Procurement Manager
2 weeks ago
Job Overview:
Procurement ExecutiveThe Procurement Executive plays a pivotal role in ensuring the smooth operation of our organization by sourcing and acquiring goods and services at the best possible quality, cost, and terms.
This role requires strong negotiation and communication skills to build and maintain effective relationships with suppliers, as well as analytical skills to evaluate potential vendors and negotiate contracts.
Key Responsibilities:
- Collaborate with various departments to understand their procurement needs and develop strategies to meet those requirements.
- Evaluate and select potential suppliers based on factors such as quality, delivery, and cost.
- Negotiate contracts and agreements with suppliers to ensure favorable terms and conditions.
- Conduct supplier performance evaluations and resolve any issues related to quality, delivery, or cost.
Purchasing & Order Management:
- Procure goods and services in line with company requirements and ensure timely delivery.
- Issue purchase orders and track orders to ensure accurate and timely delivery of goods and services.
- Maintain accurate procurement records and reports to facilitate decision-making and optimize procurement processes.
Cost Control & Budget Management:
- Identify opportunities to reduce costs through alternative suppliers, bulk buying, or other cost-effective procurement solutions.
- Ensure compliance with internal procurement policies and external regulatory requirements to minimize risk and maximize efficiency.
Inventory Management:
- Work closely with inventory and warehouse teams to ensure optimal stock levels and minimize stockouts or overstocking.
- Coordinate the supply of materials to avoid production delays and ensure just-in-time inventory practices where applicable.
Reporting & Documentation:
- Prepare regular procurement reports and presentations for senior management to provide insights into procurement activities and optimize processes.
- Document procurement processes, contracts, and supplier agreements to maintain transparency and accountability.
Requirements:
- Bachelor's degree in Business Administration, Supply Chain Management, Procurement, or a related field.
- Professional certification (e.g., CIPS, CPSM) is a plus.
- 2–5 years of experience in procurement or supply chain management in Facilities Management.
- Familiarity with procurement software and tools (Oracle Fusion preferred).
Skills:
- Strong negotiation and communication skills.
- Ability to build and maintain supplier relationships.
- Analytical skills and attention to detail.
- Knowledge of procurement regulations and best practices.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
- Good organizational and multitasking skills.
- Understanding of inventory management and cost control techniques.
We offer a competitive compensation package and a dynamic work environment that values innovation and collaboration. If you are a motivated and results-driven professional looking to advance your career in procurement, we encourage you to apply for this exciting opportunity.
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