Procurement Manager Job Description
The Procurement Manager plays a critical role in the organization, overseeing the sourcing and purchasing of goods and services to ensure alignment with company goals and objectives.
- Develops and implements procurement strategies that drive business growth and efficiency.
- Manages the entire procurement process : sourcing, negotiating, contracting, ordering, and delivery, ensuring compliance with regulatory requirements.
- Identifies and evaluates potential suppliers, establishing strong working relationships to secure best-in-class products and services.
- Conducts regular supplier performance reviews and ensures adherence to service-level agreements (SLAs), driving continuous improvement.
- Monitors inventory levels and forecasts demand to mitigate risk of stockouts or overstock, optimizing supply chain efficiency.
- Collaborates with internal departments to understand purchasing needs, streamlining communication and reducing delays.
- Analyzes procurement data to track key performance indicators (KPIs), cost savings, and process improvements, informing strategic decisions.
- Elevates procurement standards by ensuring compliance with legal and ethical guidelines in all purchasing activities.
- Expertly manages contract lifecycle, including renewal, amendments, and dispute resolution, maintaining strong relationships with vendors.
Requirements :
Bachelor's degree in Supply Chain Management, Business Administration, or related field.Minimum 5–7 years of experience in procurement, sourcing, or supply chain roles, with a proven track record of success.Demonstrated expertise in managing large-scale procurement projects or vendor portfolios, delivering value-added solutions.