The Procurement Manager oversees a company’s sourcing capabilities and supply chain. He/She is responsible for finding and evaluating suppliers, products and services, negotiating contracts and acquiring the most cost-efficient deals without compromising on quality.
Key Responsibilities
- Liaises with key company employees to determine their product and service needs
- Negotiates with suppliers and vendors to secure advantageous terms.
- Delegates tasks and supervising the work of Purchasing and Procurement Agents across all departments
- Nurtures relationships with suppliers to negotiate the best prices for company
- Identifies and researches potential new suppliers
- Builds and maintains long-term relationships with vendors and suppliers.
- Acts as a point of contact between the company and suppliers
- Identifies areas for improvement to continually drive performance and business results
- Negotiates contracts, terms and deadlines with vendors and suppliers
- Leads a team of Purchasing Agents and delegate tasks across departments when necessary
Job Requirements/Qualifications:
- Bachelor’s degree in supply chain management, logistics, or business administration.
- Proven work experience as a Procurement Manager for more than 5 years
- Experience using supply chain management software and tools, including Oracle, SAP Ariba, and/or Envision.
- Solid knowledge of data analysis, inventory management software, and forecasting techniques.
- Knowledgeable of inventory software
- Working knowledge of the industry and market conditions
Skills needed for this role
The Procurement Manager must have a strong understanding of procurement and negotiation techniques and must have excellent verbal and written communication skills. He/she must have strong negotiation and conflict resolution skills. Being able to travel to meet with suppliers and work overtime as required is also essential for this role.
Career Level
Managerial
Job Specializations
Logistics, Procurement