Responsibilities:
- Act as a point of contact between the company and suppliers
- Identify potential suppliers based on project requirements
- Negotiate contracts, terms and deadlines with vendors and suppliers
- Monitor and update relevant departments regarding price fluctuations of goods and vendor pricing
- Manage an efficient flow of goods to ensure optimum production
- Process purchase orders to acquire goods
- Liaises with key company employees to determine their product and service needs
- Monitors business trends and product availability to pay the best price for company goods and services without sacrificing quality or delivery times
- Nurtures relationships with suppliers to negotiate the best prices for company
- Identifies and researches potential new suppliers
- Researches new products and services to meet company's goals
- Assesses total costs of company purchases
- Develops and implements strategies for procuring, storing, and distributing goods or services and maintaining stock levels
- Oversees a team of purchasing agents
- Reports to the chief procurement officer
- Develop, hone and execute new improved procurement strategies across all channels of purchasing
- Evaluate and enhance our operations in local spend while researching and prospecting developments in global spend
- Manage every aspect of the supply chain and notify the senior management team of any possible obstacles to ideal efficiency
- Institute policies and procedures for collecting and reporting key metrics that will reduce our overall expenses while increasing productivity
- Perform cost analysis and set appropriate benchmarks
- Coordinate deliveries
- Create policies and procedures for risk management and mitigation
Qualifications for Procurement Manager:
- Extensive experience working in the procurement department in a related field
- Working knowledge of the industry and market conditions
- Strong understanding of procurement and negotiation techniques
- Excellent verbal and written communication skills
- Strong negotiation and conflict resolution skills
- Able to travel to meet with suppliers and work overtime as required
Salary offered: 12-15LPA
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