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Supply Chain Strategist

1 week ago

Quezon City, National Capital Region, Philippines Out of the Box Practices, Inc. Full time
About Out of the Box Practices, Inc.
We are a dynamic organization that values innovation and excellence in all aspects of our operations. Our commitment to delivering high-quality products and services drives our pursuit of exceptional talent.

Job Description:
Purchasing Manager
Job Summary:
The Purchasing Manager is responsible for overseeing the procurement of goods and services required for business operations, ensuring cost-effective purchasing while maintaining quality standards. This role involves developing procurement strategies, negotiating supplier contracts, managing inventory levels, and ensuring compliance with company policies and industry regulations.

Main Responsibilities:
1. Procurement Strategy & Planning
• Develop and implement purchasing strategies to optimize cost, quality, and delivery efficiency.
• Analyze market trends, supplier performance, and pricing to make informed purchasing decisions.
• Forecast procurement needs based on company requirements, inventory levels, and demand.
2. Supplier Management & Negotiation
• Identify, evaluate, and maintain relationships with reliable suppliers and vendors.
• Negotiate contracts, pricing, and terms to ensure favorable conditions for the company.
• Monitor supplier performance, addressing issues related to product quality, delivery, and service.
• Source alternative suppliers to mitigate supply chain risks.
3. Order Management & Inventory Control
• Oversee the entire purchase order process, ensuring accuracy and budget compliance.
• Collaborate with inventory and warehouse teams to maintain optimal stock levels.
• Monitor lead times and procurement schedules to prevent shortages or overstocking.
4. Cost Control & Budgeting
• Work within allocated budgets and identify cost-saving opportunities.
• Track procurement expenses and suggest cost-reduction strategies.
• Reduce waste and optimize purchasing efficiency without compromising quality.
5. Compliance & Risk Management
• Ensure all procurement activities comply with company policies, industry regulations, and legal requirements.
• Monitor supplier compliance with contract terms and quality standards.
• Address supply chain risks and implement contingency plans.
6. Cross-Department Collaboration
• Work closely with finance, operations, and production teams to align procurement with business goals.
• Support new product development by sourcing materials efficiently.
• Communicate purchasing updates and potential supply chain risks to management.
7. Reporting & Documentation
• Maintain accurate records of purchases, contracts, and supplier performance.
• Generate procurement reports to assess spending trends and supplier efficiency.
• Use data analysis tools to improve decision-making and procurement processes.