Procurement Manager

Role Summary :

The Procurement Manager is responsible for establishing and overseeing the procurement processes within the organization and ensuring cost-effective purchase of all materials and services. The Procurement Manager partners closely with the operations and quality teams to ensure compliance to appropriate policies and procedures while supporting strategic decision-making.

Job Responsibilities and Duties :

• Implement and administer a procurement process and system, working closely across the company to ensure requirements of the business are met and perform continuous improvements on the system and processes.
• Develop, lead, and execute purchasing strategies while partnering with stakeholders to ensure clear requirements documentation.
• Write and maintain policies and procedures around the procurement processes, ensuring that they align with quality / regulatory requirements.
• Assist with the business operations team to source items needed with preferred vendors and negotiate optimal pricing and terms.
• Craft negotiation strategies and close deals with optimal terms.
• Partner between buyers and suppliers to support and develop ongoing SRM (supplier relationship management).
• Working with operations, determine quantity, timing and forecasted demand of deliveries.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Actively participate in process improvement initiatives, identifying areas for efficiency gains and suggesting improvements to streamline accounting processes.
• Perform cost and scenario analysis, and benchmarking.
• Assess, manage, and mitigate supplier, system, and process risks.
• Collaborate with cross function teams, such as finance, operations, quality, regulatory and procurement to obtain necessary information, resolve issues, and support overall operations. Provide guidance or training to new team members when required.
• Identify areas of improvement, propose possible solutions and seek out opportunities to contribute to the execution of process improvements.
• Take full ownership of assigned work and ensure accuracy, completeness, and timeliness.

Job Requirements / Skills / Education :

Physical and Intellectual Requirements :

Ability to lift up to 30 lbs. and to handle standing, walking and sitting for 4 hours with limited rest intervals; good eye-hand coordination; fair eyesight (with or without correction lenses); normal hearing in at least one ear; ability to analyze situations, set priorities and meet deadlines while maintaining attention to detail in a fast-paced and dynamic environment; effective organizational skills; a commitment to continuous learning; an ability to work well both independently and as part of a team.