Job Brief
The Procurement Manager is responsible for planning, directing, and coordinating the purchasing activities of an organization. This role involves overseeing buyers and purchasing officers to ensure the procurement of high-quality materials, products, and services at competitive prices. The ideal candidate will possess strong negotiation skills, analytical abilities, and a solid understanding of supply chain management. A minimum of 5 years of experience in procurement or related fields is required, along with a proven track record of implementing cost-saving initiatives and optimizing procurement processes.
Responsibilities
- Develop and implement procurement strategies to optimize purchasing and supply chain processes.
- Manage relationships with suppliers and negotiate contracts to secure advantageous terms.
- Analyze market trends and supplier performance to identify cost reduction opportunities.
- Lead a team of procurement professionals to ensure effective purchasing operations.
- Ensure compliance with company policies and regulatory requirements in all procurement activities.
- Monitor inventory levels and forecast demand to maintain optimal stock levels.
- Prepare and maintain procurement reports, budgets, and forecasts for management review.
- Collaborate with internal departments to align procurement strategies with overall business objectives.
Requirements
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- Minimum of 5 years of experience in procurement or supply chain management.
- Strong negotiation and contract management skills.
- Proficient in procurement software and Microsoft Office Suite.
- Knowledge of supply chain and inventory management principles.
- Excellent analytical and problem-solving abilities.
- Certification in procurement (e.g., CPP, CPSM) is a plus.
- Strong interpersonal and communication skills for effective collaboration.
Similar Job Titles
- Purchasing Manager
- Supply Chain Manager
- Sourcing Manager
- Buying Manager
- Category Manager
- Procurement Specialist
- Materials Manager
- Vendor Manager