Purchase Manager 06N25

The Purchase Manager plays a critical role within an organization by overseeing and managing the procurement processes and strategies to ensure cost-effective and efficient acquisition of goods and services. The Purchase Manager works closely with other departments to identify the needs of the organization and develop purchasing strategies that align with company goals. This role involves negotiating contracts, managing supplier relationships, and staying abreast of market trends to guarantee the organization gets the best possible deals. The ideal candidate will have strong analytical skills, excellent commercial awareness, and a proven track record in purchasing or supply chain management. They will also be adept at using procurement software and possess solid experience in managing budgets and analyzing cost savings.

Responsibilities

• Develop and implement purchasing strategies that support organizational goals and objectives.
• Negotiate contracts with suppliers to achieve favorable terms and conditions for the company.
• Manage supplier relationships to ensure continuity of supply and service excellence.
• Monitor and evaluate supplier performance to encourage improvement and compliance with terms.
• Coordinate with internal departments to identify current and anticipated procurement needs.
• Ensure compliance with relevant legal, health and safety, and regulatory requirements.
• Develop and maintain accurate purchasing records and reports for management review.
• Analyze market trends to anticipate changes in prices and availability and adjust purchasing strategies accordingly.
• Identify and implement cost-saving measures while maintaining quality standards.
• Train and support purchasing staff to develop their skills and improve productivity.
• Organize and lead meetings with suppliers to discuss performance, improvements, and future needs.
• Manage the budget for purchasing department to ensure cost-effectiveness and financial efficiency.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Proven experience in a purchasing or procurement role within a relevant industry.
• Strong negotiation skills and a deep understanding of purchasing principles and practices.
• Excellent communication, leadership, and interpersonal skills to manage teams and suppliers.
• Proficiency with procurement software and Microsoft Office Suite, particularly Excel.
• Ability to analyze market trends and apply findings to procurement strategies effectively.
• Detail-oriented with strong organizational and time-management abilities.
• Familiarity with contract law and regulatory requirements affecting procurement processes.
• Demonstrated ability to manage budgets and achieve cost savings in a dynamic environment.