Job Title:
Procurement Manager
Role Purpose:
The Procurement Manager is responsible for managing the procurement process to ensure the timely acquisition of high-quality goods and services at competitive prices. This role focuses on supplier management, purchasing activities, and compliance with procurement policies.
Key Activities:
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Manage day-to-day procurement activities, including ordering and purchasing of materials and supplies.
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Ensure timely delivery of goods to meet project deadlines.
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Maintain accurate records of procurement transactions and inventory levels.
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Collaborate with project teams to identify procurement needs and specifications.
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Identify, evaluate, and select suppliers based on quality, cost, and reliability.
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Negotiate contracts and terms with suppliers to secure favorable agreements.
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Monitor supplier performance and resolve any issues that arise.
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Build and maintain strong relationships with vendors to ensure collaboration.
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Assist in developing and managing the procurement budget, ensuring adherence to financial guidelines.
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Identify cost-saving opportunities within procurement processes.
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Prepare reports on procurement activities, expenditures, and performance metrics.
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Conduct regular reviews of procurement expenditures to optimize costs.
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Ensure compliance with company policies and procedures, as well as legal and regulatory requirements.
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Conduct audits of procurement processes to ensure adherence to established standards.
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Identify and mitigate procurement-related risks.
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Stay updated on industry regulations and best practices.
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Collaborate with cross-functional teams, including logistics and finance, to ensure smooth procurement operations.
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Provide support and training to junior procurement staff as needed.
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Participate in team meetings to align procurement activities with organizational goals.
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Assist in resolving any procurement-related issues that arise.
Industry / Domain :
Construction
Necessary Knowledge and Experience:
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Bachelor’s degree in supply chain management, Business Administration, or a related field.
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5-7 years of experience in procurement or supply chain management, with supervisory experience preferred.
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Strong understanding of procurement processes and best practices.
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Experience with procurement software and contract management systems.
Education and Certification Minimum Requirements:
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Bachelor’s degree in a relevant field.
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Relevant certifications (e.g., Certified Purchasing Manager, Certified Supply Chain Professional) are a plus.
Job Specific Technical Skills :
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Proficiency in procurement software and Microsoft Office Suite.
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Strong analytical and negotiation skills.
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Excellent communication and interpersonal skills.
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Ability to manage multiple projects and deadlines effectively.
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Knowledge of legal and regulatory requirements related to procurement.