
Procurement Manager
1 week ago
Role & responsibilities
Developing and implementing procurement strategies to meet the company's needs and achieve
cost reductions while maintaining quality standards.
Lead and manage a team of purchasing professionals, providing guidance and support to ensure
the smooth operation of the department.
Collaborate with cross-functional teams to understand their procurement requirements and assist
in developing and implementing sourcing strategies.
Identify potential suppliers, evaluate their capabilities, negotiate contracts, and establish long-term
relationships to optimize the company's procurement process.
Ensure compliance with procurement policies, procedures, and industry regulations, and provide
guidance to the team on best practices.
Conduct market research and analysis to stay updated on industry trends and identify potential
opportunities for cost savings or process improvements.
Review and approve purchase orders, ensuring accuracy and compliance with budgetary
constraints.
Monitor supplier performance, including delivery times, quality of goods, and adherence to
contract terms, and address any issues or disputes that may arise.
Manage inventory levels, forecast future needs, and optimize stock levels to avoid shortages or
excess.
Collaborate with the finance department to ensure timely payment to suppliers and resolve any
payment discrepancies.
Prepare and present regular reports on procurement activities, including cost savings, supplier
performance, and market trends, to senior management.
Support, verify, monitor & follow up
Final stage of negotiation with vendor
Handle vendor related issues.
Preferred candidate profile
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