Senior Purchase Executive 07J26

The Senior Purchase Executive plays a crucial role in managing and overseeing the procurement processes and functions of an organization. This pivotal role is responsible for ensuring the timely acquisition of goods and services essential for the organization's operations. By fostering strong relationships with suppliers and vendors, the Senior Purchase Executive ensures that the organization benefits from the most competitive pricing and terms. They are also tasked with developing strategies to optimize the supply chain, ensuring cost-effective and efficient procurement solutions, and maintaining accurate records of all transactions and contracts. In addition, the Senior Purchase Executive must collaborate closely with various departments to understand their purchasing needs, negotiate contracts, and implement procurement policies. This position requires a high level of expertise, analytical skills, and strategic vision to help the organization achieve its objectives effectively.

Responsibilities

• Oversee and manage the organization's procurement activities and staff effectively.
• Develop and implement procurement strategies to maximize cost-effectiveness.
• Establish and maintain strong relationships with suppliers and vendors.
• Negotiate contracts and pricing with suppliers to ensure favorable terms.
• Review and refine procurement policies and procedures to enhance efficiency.
• Analyze market trends to predict risks and opportunities in procurement.
• Ensure compliance with organizational policies and external regulations.
• Lead the procurement team in achieving departmental and organizational goals.
• Manage the procurement budget and report on expenditure and cost savings.
• Collaborate with internal departments to understand and meet purchasing needs.
• Monitor supplier performance and address any issues proactively.
• Prepare and present detailed procurement reports to senior management.

Requirements

• Bachelor’s degree in supply chain management, business, or a related field.
• Minimum of 5 years of experience in a purchasing or procurement role.
• Proven track record in vendor negotiation and contract management.
• Strong analytical skills and the ability to interpret market data effectively.
• Excellent interpersonal and communication skills for effective collaboration.
• Familiarity with supply chain management software and e-procurement systems.
• Strong leadership skills with experience managing a procurement team.