Purchase Manager (225-611)

The Purchase Manager plays a critical role in the operational success of a company by overseeing all aspects of the procurement process. This position is responsible for ensuring that the organization acquires goods and services at the most favorable terms and within a timely manner, driving cost savings, and establishing strong vendor relationships. The Purchase Manager must possess strong analytical and negotiation skills and work collaboratively with different departments to understand their needs and procure the appropriate resources. The role demands a strategic mindset, as the Purchase Manager works to align procurement strategies with the company’s goals and regulatory requirements. The ideal candidate will have a proven track record in managing procurement cycles, optimizing supply chain operations, and leading a purchasing team effectively.

Responsibilities

• Develop and implement procurement strategies that are innovative and cost-effective.
• Negotiate contracts with suppliers to ensure advantageous terms for the company.
• Collaborate with key departments to forecast demand and manage inventory levels.
• Assess supplier performance and maintain a supplier database for reliable sourcing.
• Monitor market trends to identify supply risks and opportunities for savings.
• Lead procurement process optimization initiatives to enhance efficiency and transparency.
• Prepare detailed reports and analyses on procurement activities and outcomes.
• Manage procurement budget and ensure compliance with financial regulations.
• Supervise and mentor the purchasing team, fostering professional growth and development.
• Ensure all purchased goods and services meet quality and compliance standards.
• Coordinate logistics and delivery schedules to optimize resource utilization.
• Handle disputes and issues with suppliers in a professional and timely manner.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Minimum of five years' experience in a procurement or purchasing management role.
• Demonstrated ability to develop and execute cost-saving procurement strategies.
• Strong negotiation skills with a record of favorable contract settlements.
• Proficient in procurement software and Microsoft Office applications.
• Excellent communication and interpersonal skills to engage stakeholders effectively.
• Certification such as CPPB or CPPO is highly desirable but not mandatory.