Procurement Manager
5 days ago
On-site - Quezon City 5-10 Yrs Exp Bachelor Full-time
Job DescriptionEmployee Recognition and RewardsHoliday Gifts
Government Mandated BenefitsInsurance Health & WellnessHealth Insurance, Life Insurance, HMO
Description- Develop and implement procurement strategies that align with the company's goals and objectives.
- Collaborate with internal departments to identify procurement needs and requirements.
- Identify and evaluate potential suppliers based on quality, price, delivery, and other criteria.
- Build and maintain strong relationships with suppliers, negotiating terms and contracts.
- Monitor supplier performance and conduct regular supplier evaluations.
- Oversee the end-to-end procurement process, including requisition, sourcing, bidding, negotiation, and purchase.
- Ensure compliance with procurement policies, procedures, and regulatory requirements.
- Identify cost-saving opportunities through effective negotiation, strategic sourcing, and supplier consolidation.
- Monitor market trends and changes that could impact procurement costs.
- Review and manage contracts, agreements, and terms with suppliers to ensure legal and financial compliance.
- Collaborate with legal and relevant departments to draft and negotiate contracts.
- Collaborate with inventory management teams to optimize stock levels and minimize excess or obsolete inventory.
- Identify areas for process improvement within the procurement function and implement best practices.
- Lead, mentor, and develop the procurement team, ensuring optimal performance and professional growth.
- Generate regular reports on procurement activities, supplier performance, and cost savings.
- Analyze data to provide insights and recommendations for strategic decision-making.
- Bachelor's degree in Business, Supply Chain Management, or a related field.
- Proven experience of at least 10 years in procurement, sourcing, or supply chain management, with at least five (5) years in a managerial capacity.
- Strong knowledge of procurement principles, contract negotiation, and supplier relationship management.
- Familiarity with relevant regulations and laws related to procurement.
- Excellent negotiation, communication, and interpersonal skills.
- Analytical mindset and the ability to analyze data to make informed decisions.
- Strategic thinking and the ability to align procurement strategies with company objectives.
- Detail-oriented with strong organizational and time management skills.
- Ability to work under pressure, meet deadlines, and adapt to changing priorities.
- Collaborative and proactive approach to problem-solving.
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