Manager - Procurement

Job Description:

• Identifying and evaluating potential suppliers.
• Negotiating contracts, pricing, and terms with vendors.
• Maintaining strong relationships with existing suppliers.
• Resolving any issues or disputes with suppliers.
• Reviewing purchase requisitions and ensuring alignment with budget and requirements.
• Preparing and issuing purchase orders.
• Monitoring and following up on order status to ensure timely delivery.
• Handling any changes or cancellations of orders.
• Collaborating with warehouse and inventory teams to maintain appropriate stock levels.
• Analysing inventory data to identify and rectify potential shortages or overstock.
• Coordinating replenishment and stock rotation.
• Implementing strategies to optimize procurement costs while maintaining quality.
• Tracking and analysing spending patterns to identify cost-saving opportunities.
• Ensuring compliance with the organization’s budget and financial guidelines.
• Ensuring procurement activities comply with company policies, legal standards, and regulations.
• Maintaining accurate procurement records and reports.
• Handling vendor agreements, contracts, and documentation.
• Working closely with other departments (e.g., production, finance, logistics) to understand their purchasing needs.
• Assisting in the development and training of the procurement team.
• Supporting the Purchase Manager in daily operations and reporting.
• Vendor Evaluation and Audits
• Periodically reviewing supplier performance based on delivery, quality, and cost.
• Participating in supplier audits and ensuring compliance with standards.
• Staying updated with market trends, new products, and alternatives.
• Conducting price comparisons and sourcing alternative suppliers to ensure competitiveness.
• Should have knowledge about Microsoft Office.
• SAP Hana S4 - MM Module.