Procurement Manager

The Procurement Manager plays a crucial role in the efficient operation of a company's supply chain. Responsibilities include identifying potential suppliers, negotiating contracts, and managing supplier relationships to ensure timely delivery of goods and services at the best possible price. The Procurement Manager will oversee the purchasing process from sourcing to delivery, while also monitoring inventory levels and tracking supplier performance. This role requires strong analytical skills, excellent negotiation abilities, and a deep understanding of procurement strategies. The ideal candidate will have a proven track record in procurement management, with the ability to implement cost-saving initiatives and streamline procurement processes. Good communication skills and the ability to work well under pressure are also essential for success in this role.

Responsibilities

• Develop and implement procurement strategies to achieve cost savings and operational efficiencies.
• Identify and source reliable suppliers, negotiate contracts, and manage vendor relationships.
• Ensure compliance with company policies and procurement regulations.
• Analyze market trends and assess supplier performance to make informed purchasing decisions.
• Oversee the purchasing process from requisition to delivery, ensuring timely and cost-effective procurement of goods and services.
• Collaborate with internal stakeholders to understand their procurement needs and provide support and guidance.
• Manage and monitor inventory levels to prevent stockouts and minimize excess inventory.
• Conduct regular supplier evaluations and audits to maintain a high standard of quality and service.
• Lead and develop a team of procurement professionals, providing guidance and support to achieve departmental goals.
• Participate in cross-functional teams and projects to drive continuous improvement in procurement processes and systems.

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Proven experience working in procurement or supply chain management, with at least 5 years in a managerial role.
• Strong understanding of procurement processes, contract negotiation, and vendor management.
• Excellent analytical and problem-solving skills.
• Proficiency in Microsoft Office Suite and procurement software/systems.