Procurement Manager

Job Description :

§ Formulating and implementing purchasing strategies that align with the organization’s goals and objectives.

§ Analyzing market trends to optimize purchasing strategies and reduce costs.

§ Identifying, evaluating, and selecting suppliers based on quality, price, and reliability.

§ Building and maintaining strong relationships with key suppliers and vendors.

§ Conducting performance evaluations of suppliers and addressing issues as they arise.

§ Negotiating contracts, terms, and prices with suppliers to secure the best possible deals.

§ Ensuring compliance with legal and regulatory requirements in all contracts.

§ Developing and managing the purchasing budget to ensure financial objectives are met.

§ Monitoring and controlling expenditures to stay within budgetary constraints.

§ Overseeing inventory levels and ensuring that procurement meets operational needs without overstocking.

§ Implementing effective inventory control measures to reduce waste and improve efficiency.

§ Collaborating with various departments, such as operations, finance, and quality assurance, to understand their purchasing needs and to coordinate efforts.

§ Facilitating communication between departments to ensure alignment on procurement goals.

§ Conducting market research to identify new suppliers and alternative products.

§ Analyzing pricing trends and market conditions to inform purchasing decisions.

§ Identifying opportunities to streamline and improve the procurement process for greater efficiency.

§ Implementing best practices in purchasing and procurement methodologies.

§ Leading and mentoring the purchasing team, conducting performance reviews, and fostering professional development.

§ Ensuring the team is trained on procurement policies and procedures.

§ Ensuring compliance with company policies, industry standards, and applicable laws and regulations.

§ Preparing reports on purchasing activities, supplier performance, and market trends for senior management.

§ Assessing risks associated with suppliers and procurement processes and developing strategies to mitigate them.

§ Monitoring geopolitical and economic factors that may affect supply chain stability.

§ Implementing sustainable procurement practices and developing strategies for responsible sourcing.

§ Evaluating suppliers based on their sustainability practices.

Job Type: Full-time