Procurement Manager

Occupation Description

Procurement Manager is a supply chain and logistics professional specialized in ensuring the cost-effective purchase of all materials and services as required by the procurement plan whilst ensuring quality control and compliance with the Company’s policies and procedures. He / She will adopt different sourcing strategies, discover new suppliers, negotiate prices with vendors, examine existing contracts, and find ways to reduce procurement costs.

Job Scope

• Create and implement regional procurement strategies that are innovative, cost-effective, and incorporate the growing complexities and challenges within the company.
• Build long-term relationships with vendors in the industry.
• Compare proposals for price and specifications.
• Negotiate with vendors to reduce costs.
• Review contract specifications on behalf of the company with the concerned business unit.
• Communicate with vendors to ensure that the product arrives on time and in duration.
• Build and maintain long-term relationships with critical suppliers.
• Manage technological systems that track the shipment, inventory, and supply of materials tender and approval.
• Lead transformational activities to build procurement organizational capabilities and improve procurement efficiency.
• Prepare daily, weekly, and monthly procurement reports.
• Ensure adherence to all safety, health, and environmental rules and regulations.
• Keep up-to-date on changing industry trends.
• Conducts necessary cost/risk analysis to provide advice, data, and support for decisions to renew, renegotiate, or competitively source materials or services.
• Perform Spend Analysis by analyzing the Monthly, Quarterly, and Yearly Spend data; identifying sourcing opportunities such as supplier base rationalization and spend/savings forecasting.
• Define and track performance dashboard; accountable for the consolidated procurement performance.
• Support the team buyers in their consolidated negotiations and supplier management actions.
• Review and release POs once buyers finish it through the ERP system ‘’SAP’’; ensure the buyers follow the procurement process and procedures in accordance with the company policy and procedures.

Education and Most Common Work Experience Requested

• Bachelor’s Degree in Business Administration, Logistics, or similar relevant fields.
• 10+ years of experience of which a minimum of 3 – 5 years should be in a similar position, in a similar Industry.