Job Description

Job Summary

• The Procurement Manager is responsible for overseeing the sourcing, purchasing, and vendor management functions of the organization to ensure the timely procurement of goods and services at the best possible cost, quality, and reliability. This role involves developing procurement strategies, negotiating contracts, analyzing spend, managing supplier relationships, and ensuring compliance with internal policies and external regulations.

Key Responsibilities

• Develop and implement procurement strategies aligned with company goals to drive cost savings, efficiency, and quality.
• Negotiate contracts, pricing, payment terms, and vendor agreements to ensure favorable terms for the company.
• Identify, evaluate, and select suppliers and vendors; monitor supplier performance and enforce service level agreements (SLAs).
• Manage the full procurement lifecycle from requisition to purchase order, through to delivery, invoicing, and reconciliation.
• Conduct market research and stay up to date on supply trends, pricing fluctuations, and risk factors that could impact the supply chain.
• Collaborate with cross‑functional teams (operations, finance, legal, quality, logistics) to forecast procurement needs, manage inventory, and help plan for new product or service launches.
• Ensure procurement activities comply with company policies, regulatory requirements, and ethical standards.
• Monitor budget performance, track procurement expenses, and report on key metrics / KPIs (e.g. cost savings, supplier performance, lead times).
• Lead and manage procurement or purchasing staff (if applicable), including coaching, performance reviews, and task delegation.
• Identify process improvements, streamline workflows, and implement procurement systems or tools (such as ERP, spend analytics) to increase efficiency.

Qualifications & Skills

Required:

• Bachelor’s degree in business, Supply Chain Management, Logistics, Finance, or a related field.
• Several years of progressive experience in procurement, supply chain, or purchasing roles (often 5+ years for managerial level).
• Strong negotiation skills and proven experience in managing contracts and vendor relationships.
• Analytical thinker able to perform cost analyses, market research, and risk assessments.
• Familiarity with procurement / ERP / spend management software and tools.
• Excellent communication and interpersonal skills, with ability to work with vendors, internal stakeholders, and leadership.

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