Purchase Manager

Job Description

Position Overview The Purchase Manager is responsible for overseeing the procurement process, ensuring timely and cost-effective acquisition of goods and services, and maintaining strong relationships with suppliers. This role involves strategic planning, negotiation, inventory management, and cross-departmental collaboration to meet organizational objectives.in.indeed.com+12expertia.ai+12expertia.ai+12 Key Responsibilities Strategic Procurement Planning : Develop and implement purchasing strategies aligned with company goals. Supplier Management : Identify, evaluate, and establish relationships with reliable suppliers and vendors. Negotiation & Contract Management : Negotiate favorable terms, pricing, and contracts with suppliers. Inventory Oversight : Monitor inventory levels, forecast demand, and ensure timely replenishment of stock. Cross-Functional Collaboration : Work closely with internal departments like finance, operations, and inventory management to align procurement activities with overall company objectives. Budget Management : Prepare and manage the purchasing budget, ensuring cost-effectiveness. Compliance & Documentation : Ensure all procurement activities comply with company policies and legal regulations. Maintain accurate records of all purchases, pricing, and inventory. Performance Monitoring : Evaluate supplier performance and conduct regular assessments to ensure quality and reliability.superworks.com+1resources.workable.com+1expertia.ai Required Qualifications Education : Bachelors degree in Business Administration, Supply Chain Management, or a related field. Experience : Minimum of 5 years in a purchasing or procurement role, with proven experience in negotiating contracts and managing vendor relationships. Technical Skills : Proficiency in procurement software and tools; familiarity with ERP systems like SAP or Oracle is advantageous. Analytical Skills : Strong analytical and problem-solving abilities to assess supplier performance and market trends. Communication Skills : Excellent verbal and written communication skills for effective negotiation and collaboration. Leadership : Ability to lead and mentor a team, fostering a culture of excellence and continuous improvement.qureos.com+4expertia.ai+4expertia.ai+4superworks.com Preferred Qualifications Certifications : Certifications such as Certified Purchasing Professional (CPP) or Senior Professional in Supply Chain Management (SPSCM). Industry Knowledge : Experience in the specific industry relevant to the organization, understanding its unique procurement needs and challenges. Advanced Software Skills : Proficiency in advanced procurement tools and data analytics platforms