Procurement Manager (225-905)

A Procurement Manager plays an essential role in managing a company's sourcing capabilities and supply chain. They are responsible for strategizing to find cost-effective deals and suppliers while ensuring high-quality standards are met. Their role is crucial in ensuring the company maintains profitable operations and meets its procurement needs effectively and efficiently. This position involves evaluating suppliers, negotiating contracts, and overseeing purchasing budgets. The goal is to acquire essential goods and services at competitive prices that match the company’s quality expectations. Strong analytical skills, negotiation prowess, and the ability to build long-term supplier relationships are vital for success in this role.

Responsibilities

• Develop and implement procurement strategies that align with company objectives.
• Manage supplier relationships to ensure high-quality products and services are delivered.
• Analyze and forecast market trends to identify changes and assess the impact on supply chain activities.
• Negotiate contracts, terms, and deadlines with vendors and suppliers to secure advantageous pricing.
• Monitor and control budgetary limits to adhere to financial constraints and objectives.
• Prepare and process purchase orders and maintain records of goods ordered and received.
• Collaborate with key individuals to ensure clarity of specifications and expectations of the company.
• Develop risk management procedures to mitigate supply chain vulnerabilities.
• Evaluate vendor performance through systematic, data-driven analysis and feedback mechanisms.
• Conduct cost analyses to sustain profitability while ensuring a high standard of quality and sustainability.
• Lead a team of procurement specialists while setting objectives and performance monitoring.
• Ensure compliance with legal and regulatory requirements in all procurement activities and contracts.

Requirements

• Proven experience as a Procurement Manager or in a similar managerial role.
• Strong knowledge of supply chain management and procurement processes.
• Excellent negotiation skills with proven experience in securing beneficial contracts.
• Strong analytical skills and the ability to work with complex financial data.
• Ability to manage multiple tasks and prioritize in a fast-paced environment.
• Excellent communication and interpersonal skills for effective collaboration.
• Bachelor’s degree in supply chain management, logistics, business administration, or related field.