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Procurement Director
2 weeks ago
Job Title: Procurement Director
Job Summary:
The Procurement Director is responsible for overseeing the procurement process to ensure timely and cost-effective acquisition of goods and services that meet organizational standards.
Key Responsibilities:
- Strategic Planning:
- Develop and implement global procurement strategies to achieve cost savings and process efficiencies.
- Establish policies and procedures to standardize and optimize procurement operations.
- Supplier Management & Negotiations:
- Source, evaluate, and develop suppliers worldwide to ensure high-quality and reliable supply.
- Negotiate contracts, pricing, and delivery terms with vendors.
- Build and maintain strong supplier partnerships while managing performance through KPIs and regular reviews.
- Operational Excellence:
- Oversee the creation, approval, and tracking of purchase orders, requisitions, and contracts.
- Ensure alignment of purchasing activities with organizational goals and budget constraints.
- Monitor inventory levels and collaborate with Operations teams to forecast future supply needs.
- Compliance & Reporting:
- Ensure compliance with corporate procurement policies and international trade regulations.
- Maintain accurate procurement records, supplier databases, and audit-ready documentation.
- Prepare and present strategic purchasing reports and cost analysis to executive management.