Procurement Manager
Job Description
The Procurement Manager will lead the procurement department in managing supplier relationships, negotiating deals, and ensuring the timely acquisition of goods and services necessary for the company’s operations.
Responsibilities
- Planning, Strategy, Implementation and continuous monitoring/ improvement
- • Develop and implement procurement strategies to ensure the company's supply needs are met in a timely and cost-effective manner.
- • Monitor procurement processes and implement improvements as necessary.
- • Coordinate with other departments to forecast future supply needs.
- • Ensure compliance with procurement policies and procedures.
- • Build and maintain relationships with suppliers and negotiate contracts to secure advantageous terms.
- • Resolve supplier-related issues and disputes.
- • Collaborate with stakeholders to ensure clear requirements documentation.
- • Oversee the performance of the procurement department and its staff.
- • Conduct market research to identify procurement opportunities and potential suppliers.
- • Develop risk management procedures to mitigate supply chain vulnerabilities.
- • Prepare and present procurement reports to senior management. Relationship Management
- • The Procurement Manager is responsible for negotiating contracts with suppliers, addressing any problems or disagreements that might occur, and verifying that the suppliers are fulfilling their contractual commitments in terms of quality, cost, and delivery schedules.
- • Relationship management also encompasses the identification and nurturing of relationships with potential new suppliers as a component of the company's procurement strategy. This involves carrying out market research, participating in industry events, and utilizing networks to discover suppliers who can deliver the goods and services required by the company.
- • Furthermore, the Procurement Manager needs to maintain positive relationships with internal stakeholders, such as the Central Procurement, Operations, Finance, and Legal departments. This requires clear communication of requirements, collaboration on forecasting and planning, and joint problem-solving for any issues that might surface.