Job Type
Full-time
Description
Job Purpose : A Procurement Manager sources products and services for a company. They create a buying strategy that takes into account the company budget and necessary supplies and then they find matching vendors.
An individual must be able to successfully perform the essential functions of this position with or without a reasonable accommodation.
Summary of Essential Job Duties :
- Research suppliers and vendors that meet the goals of the company.
- Discover profitable suppliers and initiate business and organization partnerships.
- Negotiate with external vendors to secure advantageous terms.
- Collect and analyze data to ensure the company is making the best decisions.
- Finalize purchase details of orders and deliveries.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Foresee alterations in the comparative negotiating ability of suppliers and clients.
- Collaborate with key persons to ensure clarity of the specifications and expectations of the company.
- Perform risk management for supply contracts and agreements.
- Control spend and build a culture of long-term saving on procurement costs.
- Negotiate contracts and amendments with approved suppliers that are in alignment with GSM.
- Work with 3rd party tools to add value to RFQ / RFP programs.
- Monitor industry and regulatory developments to assure utilization of optimum supplier selections and mitigate negative impacts.
- Analyze market trends and develop strategic sourcing activities that support logistics plans.
- Work with internal representatives to manage supplier relationships, hold regular supplier review meetings, administer vendor metrics, and give input on operational efficiencies where needed.
- With the support of key stakeholders, lead cross-functional teams to obtain consensus for the strategy and successful operational implementation plans.
- Create analytical models and reports to document and validate supplier savings achieved from RFQs and special cost reductions.
- Develop, align and drives strategic projects to improve procurement processes, tools, and efficiencies.
Requirements
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Proficiency in inventory and RFP management software.
- Strong understanding of procurement and negotiation technique.
- Strong research and analytical skills.
- Good knowledge of supplier or third party management software.
- Strong leadership capabilities.
- Working knowledge of the industry and market conditions.
- Excellent verbal and written communication skills
- Excellent Microsoft Excel skills, alongside willingness to learn proprietary systems.
Required Education and Experience :
- Bachelor's degree in business administration or a similar field.
- Proven working experience as a Procurement Manager, Procurement Officer or Head of Procurement.
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