What are the responsibilities and job description for the Purchasing Manager position at Talent Global Staffing INC?
About the Job : POSTION SUMMARYResponsible for developing and implementing purchasing strategies, managing supplier relationships, negotiating contracts, and ensuring the timely procurement of good and services at the best possible price, while maintaining quality standards and aligning with company needs requiring strong analytical skills, market knowledge and experience in vendor management to optimize cost and delivery timeliness Key ResponsibilitiesStrategy Development : Create and execute comprehensive purchasing strategies to meet organizational goals, including cost reduction initiatives and supplier diversification. Vendor Management : Identify, evaluate, and build relationship with potential suppliers, negotiate favourable pricing and contract terms. Cost Analysis : Analyse market trends, cost structures, and supplier performance to- identify cost-saving opportunities. Contract Negotiation : Lead contract negotiations with suppliers, ensuring compliance with legal requirements and company policies. Performance Tracking : Regularly review purchasing metrics (e.g. Cost saving, Quality and delivery) to identify areas for improvement. Team Leadership : Manage and develop a purchasing team, assigning task and providing guidance. QualificationsEducation : Bachelor’s degree in Business Administration, Supply Chain Management, or related field. Experience : Minimum of 3 years of experience in purchasing or procurement with a demonstrated success in vendor management and contract negotiation. Skills : Strong analytical and problem- solving skillsExcellent communication and interpersonal skills to build relationship with suppliers.Knowledge of market trends and industry standards.Negotiation and contract management expertise.Ability to manage multiple priorities and deadlines.Computer knowledge; Microsoft office, ERP, Advance Excel , Intermediate Power point