We are seeking a highly skilled, experienced Procurement Manager to join our growing organization. In this position, you will manage our company’s supply operations for products and services, overseeing multiple responsibilities. You should be committed to discovering cost-effective deals and suppliers to build partnerships with, allowing the company to invest in growth and people.
Principal Duties and Responsibilities:
Plans and implements activities related to the timely, cost-effective procurement, inventory control, planning and quality control of production materials.
Develops, implements, and maintains policies, procedures, and material control systems to reduce costs, streamline procedures, and implement solutions.
Ensures the availability of materials in the supply chain, as scheduled, and the maintenance of inventory at minimum acceptable levels.
Responsible for sourcing and supplying raw materials, utilities and outside services, as well coordinating global procurement efforts.
Coordinates with finance/accounting on matters involving inventory carrying costs.
Reviews and plans requirements for acceptable inventory.
May assist with the establishment and maintenance of the production control system.
May work with customers in auditing customer inventory levels and with internal and external vendors to comply with inventory policies. Selects, develops, and evaluates personnel to ensure the efficient operation of the function.
Set, track, and maintain budget
Devise and utilize fruitful sourcing strategies
Research skills to discover profitable suppliers; work with vendors to secure advantageous terms
Initiate business and cultivate partnerships
Oversee supply needs; approve the ordering of necessary goods and services
Manage workflow from initiation to completion (of both purchased orders and deliveries)
Thoroughly examine and test existing contracts
Accurately track and report key functional metrics
Collaborate with key persons to ensure clear communication of the specifications and expectations of the company
Foresee trends and predict alterations in the negotiating ability of suppliers and clients
Anticipating unfavorable events through data analysis; prepare control strategies
Prepare risk management for supply contracts and agreements
Serve as the organization’s representative for the finance department on procurement issues and procedures.
Develop and coordinate new policies and procedures regarding procurement processes.
Conducts analysis of program policies and procedures, develops plans, formulates guidelines, implements new developments and procedures, and provides policy interpretation for finance to purchasing customers within corporate guidelines.
Prepare program guidelines, status reports and presentations for Finance and executive staff.
Process account applications and maintenance actions, and maintain accounts database.
Monitor approval of accounts to maintain an appropriate degree of control over vendor relationships.
Coordinate daily duties of procurement support staff.
Participate in developing requirements and be involved in the automation/test of procurement and logistics software
Assist in developing training material, preparing lesson plans, and overseeing procurement training.
Education & Professional Certifications:
Bachelor’s Degree in Supply Chain Management, Logistics, Business Administration or a similar field.
5-7 years of successful work experience as a Procurement Manager, Procurement Officer, or another relevant role.
Strong working knowledge of sourcing and procurement techniques as well as an aptitude for reading the market.
Exceptional talent in negotiating and networking.
Solid knowledge of supplier or third-party management software.
Outstanding decision-making skills and ability to work well with numbers.
Significant experience in collecting and analyzing data.
Excellent, mature leadership capabilities.
High degree of accuracy and attention to detail.
Exceptional communication skills.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
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