Procurement Manager
2 days ago
The Procurement Manager plays a crucial role in ensuring efficient and effective procurement processes within the organization. This position is responsible for managing administrative tasks related to procurement, vendor relationships, and contract management.
Role & responsibilities
- Manage purchase requisitions and ensure policy compliance
- Source and evaluate vendors; conduct RFQs, tenders, and auctions
- Negotiate best pricing and issue purchase orders
- Monitor costs, market trends, and optimize procurement spend
- Ensure legal and regulatory compliance in procurement activities
- Evaluate vendor performance and maintain strong relationships
- Coordinate inventory, billing, and timely payments
- Collaborate with internal teams for procurement needs
- Drive process improvements and automation
- Generate reports on spend, savings, and vendor metrics
- Uphold ethical standards and procurement code of
Preferred candidate profile
Educational Background:
- Any bachelors degree, preferably in business administration, supply chain management, or a related field is preferred.
Experience:
- Minimum of 8 years of experience in procurement, sourcing, or purchasing roles, preferably in the financial services or NBFC sector.
- Experience with procurement software or ERP systems (Oracle fusion including vendor portal is preferred)
Knowledge and Skills:
- Strong understanding of procurement processes, supplier management, and market analysis.
- Proficiency in procurement software, ERP systems, and Microsoft Excel.
- Excellent organizational and time management skills.
- Strong communication and negotiation skills to interact with vendors and internal stakeholders.
- Ability to manage multiple priorities and meet deadlines.
- Knowledge of relevant procurement laws and regulations
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