Sr. Manager Procurement

8 - 12 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be responsible for developing and implementing procurement strategies that are in line with the organizational goals. This will involve conducting market research to assess suppliers based on quality, cost, and delivery. You will also be required to manage supplier relationships and ensure that all contracts are compliant. In this role, you will be responsible for drafting, reviewing, negotiating, and managing contracts with suppliers and service providers. It will be essential to ensure that all contracts adhere to company policies and legal requirements. You will also need to monitor contract performance, address any disputes that may arise, and maintain accurate records. As part of your responsibilities, you will lead negotiations to secure optimal terms and drive cost reduction initiatives while maintaining quality and service standards. It will be crucial to uphold ethical conduct and legal compliance in all procurement activities. You will be expected to identify and mitigate procurement risks, develop contingency plans for supply chain disruptions, and ensure alignment with sustainability and corporate social responsibility goals. Additionally, you will need to establish and maintain strong relationships with key suppliers, evaluate vendor performance, manage the selection process, and issue RFPs and RFQs. Ensuring adherence to procurement policies, procedures, and regulations will be a key aspect of your role. Staying informed about changes in procurement laws and best practices, conducting regular audits, and implementing corrective actions will also be part of your responsibilities. You will be required to prepare and present reports on cost, savings, and supplier performance, utilizing data analytics to drive procurement decisions and enhance efficiency. To qualify for this role, you should hold a Bachelor's degree in Engineering, Supply Chain Management, or a related field (an MBA is preferred). You should have 8-10 years of experience in procurement, contract management, or supply chain management, with proven success in contract negotiation and supplier management. Strong grasp of procurement processes and contract law, excellent negotiation and communication skills, proficiency in data analysis, and experience with procurement software such as Reverse Auction/SAP and MS Office are essential skills required for this position. Additionally, you should have the ability to work under pressure, meet tight deadlines, and uphold high integrity and ethical standards.,

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