical role in analyzing market trends to forecast the needs of the organization effectively. The ideal candidate should be detail-oriented, possess excellent negotiation skills, and have a sound understanding of procurement processes and best practices. With the main goal of optimizing the company's purchasing operations, this role is integral in maintaining sustainable business performance.

Responsibilities

• Develop and implement procurement strategies that align with company objectives and goals.
• Negotiate contracts and terms with suppliers to secure advantageous deals for the company.
• Maintain and manage relationships with existing suppliers and seek out new suppliers as needed.
• Oversee purchasing activities and ensure compliance with company policies and regulatory requirements.
• Analyze and forecast industry trends to anticipate production and supply chain needs.
• Ensure that the procurement process is both cost-effective and aligned with quality standards.
• Coordinate with other departments to forecast demand and manage inventory levels efficiently.
• Prepare and present procurement reports to senior management and key stakeholders.
• Monitor and report on supplier performance to ensure supplies meet quality and delivery standards.
• Implement risk management strategies to manage potential supply chain disruptions.
• Develop and manage the procurement team to support company procurement initiatives effectively.
• Ensure all procurement activities are documented and easily accessible for auditing purposes.

Requirements

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• Minimum of five years of experience in procurement or supply chain management.
• Proven negotiation skills with a track record of achieving cost-effective procurement solutions.
• Strong analytical skills with the ability to forecast industry trends and changes effectively.
• Excellent communication and interpersonal skills for effective stakeholder and supplier management.
• Solid knowledge of ERP software and procurement management tools and platforms.
• Ability to manage multiple tasks and projects simultaneously in a fast-paced environment.
• Experience in developing and implementing procurement policies and procedures.