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Procurement Operations Manager

3 months ago

Thane, India Revvity Full time

Key Responsibilities

Strategic Planning and Policy Development:

Develop and implement procurement strategies that align with the organization's objectives. Create, review, and update procurement policies and procedures to ensure compliance with legal and regulatory requirements. Identify opportunities for cost savings and efficiency improvements in the procurement process.

Supplier Management:

Build and maintain strong relationships with suppliers and vendors. Evaluate and select suppliers based on quality, cost, reliability, and service. Negotiate contracts, terms, and conditions with suppliers to secure favorable terms.

Project Planning and Management:

Define project scope, goals, and deliverables that support business objectives in collaboration with senior management and stakeholders. Develop comprehensive project plans, including timelines, resource allocation, and budget estimates. Coordinate and manage project team members, assigning tasks and responsibilities as needed.

Stakeholder Communication:

Identify and engage with key stakeholders to understand their requirements and expectations. Facilitate regular project meetings and communicate project progress, risks, and issues to stakeholders and senior management. Prepare and deliver project status reports, proposals, documentation, and presentations.

Procurement Process Management:

Oversee the entire procurement process from requisition to delivery, ensuring timely and accurate completion of purchases. Manage procurement staff, providing guidance, training, and performance evaluations. Implement and maintain a procurement system for tracking orders, deliveries, and payments.

Budget and Cost Control:

Develop and manage the procurement budget. Monitor spending and ensure adherence to budgetary constraints. Analyze spending patterns and financial reports to identify areas for cost reduction.

Risk Management and Compliance:

Identify and mitigate risks associated with the procurement process. Ensure compliance with internal policies, industry standards, and legal requirements. Conduct regular audits of procurement activities and implement corrective actions as needed.

Performance Monitoring and Reporting:

Establish key performance indicators (KPIs) to measure the efficiency and effectiveness of the procurement process. Prepare and present regular reports on procurement activities, performance, and cost savings to senior management. Use data and analytics to drive continuous improvement in procurement operations.

Required Skills and Qualifications

Education: Bachelor’s degree in business administration, Supply Chain Management, or a related field. A master’s degree or professional certification (e.g., CPM, CPSM) is preferred. Experience: Minimum of 10-12 years of experience in procurement, supply chain management, or a related field, with at least 3 years in a managerial role. Technical Skills: Proficiency in procurement software and tools, ERP systems, and MS Office Suite. Analytical Skills: Strong analytical and problem-solving skills, with the ability to analyze complex data and make informed decisions. Negotiation Skills: Excellent negotiation and contract management skills. Communication Skills: Strong verbal and written communication skills, with the ability to interact effectively with suppliers, vendors, and internal stakeholders. Leadership Skills: Proven ability to lead, motivate, and manage a team effectively. Organizational Skills: Strong organizational and project management skills, with the ability to manage multiple priorities and meet deadlines.