Procurement Manager job description (2024)

Procurement Manager responsibilities include:

• Devising and using fruitful procurement and sourcing strategies

• Discovering profitable suppliers and initiate procurementpartnerships

• Negotiating with external vendors to secure advantageous terms

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Job brief

We are looking for an experienced Procurement Manager to manage the company’s supply of products and services. Procurement Manager responsibilities include strategizing tofind cost-effective deals and suppliers.The Procurement Manager’s dutyis to discover the bestways to cut procurement expenses, so that the company can invest in growth and people.

Responsibilities

• Devise and use fruitful sourcing strategies

• Discover profitable suppliers and initiate business and organizationpartnerships

• Negotiate with external vendors to secure advantageous terms

• Approve the ordering of necessary goods and services

  See Also

  The 7 Key Steps of a Procurement Process

• Finalize purchase details of orders and deliveries

• Examine and test existing contracts

• Track and report key functional metrics to reduce expenses and improve effectiveness

• 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 andbuild a culture of long-term saving on procurement costs

Requirements and skills

• Proven working experience as a Procurement Manager, Procurement Officer 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 knowledgeof 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 or business administration