Procurement Manager

As a Procurement Manager, you will lead the procurement function, oversee purchasing activities, and manage vendor relationships to ensure the organization's sourcing needs are met efficiently and cost-effectively. Your expertise in procurement strategies, leadership skills, and supply chain management will contribute to optimizing procurement operations.

Responsibilities

• Develop and implement strategic procurement plans aligned with the organization's objectives and financial goals.
• Analyze market trends, supplier capabilities, and demand patterns to inform procurement decisions.
• Vendor Management:
• Identify, evaluate, and select suppliers based on criteria such as quality, cost, and reliability.
• Negotiate and manage contracts, terms, and conditions with suppliers.
• Source and procure goods, materials, equipment, and services required for various departments.
• Ensure timely availability of supplies while optimizing costs and maintaining quality.
• Lead and manage the procurement team, providing guidance, coaching, and performance feedback.
• Allocate tasks, set priorities, and ensure effective communication within the team.
• Implement strategic sourcing methodologies to achieve cost savings, quality improvements, and supply chain efficiencies.
• Plan procurement activities based on business needs, forecasts, and inventory levels.
• Collaborate with inventory and demand planning teams to ensure adequate stock levels.
• Lead negotiations with suppliers to secure favorable pricing, terms, and conditions.
• Draft, review, and manage supplier contracts, ensuring compliance with legal and regulatory requirements.
• Cultivate and maintain strong relationships with suppliers, addressing issues and fostering collaboration.
• Conduct regular supplier performance evaluations and quality assessments.
• Identify potential risks in the supply chain and develop strategies to mitigate disruptions.
• Ensure compliance with procurement policies, ethical standards, and regulatory guidelines.
• Monitor and manage procurement budgets, expenditures, and cost-saving initiatives.
• Prepare and present budget reports to management.
• Identify opportunities to streamline procurement processes and enhance operational efficiency.
• Implement best practices, technology solutions, and automation to improve procurement functions.