About the job Purchasing Manager
Purchasing Manager
A private organization is seeking an experienced Purchasing Manager to oversee procurement operations, supplier sourcing, and vendor relationship management. This role is responsible for ensuring a seamless supply chain, optimizing costs, and driving process efficiency. The ideal candidate will be highly organized, strategic, and collaborative, with a strong understanding of procurement best practices.
This is an exciting opportunity to make a meaningful impact within a dynamic, fast-paced environment. The company offers competitive compensation, comprehensive benefits, and a culture that promotes learning and professional growth.
Objectives of the Role
- Develop and implement procurement strategies to enhance efficiency and reduce costs.
- Identify, evaluate, and select suppliers based on quality, reliability, and sustainability.
- Negotiate favorable contracts and terms with suppliers to support business objectives.
- Partner with internal teams to align procurement goals with organizational priorities.
- Conduct market analysis to stay current with trends, supplier capabilities, and pricing.
- Manage supplier relationships, monitor performance, and resolve issues proactively.
- Oversee inventory levels and demand planning to maintain optimal stock levels.
Key Responsibilities
Implement procurement systems and tools to streamline operations.
- Source and negotiate with new and existing suppliers, evaluating their performance regularly.
- Collaborate with cross-functional teams to forecast needs and develop procurement plans.
- Analyze inventory, consumption trends, and demand forecasts to optimize stock.
- Identify cost-saving opportunities and continuously improve procurement processes.
Prepare and present performance and cost analysis reports to leadership.
- Develop metrics to track procurement performance and sourcing effectiveness.
Promote sustainable and ethical sourcing practices.
Ensure compliance with all relevant regulations and company policies.
Required Qualifications
- Bachelors degree in Supply Chain Management, Business Administration, or a related field.
- Minimum of 5 years of experience in purchasing or procurement management.
Strong understanding of procurement principles, strategies, and systems.
Proven experience managing supplier relationships and contracts.
Demonstrated success in cost optimization and negotiation.
Strong analytical, communication, and interpersonal skills.
- Ability to work effectively in a collaborative and fast-paced environment.
- Knowledge of procurement-related regulations and compliance requirements.
Preferred Qualifications
Masters degree in a related field.
Professional certification in procurement or supply chain management.
Experience mentoring or leading procurement teams.
Proficiency with data analysis and reporting tools.
Detail-oriented with strong time management and organizational skills.
Familiarity with logistics, sourcing, and supply chain best practices.