Procurement Manager

Job Summary:

The Procurement Manager is responsible for overseeing the organization's purchasing activities, ensuring the timely acquisition of goods and services at the best value while maintaining high-quality standards. This role involves strategic sourcing, supplier relationship management, contract negotiation, and procurement process optimization.

Key Responsibilities:

1. Strategic Sourcing & Procurement Planning

2. Develop and implement procurement strategies aligned with company goals.

3. Analyze market trends to identify cost-saving opportunities and supply risks.
4. Forecast procurement needs in collaboration with various departments.

5. Supplier Management

6. Identify, evaluate, and select suppliers based on price, quality, and reliability.

7. Maintain strong relationships with existing suppliers and negotiate favorable terms.
8. Monitor supplier performance and compliance with contractual obligations.

9. Contract Management & Negotiation

10. Draft, review, and negotiate procurement contracts and agreements.

11. Ensure contracts comply with company policies and legal requirements.

12. Procurement Operations & Process Improvement

13. Oversee daily procurement operations and approval workflows.

14. Implement procurement best practices and optimize processes to improve efficiency.
15. Ensure timely delivery of goods and services to support operations.

16. Budgeting & Cost Control

17. Manage procurement budgets and track expenditure.

18. Identify cost reduction opportunities without compromising quality.

19. Compliance & Reporting

20. Ensure procurement activities comply with company policies, industry standards, and regulatory requirements.

21. Prepare and present regular reports on procurement performance, savings, and supplier performance.

Qualifications & Skills:

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• 5+ years of experience in procurement, with at least 2 years in a managerial role.
• Strong negotiation, analytical, and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Knowledge of procurement laws, regulations, and best practices.