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Procurement Manager
2 weeks ago
Key Responsibilities:
Procurement Strategy:
Develop and implement procurement policies, procedures, and strategies to optimize cost, quality, and delivery timelines.
Vendor Management:
Identify, evaluate, and negotiate with suppliers and vendors for best pricing and service. Build and maintain strong supplier relationships.
Inventory Control:
Monitor and manage inventory levels to ensure availability of materials while minimizing excess stock and carrying costs.
Purchase Order Management:
Oversee the creation and processing of purchase orders. Ensure all purchases comply with company policies and budget. Data Analysis & Reporting:
Analyze inventory trends and procurement data to forecast demand and support decision-making. Provide regular reports to senior management.
Cost Optimization:
Drive cost-saving initiatives through competitive sourcing, bulk buying, and long-term supplier agreements.
Cross-Functional Collaboration:
Coordinate with finance, warehouse, and production teams to align procurement and inventory management