Procurement Manager Job Description
The Procurement Manager plays a vital role in maintaining the overall supply chain operations of the company. You will collaborate with various departments to determine their purchasing needs, identify potential suppliers, negotiate contracts, and manage supplier relationships. In addition, you will monitor market trends, assess supplier performance, and resolve any issues or disputes that may arise.
Responsibilities
- Develop and implement procurement strategies to optimize costs and ensure timely delivery of goods and services
- Identify potential suppliers and evaluate their capabilities, pricing, and quality of goods and services
- Negotiate contracts and terms with suppliers to secure favorable terms and conditions
- Collaborate with departments to determine their purchasing needs and provide guidance on procurement processes
- Manage supplier relationships and resolve any issues or disputes that may arise
- Monitor market trends and industry developments to identify new opportunities and potential risks
- Assess supplier performance and conduct regular performance evaluations
- Maintain accurate records of procurement activities and documentation
- Ensure compliance with company policies and relevant regulatory requirements
Qualifications
- Bachelor's degree in supply chain management, business administration, or a related field
- Proven work experience as a Procurement Manager or in a similar role
- Strong knowledge of procurement principles, practices, and procedures
- Familiarity with supply chain management software or procurement tools
- Excellent negotiation and communication skills
- Strong analytical and problem-solving abilities
- Attention to detail and ability to prioritize tasks
- Ability to work well under pressure and meet tight deadlines
- Knowledge of relevant regulations and policies
Skills
- Supply chain management
- Negotiation
- Supplier relationship management
- Contract management
- Market research and analysis
- Problem-solving
- Communication
- Attention to detail
- Time management
- Compliance