Purchase Manager 06F25

The Purchase Manager plays a critical role in any organization, ensuring that the supply chain is cost-efficient and well-coordinated. This role requires not only strategic planning and negotiation skills but also the ability to develop and maintain relationships with key suppliers. A purchasing manager must not only focus on cost-saving measures but also ensure the availability and quality of materials or services essential for operations. Excellent analytical skills are also needed to forecast future purchasing trends and to assess supplier performance. The Purchase Manager is vital in aligning the purchasing strategy with the company's overall goals, ensuring operational efficiency and establishing a steady flow of goods and services.

Responsibilities

• Develop and implement procurement strategies that are innovative and cost-effective.
• Negotiate contracts with suppliers to secure advantageous terms and conditions.
• Ensure procurement activities are in line with organizational policies and objectives.
• Monitor suppliers to ensure compliance with quality requirements and delivery timelines.
• Manage the company's supply chain operations and identify areas for improvement.
• Collaborate with key stakeholders to understand their needs and procurement requirements.
• Evaluate purchasing processes and initiate enhancements to achieve excellent performance.
• Build and maintain strong working relationships with vendors and suppliers.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Lead, train, and develop a high-performing purchasing team and set departmental goals.
• Review and process purchase orders and ensure efficient approval workflows.
• Forecast upcoming demand and perform risk management for supply contracts and agreements.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• A minimum of five years of experience in a managerial purchasing role.
• Proven ability to develop and maintain key supplier relationships effectively.
• Strong analytical skills with the ability to forecast and strategize procurement needs.
• In-depth knowledge of purchasing principles, best practices, and procurement regulations.
• Excellent negotiation, communication, and interpersonal skills are essential.
• Proficiency in procurement software and tools, as well as Microsoft Office Suite.