Procurement Manager

Roles & Responsibilities

• Implement purchasing policies, procedures and best practices.
• Identify and source new suppliers and vendors.
• Manage vendor and supplier selection process based on price, quality, support, capacity and reliability.
• Establish and update an approved vendor/supplier database.
• Develop, negotiate and administer purchasing agreements and contracts with suppliers in support of organizational requirements.
• Evaluate contracts to ensure compliance with legal requirements and organizational policies.
• Monitor supplier and vendor compliance with contractual agreements.
• Measure and manage vendor performance, quality and delivery performance.
• Oversee supplier compliance with internal quality standards and external regulations.
• Troubleshoot quality and delivery concerns.
• Manage risk relating to quality, cost, delivery and supply of purchases.
• Introduce performance measures for suppliers and vendors.
• Monitor and reduce purchase variances to meet profit objectives.
• Produce regular reports on purchase commitments, costs and delivery performance.
• Oversee the operations and daily activities of the purchasing department.
• Ensure good practice in pricing and cost preparation.
• Develop and implement purchasing strategies.
• Experience as a Purchase Manager or in a similar position.
• Deep knowledge of inventory and supply chain management.
• Excellent communication skills, both written and verbal.
• Strong critical thinking and negotiation skills.
• Strong planning and organizational skills.

Skill Set Required

• Experience in Purchase: Minimum 1015 years in similar activity.
• Experience in handling purchasing activities.
• New sourcing and establishment of suppliers/vendors.
• Working experience in Automotive OEM or Tier 1 companies with similar product lines.
• Ability to manage a team of 3–4 buyers.