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Title

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Procurement Lead

Description

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We are looking for a highly skilled Procurement Lead to oversee and manage the procurement processes within our organization. The ideal candidate will be responsible for developing procurement strategies, managing supplier relationships, negotiating contracts, and ensuring the timely acquisition of goods and services that meet quality and cost standards. This role requires strong leadership abilities, excellent communication skills, and a deep understanding of procurement best practices and market trends. The Procurement Lead will collaborate closely with various departments to align procurement activities with organizational goals and compliance requirements. Key responsibilities include analyzing market conditions, identifying cost-saving opportunities, managing procurement risks, and maintaining accurate procurement records. The successful candidate will play a critical role in driving efficiency, reducing costs, and supporting the overall operational success of the company.

Responsibilities

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  • Develop and implement procurement strategies aligned with company objectives.
  • Manage supplier relationships and evaluate supplier performance.
  • Negotiate contracts and terms with suppliers to secure advantageous terms.
  • Collaborate with internal departments to understand procurement needs.
  • Monitor market trends to identify potential risks and opportunities.
  • Ensure compliance with procurement policies and regulatory requirements.
  • Manage procurement budgets and forecast future needs.
  • Lead and mentor procurement team members.
  • Maintain accurate records of purchases, pricing, and supplier information.
  • Identify and implement cost reduction initiatives.

Requirements

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  • Bachelor's degree in Business, Supply Chain Management, or related field.
  • Proven experience in procurement or supply chain management.
  • Strong negotiation and contract management skills.
  • Excellent communication and interpersonal abilities.
  • Ability to analyze market data and procurement metrics.
  • Familiarity with procurement software and ERP systems.
  • Leadership experience with the ability to manage a team.
  • Strong organizational and multitasking skills.
  • Knowledge of relevant laws and regulations.
  • Problem-solving mindset and attention to detail.

Potential interview questions

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  • Can you describe your experience with supplier negotiations?
  • How do you ensure compliance with procurement policies?
  • What strategies do you use to identify cost-saving opportunities?
  • How do you manage relationships with difficult suppliers?
  • Describe your experience with procurement software.
  • How do you handle urgent procurement requests?
  • What metrics do you track to evaluate procurement performance?
  • Can you provide an example of a successful procurement project you led?