Procurement Manager

Job Overview:

The Procurement Manager will be responsible for overseeing the procurement process, ensuring that the organization acquires goods and services in a cost-effective and efficient manner. This role involves negotiating contracts, managing supplier relationships, and optimizing procurement strategies to support organizational goals.

Key Responsibilities:

• Procurement Strategy:
  • Develop and implement procurement strategies that align with the organization’s objectives and budget.
  • Identify opportunities for cost savings and process improvements in the procurement process.
• Supplier Management:
  • Establish and maintain strong relationships with suppliers and vendors.
  • Conduct supplier evaluations, audits, and performance reviews to ensure compliance with quality and delivery standards.
• Contract Negotiation:
  • Negotiate contracts and agreements with suppliers to secure the best possible terms and pricing.
  • Manage contract renewals and modifications as necessary.
• Purchase Order Management:
  • Oversee the creation and approval of purchase orders, ensuring accuracy and compliance with procurement policies.
  • Monitor inventory levels and coordinate with relevant departments to manage stock replenishment.
• Budget Management:
  • Assist in the development and management of the procurement budget.
  • Track spending and report on procurement metrics and savings achieved.
• Compliance and Risk Management:
  • Ensure compliance with organizational policies, regulations, and industry standards.
  • Identify and mitigate procurement risks associated with suppliers and contracts.
• Team Leadership:
  • Lead and develop the procurement team, providing training and support to enhance skills and performance.
  • Foster a collaborative and efficient procurement environment.

Qualifications:

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; a Master’s degree is a plus.
• Proven experience as a Procurement Manager or in a similar role, with a strong understanding of procurement processes and best practices.
• Professional certification (e.g., CPP, CPSM) is advantageous.

Skills:

• Strong negotiation and sourcing skills.
• Excellent communication and interpersonal skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Strong analytical and problem-solving abilities.
• Ability to manage multiple projects and prioritize tasks effectively.

Work Environment:

The Procurement Manager will work in an office environment, collaborating closely with various departments, including finance, operations, and supply chain management. Occasional travel may be required for supplier meetings or industry events.