Procurement Manager

Main tasks are as follows;

• Managing a company’s sourcing capabilities and supply chain.
• Strategizing and negotiating with suppliers and vendors to acquire cost-effective deals.
• Reducing procurement expenses.
• Overseeing purchasing activities, supplier evaluation, contract negotiation, and risk management.
• Identifying procurement needs, researching suppliers, and ensuring timely and cost-effective procurement.
• Sourcing products and services while optimizing quality and costs.
• Managing a team of procurement agents and monitoring company purchases.
• Conducts negotiations with sellers and vendors for the best possible prices.
• Select the right suppliers who will provide products or services that the company needs.
• Ensure that the company gets the best possible terms and conditions for the purchased goods or services.
• Inventory and logistics management for the purchased items.
• Order new supplies when they are running out.
• Develop and implement procurement strategies to optimize both efficiency and cost-effectiveness.
• Ensure that the company follows its contractual obligations.
• Oversee the renewal, termination, or renegotiation of procurement contracts.
• Keep updated knowledge of procurement best practices, and market conditions.
• Ensure that goods being purchased comply with relevant laws, regulations, and company policies.
• Manage relationships with suppliers and report to the management about any serious issues.
• Set and manage procurement KPIs to track and improve performance.
• Help in preparing reports on procurement expenditures and savings.