Senior Procurement Manager

11 - 14 years

3 - 6 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

A Senior Procurement Manager job focuses on strategic leadership, including developing and executing procurement strategies, managing supplier relationships, and overseeing the entire procurement process. Key responsibilities include leading a team, managing budgets, negotiating complex contracts, ensuring cost efficiency, and maintaining compliance with regulations. This senior role requires strong analytical, leadership, and communication skills to ensure the acquisition of goods and services aligns with organizational goals.

Key responsibilities

  • Strategic leadership:

    Develop and implement overarching procurement strategies that align with the company's business goals. Lead and mentor a team of procurement staff.
  • Supplier and contract management:

    Manage and build long-term relationships with key suppliers. Oversee contract negotiations, renewals, and ensure all agreements and purchases adhere to contractual terms.
  • Budget and cost control:

    Set, monitor, and manage procurement budgets to ensure cost-effectiveness and prevent overruns. Track spending patterns and identify opportunities for cost savings.
  • Process oversight:

    Direct the end-to-end procurement process, from sourcing to delivery, while ensuring efficiency and compliance. This includes managing logistics and supply chain aspects.
  • Risk management and compliance:

    Identify and mitigate supply chain risks, such as supplier reliability issues or market volatility. Ensure all procurement activities comply with company policies, industry standards, and legal regulations.
  • Performance analysis:

    Analyze spend data, market trends, and supplier performance to inform strategic decisions.

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