Procurement Manager
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Key skills for this role
About the Role
Develop procurement strategies, manage sourcing and negotiations, maintain supplier relationships, and ensure compliance while leading a procurement team.
Key Skills for This Role
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Key Responsibilities
- Develop and implement procurement strategies aligned with business objectives.
- Manage the end-to-end procurement process including sourcing, negotiation, contracting, and purchasing.
- Identify, evaluate, and maintain relationships with reliable suppliers and vendors.
- Negotiate terms, pricing, and contracts to secure favorable agreements.
- Monitor inventory levels and collaborate with operations, supply chain, and finance teams to meet requirements.
- Ensure procurement activities comply with company policies, ethical standards, and legal regulations.
- Analyze market trends to identify opportunities for cost savings and efficiency improvements.
- Prepare procurement budgets, forecasts, and performance reports for management.
- Manage supplier performance and conduct regular evaluations.
- Lead, mentor, and develop the procurement team.
Qualifications
- Bachelor s degree in Supply Chain Management, Business Administration, Procurement, or related field.
- 5 8 years of experience in procurement, with at least 3 years in a managerial role.
- Strong knowledge of sourcing, vendor management, and contract negotiation.
- Experience with ERP or procurement software systems.
- Excellent negotiation, communication, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Knowledge of procurement regulations and compliance requirements.
- Leadership and team management skills.
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