
Strategic Procurement Manager
2 days ago
The Procurement Specialist plays a pivotal role in ensuring the timely delivery of quality materials while optimizing costs.
About this Role:
- Procurement Excellence
- Develop and implement procurement strategies to drive cost efficiency, enhance quality, and meet delivery timelines.
- Identify and evaluate suppliers, manufacturers, and vendors to establish strong relationships.
- Negotiate contracts, pricing, and terms with suppliers to secure the best value for the organization.
- Maintain an up-to-date supplier database, continuously assessing performance and compliance.
- Technical Procurement Expertise
- Collaborate closely with engineering and project teams to understand technical requirements for materials and equipment.
- Ensure purchased materials comply with engineering specifications, industry standards, and safety regulations.
- Review and approve technical documents, material submittals, and compliance certifications.
- Conduct market research to identify cost-effective alternatives and innovative materials.
- Cost Optimization & Budget Management
- Monitor procurement budgets and implement cost-saving initiatives without compromising quality.
- Analyze procurement data and supplier performance to identify opportunities for cost reduction.
- Forecast pricing trends and market fluctuations to mitigate financial risks.
- Logistics & Supply Chain Coordination
- Ensure timely delivery of materials by coordinating with suppliers and logistics teams.
- Optimize supply chain processes to minimize delays and disruptions.
- Oversee international and domestic shipping, customs regulations, and import/export requirements.
- Compliance & Risk Management
- Ensure adherence to company policies, industry standards, and legal requirements.
- Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
- Manage contract disputes, warranties, and claims in collaboration with legal teams.
- Technology & Reporting
- Utilize procurement software and ERP systems to streamline purchasing workflows.
- Generate reports on procurement performance, supplier KPIs, and cost savings.
- Implement digital tools to enhance procurement efficiency and transparency.
Benefits:
- Opportunity to develop expertise in procurement operations and strategic management.
- Collaborative work environment with cross-functional teams.
- Professional growth and development opportunities.
Requirements:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field.
- Minimum 5 years of experience in procurement operations, preferably in a senior or leadership role.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work in a fast-paced environment and adapt to changing priorities.
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