
Purchasing Manager
2 days ago
DUTIES AND RESPONSIBILITIES:
Team Leadership and Supervision:
Lead and manage a team of buyers, ensuring tasks are completed efficiently and in line with departmental goals.
- Oversee the hiring process for purchasing personnel, including conducting employee interviews and reviewing departmental job descriptions.
- Provide training and development to purchasing staff to improve skills and ensure professional growth.
Operational Management & Oversight:
Ensuring all procurement operations are running smoothly, efficiently, and cost-effectively. This includes overseeing day-to-day purchasing activities, managing resources, optimizing supply chain operations, and ensuring compliance with organizational goals.
Supplier Management:
Approve Cost Comparison Analysis (CCA), Local Costing (LC), and Foreign Costing (FC).
- Identify and develop relationships with reliable suppliers and vendors.
- Negotiate contracts, prices, and terms with suppliers to secure the best possible deals.
- Manage Supplier Accreditations.
- Manage Purchase Orders (POs) and associated Bills.
- Manage Prepayments & Full payments
- Manage Broker & Forwarder Nominations.
- Manage Releasing Expenses.
- Manage Pricelists
- Manage Return Items.
Vendor Performance Evaluation:
Monitor supplier performance through regular assessments, including delivery times, quality, and compliance with contract terms.
- Resolve disputes and issues with suppliers, ensuring the company's standards are met.
Order Management:
Place orders for goods and services in line with company needs and production schedules.
- Collaborate with planning and inventory teams to maintain appropriate stock levels and minimize excess inventory.
- Identify reports needed in purchasing to measure departmental performance
- Oversee the on orders to ensure timely delivery and resolve any issues related to product quality, delivery delays, or incorrect orders.
Cost Management and Budgeting:
Oversee and manage the purchasing budget, ensuring that the company gets the best value for its purchases.
- Perform cost analysis and develop strategies to reduce expenses while maintaining product quality and service standards.
- Ensure purchasing decisions are aligned with the company's financial goals.
Inventory Control:
Monitor inventory levels to avoid overstocking or stockouts.
- Implement inventory management systems to track stock and streamline the purchasing process.
- Ensure inventory is updated and reports are accurate for financial tracking.
Compliance and Risk Management:
Ensure all purchasing activities comply with internal policies, industry standards, and legal requirements.
- Mitigate any potential risks related to supply chain disruptions or supplier insolvency.
Data Analysis and Reporting:
Analyze procurement data and trends to identify areas for improvement and cost-saving opportunities.
- Prepare regular reports on procurement activities, including costs, savings, and supplier performance, for senior management.
Collaboration with Other Departments:
- Work closely with production, finance, and operations teams to understand their needs and ensure procurement aligns with organizational goals.
- Participate in strategic planning sessions to forecast future needs based on sales forecasts, production schedules, or seasonal demand.
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