Purchasing Manager (225-711)

The role of a Purchasing Manager is pivotal in ensuring that a company efficiently and cost-effectively procures the necessary materials, goods, and services that support its operations. As a Purchasing Manager, you will lead a team responsible for sourcing suppliers, negotiating contracts, and managing the supply chain to ensure timely delivery of high-quality products. This position requires a strategic thinker with strong analytical skills and excellent communication abilities to collaborate with various departments and vendors. You will be tasked with optimizing procurement strategies to achieve the company's financial objectives while maintaining high standards of quality and sustainability. Success in this role relies on continuously assessing market conditions, developing robust supplier relationships, and leveraging technology for procurement operations.

Responsibilities

• Develop and implement effective purchasing strategies to optimize cost-efficiency and timing.
• Identify, evaluate, and select vendors and suppliers to foster reliable partnerships.
• Negotiate contracts, terms, and pricing with vendors to ensure the best outcomes.
• Manage supplier performance through regular evaluations and performance assessments.
• Collaborate with internal teams to forecast demand and align purchasing strategies.
• Analyze market trends to anticipate changes and manage risks appropriately.
• Oversee the purchasing department operations and mentor team members for performance improvement.
• Ensure compliance with the company’s policies, procedures, and regulatory requirements.
• Monitor inventory levels to ensure adequate supply without overstocking or shortages.
• Implement procurement technologies to automate processes and increase efficiencies.
• Report on purchasing metrics, budgets, and cost savings to senior management.
• Drive sustainable procurement practices to meet corporate social responsibility goals.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of five years' experience in a purchasing or procurement management role.
• Strong negotiation skills with a proven track record of successful supplier agreements.
• Excellent analytical and problem-solving skills to evaluate complex cost structures.
• Ability to manage and mentor a team effectively, fostering professional development.
• Proficiency in procurement software such as SAP, Oracle, or similar platforms.
• Exceptional communication abilities to interact with vendors, stakeholders, and team members.
• Knowledge of industry regulations, compliance standards, and market trends.