Procurement Manager

1. JOB PURPOSE:

Procurement Manager will be responsible for overseeing the procurement process, ensuring that goods and services are acquired at the best possible price and quality. This role involves strategic sourcing, vendor management, and collaboration with various departments to meet organizational goals.

2. DUTIES AND RESPONSIBILITIES

1. Developing and Implementing Procurement Strategies:
   • Creating and executing plans to optimize the purchasing process, including sourcing strategies, supplier selection, and contract negotiation.
2. Managing Supplier Relationships:
   • Building and maintaining strong relationships with vendors, negotiating contracts, and evaluating their performance.
3. Ensuring Cost-Effectiveness:
   • Identifying opportunities to reduce costs through strategic sourcing, negotiation, and efficient inventory management.
4. Maintaining Quality Standards:
   • Ensuring that purchased goods and services meet the required quality standards and specifications.
5. Risk Management:
   • Identifying potential risks in the supply chain and developing strategies to mitigate them.
6. Compliance:
   • Ensuring that all procurement activities comply with relevant laws, regulations, and company policies.
7. Budget Management:
   • Managing procurement budgets and ensuring that spending stays within allocated limits.
8. Reporting and Analysis:
   • Tracking key performance indicators (KPIs), analyzing procurement data, and preparing reports for management.
   • Perform other tasks as assigned by Managing Director.

3. SKILLS & QUALIFICATIONS

• Bachelor’s degree in supply chain management, logistics or a similar field
• At least 5 years of experience in procurement, purchasing, or supply chain management 
• Prior experience working as a procurement manager or in the supply chain field
• Attention to detail along with outstanding verbal, written and interpersonal communication skills
• Experience working with vendors, suppliers or managing a team of procurement professionals
• Strong communication and stakeholder engagement skills.
• Experience in managing the end-to-end procurement process.
• Ability to analyse and manage contracts at all levels.
• Excellent organisational skills.
• Ability to identify issues through sound analysis and application of commercial acumen in all situations.
• Ability to manage multiple projects and stakeholders simultaneously.
• Ability to work both independently and as part of a team.
• Excellent written and verbal communication skills with strong attention to detail.
• Flexible with the ability to work effectively under pressure and manage conflicting priorities.