Purchasing Manager (225-817)

The role of a Purchasing Manager is critical in any organization, responsible for overseeing the procurement of goods and services, ensuring that the company’s operational requirements are met with efficiency and cost-effectiveness. The Purchasing Manager collaborates closely with suppliers, negotiates contracts, monitors inventory, and manages the procurement team. An individual in this position must possess exceptional communication and negotiation skills, combined with a solid understanding of market trends and supplier networks. Their primary goal is to ensure that the business has the necessary resources while optimizing costs, thus contributing significantly to the organization's overall profitability. The Purchasing Manager is expected to maintain strong vendor relations, ensure compliance with regulations, and develop strategies that align with the company's objectives.

Responsibilities

• Develop and implement procurement strategies that align with corporate goals and objectives.
• Negotiate contracts and agreements with suppliers to secure favorable terms and pricing.
• Establish and maintain long-term strategic relationships with key suppliers and vendors.
• Oversee and manage the purchasing team to enhance efficiency and performance.
• Monitor and forecast upcoming levels of demand to ensure availability of materials.
• Review supplier proposals and select the most suitable suppliers based on quality and cost.
• Ensure compliance with legal and corporate policies during the procurement process.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Conduct research to stay informed of market trends and industry best practices.
• Manage supplier performance by evaluating key performance indicators and feedback loops.
• Resolve vendor or contractor grievances and claims against suppliers effectively.
• Evaluate and identify cost-saving opportunities without compromising quality or performance.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field preferred.
• Five or more years of experience in purchasing or supply chain management is required.
• Strong negotiation skills and the ability to build and manage vendor relationships.
• Proficient in procurement software and Microsoft Office, particularly Excel and Word.
• Excellent analytical skills with the ability to analyze complex data to drive decisions.
• Strong understanding of contract law and governmental regulations concerning procurement.
• Exceptional communication skills to effectively collaborate with internal and external stakeholders.