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Title
Text copied to clipboard!Procurement Manager
Description
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We are looking for a seasoned Procurement Manager to lead our procurement department and oversee the purchasing activities of our organization. The ideal candidate will be responsible for developing procurement strategies that are inventive and cost-effective, and for buying the best quality equipment, goods, and services for the company at the most competitive prices. The Procurement Manager will work closely with the supply chain and logistics team to ensure the smooth flow of goods and services, manage vendor relationships, negotiate contracts, and analyze market trends. This role requires a strategic thinker with an eye for detail and a deep understanding of market dynamics. The successful candidate will be adept at managing and optimizing procurement processes, ensuring compliance with company policies and legal guidelines, and contributing to the overall efficiency and profitability of the organization. With a focus on sustainability and ethical procurement practices, the Procurement Manager will play a crucial role in supporting the company's growth and operational excellence.
Responsibilities
Text copied to clipboard!- Develop, hone and execute new improved procurement strategies across all channels of purchasing.
- Manage every aspect of the procurement process.
- Review and manage the supplier base to ensure consistency with the sourcing strategy.
- Create and implement KPIs for managing procurement performance and supplier effectiveness.
- Negotiate contracts and terms with suppliers and vendors.
- Analyze and calculate costs of procurement and suggest methods to decrease expenditure.
- Innovate and implement continuous improvement activities in procurement processes.
- Ensure the company adheres to legal standards and internal policies.
- Monitor macro trends in supplier and contract base and implement plans to react.
- Build and maintain long-term relationships with critical suppliers.
- Manage technological systems that track the shipment, inventory, and supply of materials.
- Lead transformational activities to build procurement organizational capabilities and improve procurement efficiency.
- Prepare procurement reports and update procurement data in company databases.
- Collaborate with key persons to ensure clarity of the specifications and expectations of the company.
- Foresee alterations in the comparative negotiating ability of suppliers and clients.
- Expect unfavorable events through analysis of data and prepare control strategies.
- Perform risk management for supply contracts and agreements.
- Control spend and build a culture of long-term saving on procurement costs.
Requirements
Text copied to clipboard!- Proven working experience as a Procurement Manager or Head of Procurement.
- Knowledge of sourcing and procurement techniques as well as a dexterity in “reading” the market.
- Talent in negotiations and networking.
- Good knowledge of supplier or third-party management software.
- Aptitude in decision-making and working with numbers.
- Experience in collecting and analyzing data.
- Strong leadership capabilities.
- BSc degree in supply chain management, logistics, business administration or similar.
- Solid analytical skills, with the ability to create financial reports and conduct cost analyses.
- Negotiation skills and the ability to network and influence people.
Potential interview questions
Text copied to clipboard!- Can you describe a time when you successfully negotiated a contract with a difficult supplier?
- How do you stay updated on market trends and apply this knowledge in your procurement strategies?
- What has been your most challenging procurement project and how did you manage it?
- How do you evaluate the performance of your suppliers?
- Can you explain a situation where you implemented a cost-saving strategy in procurement?
- How do you manage and mitigate risks in the procurement process?
- What strategies do you use to build and maintain strong relationships with suppliers?
- How do you ensure compliance with legal and ethical standards in procurement?
- Can you discuss your experience with procurement software and how it has benefited your management process?
- What do you think are the key trends in procurement today and how are you preparing for them?