Purchasing Manager

Job Description

Job Description

The Purchasing Manager will oversee and direct the procurement of goods and services, with a strong focus on capital project purchasing. This role is responsible for ensuring our client obtains high-quality materials, equipment, and supplies on schedule and at the most cost-effective prices. By maintaining an efficient supply chain, the Purchasing Manager plays a key role in supporting the success of capital projects.

Key Responsibilities

• Capital Project Purchasing : Support large capital projects in coordination with the project team to negotiate, contract, order, and track all purchasing required for the projects to adhere to the project schedule and specifications.
• Sourcing and Vetting Suppliers : Identify, evaluate, and select potential suppliers based on factors such as quality, price, reliability, and ethical practices.
• Contract Negotiations : Work with vendors to negotiate favorable pricing, terms, and delivery schedules.
• Contract Management : Manage vendor / supplier contracts to ensure compliance with terms, cost efficiency, service / goods quality, and on-time performance
• Developing Strategy : Create and implement procurement strategies and policies to optimize costs, reduce risks, and improve efficiency.
• Managing Vendor Relationships : Build and maintain strong, long-term relationships with suppliers.
• Inventory Management : Analyze demand, forecast future needs, and monitor inventory levels to prevent shortages or excess stock.
• Cost Tracking : Track purchasing metrics and performance to identify areas for improvement and cost-saving opportunities.
• Collaboration : Planning and coordinating the work of buyers and purchasing agents, and handling staff training and management.
• Cost Reductions : Develop cost reduction strategies and savings plans for key or high-spend categories
• Compliance : Ensure compliance with internal controls and corporate policies by monitoring procurement activities and maintaining adherence to approved authorization limits.
• Purchase Orders / Requisitions : Review purchase orders / requisitions for accuracy and compliance while ensuring timely and efficient procurement of goods and services.
• Supervision : Supervise and provide guidance to the Purchasing team, including workload management, training, and performance support.
• Reporting : Monitor and track open purchase commitments, and prepare regular reports on vendor negotiations, contract status, and purchase order progress to support informed decision-making.

Required Skills & Qualifications

Key Skills