Procurement Manager

Role Overview: As a Purchasing Manager, your role will involve developing, leading, and executing purchasing strategies to optimize procurement processes. You will be responsible for crafting negotiation strategies, forecasting market trends, and implementing cost analysis to enhance purchasing efficiency. Key Responsibilities: - Develop and execute purchasing strategies to streamline procurement processes - Craft negotiation strategies and close deals with optimal terms - Forecast price and market trends to identify changes in buyer-supplier power balance - Conduct cost and scenario analysis, benchmarking, and implement purchasing and contract management policies - Collaborate with the sales team on new proposals - Track and report key functional metrics to reduce expenses and enhance effectiveness - Partner with stakeholders to ensure clear requirements documentation - Identify and partner with reliable vendors and suppliers based on quality, cost, and reliability - Determine quantity and timing of deliveries, prepare requisitions, and purchase orders - Manage purchasing department budgets, interview and hire staff, oversee training - Review POs/Contracts for compliance with company policies, resolve grievances and claims - Evaluate specifications for issuing and awarding bids, arrange disposal of surplus materials Qualification Required: - Bachelor's Degree in Mechanical Engineering or BE/MBA in Materials Management/Supply Chain Management - Proficiency in Microsoft Word and Excel - Excellent interpersonal, organizational, communication, and negotiation skills - Self-directed individual capable of effective interaction with all levels of management - Strong verbal and written communication skills Additional Company Details: N/A,