
Procurement Manager
2 weeks ago
Job Summary:
This role is designed to oversee and manage procurement activities with high organizational skills and experience.
The ideal candidate will be responsible for vendor coordination, purchase order issuance, price validation, credit control, shipment management, and cost optimization.
This position requires strong negotiation skills, analytical thinking, and the ability to work closely with internal departments such as SCM and Finance.
Main Responsibilities:- Procurement Oversight:
Oversee procurement activities to ensure timely and cost-effective delivery of goods and services.
Evaluate accuracy in terms of quantity, price, terms, and delivery dates.
- Negotiation & Contract Management:
Validate vendor pricing against market benchmarks and company standards.
Negotiate with vendors for better pricing and terms.
- Credit Management & Payment Terms:
Map vendor payments with agreed credit terms.
Monitor and control credit days to optimize working capital.
- Vendor Relationship Management:
Align vendor deliveries with SCM requirements.
Decide whether to hold or release shipments based on inventory or operational needs.
- Cost Optimization & Logistics:
Control logistics costs, including evaluating use of own vs. vendor transport.
Identify cost-saving opportunities without compromising quality or timelines.
- Order Tracking & Delivery:
Track purchase orders to ensure on-time delivery.
Communicate with vendors to resolve delays or discrepancies.
- Database Management:
Maintain accurate records of POs, vendor contracts, delivery schedules, and payments.
Update internal systems with order details such as dates, vendors, quantities, and discounts.
- Market Research:
Stay updated on pricing trends and industry developments through regular market research.
Provide data-driven insights for procurement strategy improvements.
- Reporting & Cost Analysis:
Prepare regular reports and cost analyses to support decision-making.
Assist in budgeting and forecasting related to procurement.
Requirements:- Bachelor's degree in Supply Chain Management, Business Administration, or related field.
- 3-5 years of experience in procurement or purchasing roles, preferably in a manufacturing or distribution environment.
- Strong knowledge of procurement processes, vendor management, and supply chain coordination.
- Excellent negotiation and communication skills.
- Proficiency in MS Office.
- Analytical mindset with strong attention to detail.
- Experience in cost control and logistics planning.
- Knowledge of transportation and import/export regulations.
- Strong understanding of contract terms and conditions.
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