Key Responsibilities:
Strategic Planning and Management:
- Develop and implement purchasing strategies that align with company objectives.
- Analyze market trends and conditions to identify opportunities for cost savings and efficiency improvements.
- Establish and monitor key performance indicators (KPIs) to measure the effectiveness of the procurement process.
Supplier Management:
- Identify, evaluate, and select suppliers based on quality, cost, delivery, and service.
- Negotiate contracts and agreements with suppliers to ensure the best possible terms.
- Develop and maintain strong relationships with key suppliers to ensure continuous improvement in quality and service.
Procurement Process:
- Oversee the entire procurement process, from requisition to delivery.
- Ensure compliance with company policies and procedures, as well as relevant laws and regulations.
- Implement and manage procurement systems and tools to streamline processes and improve efficiency.
Cost Management:
- Develop and manage the procurement budget.
- Identify cost-saving opportunities and implement measures to achieve them.
- Monitor and report on procurement expenditures and savings.
Team Leadership:
- Lead, mentor, and develop the purchasing team to achieve departmental and organizational goals.
- Foster a collaborative and high-performance culture within the team.
- Conduct performance evaluations and provide ongoing feedback and development opportunities for team members.
Collaboration and Communication:
- Work closely with other departments, such as production, logistics, and finance, to ensure alignment and effective communication.
- Act as a liaison between the purchasing department and other stakeholders.
- Provide regular updates and reports to senior management on procurement activities and performance.
Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. A Master's degree is a plus.Minimum of 7-10 years of experience in purchasing or procurement, with at least 3-5 years in a senior or managerial role.Strong knowledge of procurement principles, practices, and regulations.Excellent negotiation, communication, and interpersonal skills.Proven ability to develop and implement effective purchasing strategies.Strong analytical and problem-solving skills.Proficiency in procurement software and tools.Ability to work effectively in a fast-paced and dynamic environment.