Purchasing Manager

A Purchasing Manager is responsible for overseeing the procurement of goods and services for the company. They manage supplier relationships, negotiate contracts, and ensure the timely and cost-effective acquisition of products. This role involves strategic planning, inventory management, and working closely with other departments to meet operational needs while adhering to budget and quality standards.

Responsibilities:

• Develop and implement purchasing strategies to ensure the acquisition of high-quality products at competitive prices.

• Manage relationships with suppliers and vendors, ensuring reliable and timely delivery of goods.

• Negotiate contracts, pricing, and terms with suppliers to secure favorable agreements.

• Oversee the purchasing process from order placement to delivery, ensuring that orders are completed on time and within budget.

• Monitor inventory levels and forecast future needs based on company demands and trends.

• Analyze market conditions and supply chain risks to make informed purchasing decisions.

• Coordinate with other departments, such as production, sales, and logistics, to align purchasing strategies with overall business goals.

• Ensure compliance with company policies and industry regulations in all purchasing activities.

• Prepare and manage purchasing budgets, tracking expenditures and identifying opportunities for cost savings.

• Maintain accurate purchasing records, including order details, supplier information, and invoices.

Requirements:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.

• Proven experience in procurement or purchasing management (3-5 years preferred).

• Strong negotiation, communication, and interpersonal skills.

• In-depth knowledge of purchasing procedures, inventory management, and supplier relations.

• Ability to analyze data, manage budgets, and optimize procurement processes.

• Familiarity with procurement software and systems (e.g., SAP, Oracle).

• Strong organizational skills and attention to detail.

• Ability to work under pressure and handle multiple tasks simultaneously.

• Strong problem-solving skills and the ability to make decisions based on market trends and business needs.