Purchase Manager
2 weeks ago
Role & responsibilities
Strategic Sourcing & Procurement Planning
Develop and execute procurement strategies aligned with the companys goals.
- Establish sourcing plans based on market analysis, demand forecasting, and cost-effectiveness.
Identify and select suppliers and vendors for various goods and services.
Vendor Management
Build and maintain relationships with key suppliers and vendors.
- Negotiate pricing, terms, and conditions with suppliers to secure the best deals.
Conduct regular supplier evaluations and audits to ensure quality and performance standards
Budget & Cost Control
Develop and manage the procurement budget to ensure cost-efficiency.
- Monitor spending and implement cost-saving initiatives without compromising quality.
Oversee the tracking of expenditures to meet budgetary constraints.
Team Leadership & Management
Lead and manage the purchasing department, including supervising procurement staff.
- Provide training and development to purchasing staff to ensure compliance with best practices.
Set performance goals for the procurement team and monitor progress.
Contract Negotiation & Management
Negotiate contracts with suppliers, ensuring favorable terms and conditions.
- Review and finalize contracts, ensuring legal and regulatory compliance.
Manage contract renewals, amendments, and disputes with suppliers.
Supply Chain Coordination
Oversee the timely delivery of purchased goods and services, minimizing stock outs or delays.
Address supply chain challenges such as disruptions, delays, or quality issues
Compliance & Risk Management
Ensure adherence to company policies, procurement regulations, and industry standards.
- Mitigate risks related to supply chain disruptions, quality control issues, and contract disputes.
Maintain accurate procurement records and documentation for audits.
Reporting & Analysis
Provide regular reports to senior management on procurement activities, savings, and supplier performance.
- Analyze procurement data to identify trends, opportunities, and areas for improvement.
Track key performance indicators (KPIs) to assess the efficiency of the procurement process.
Collaboration with Other Departments
Work closely with other departments (e.g., finance, Engineering, production, Stores) to understand their needs and align procurement activities.
Communicate procurement plans and initiatives to ensure organizational alignment
Innovation & Continuous Improvement
Stay updated on industry trends, new technologies, and best practices in procurement.
Implement process improvements to streamline procurement functions and reduce operational costs.
Any other task assigned by the Reporting Manager.
Candidate should from manufacturing company and regular graduate
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