Procurement Manager

Job Overview

We are seeking an experienced and result-oriented Procurement Manager to oversee the company's purchasing activities, vendor management, and supply chain operations. The ideal candidate should have strong negotiation skills, commercial understanding, and the ability to ensure cost-effective procurement while maintaining quality standards.

• Key Skills RequiredStrong vendor sourcing and supplier management skills
• Excellent negotiation and cost-saving abilities
• Knowledge of procurement processes and supply chain management
• Strong analytical and decision-making skills
• Advanced MS Excel and reporting skills
• Inventory planning and stock management
• Purchase order and contract management
• Market research and price comparison expertise
• Excellent communication and interpersonal skills
• Team management and leadership abilities
• Knowledge of ERP software and procurement systems
• Problem-solving and conflict resolution skills
• Attention to detail and organizational skills
• Budgeting and cost control experience
• Ability to work under deadlines and manage multiple projects
• Key ResponsibilitiesDevelop and implement procurement strategies to optimize costs and quality.
• Identify, evaluate, and onboard new suppliers and vendors.
• Negotiate pricing, contracts, payment terms, and delivery schedules.
• Manage the complete procurement cycle from requisition to delivery.
• Monitor supplier performance and maintain strong vendor relationships.
• Conduct market research to identify cost-saving opportunities.
• Ensure timely procurement of goods and services to meet business requirements.
• Analyze purchasing data and prepare procurement reports.
• Coordinate with internal departments to understand purchasing needs.
• Maintain accurate procurement records and documentation.
• Monitor inventory levels and ensure optimal stock availability.
• Ensure compliance with company policies and procurement regulations.
• Resolve supplier-related issues and manage contract renewals.
• Lead and mentor the procurement team to achieve departmental goals.

Qualifications

• Bachelor's Degree in Supply Chain Management, Business Administration, Commerce, or a related field.
• 5+ years of experience in procurement, purchasing, or supply chain management.
• Experience in vendor development, strategic sourcing, and contract negotiation.
• Proficiency in MS Excel, ERP systems, and procurement software.

Performance Indicators (KPIs)

• Cost savings achieved through negotiations
• Vendor performance and delivery timelines
• Inventory optimization
• Purchase order accuracy
• Procurement cycle time reduction
• Supplier compliance and quality standards