What are the responsibilities and job description for the Procurement Manager position at The Lane Construction Corporation?
Description:
- Develops and implements procurement strategies for key commodities and spend categories to optimize purchasing power and achieve financial objectives for a business unit.
- Sources and evaluates suppliers, negotiates contracts, and maintains relationships to ensure quality, reliability, and competitive pricing.
- Manages the procurement process from requisition to delivery, ensuring timely and accurate fulfillment of orders.
- Collaborates with internal stakeholders to understand their procurement needs and requirements and provides guidance and support throughout the procurement process.
- Monitors and analyzes market trends, supplier performance, and industry developments to identify opportunities for improvement and risk mitigation.
- Maintains records of purchases, contracts, and supplier information, and generate reports on performance.
- Implements and enforces procurement procedures to ensure compliance with legal and regulatory requirements, as well as internal policies and standards.
- Mentors, coaches, provides feedback and evaluates the performance of Buyers as required.
- Collaborates with leaders to establish short and long-term supply chain objectives.
- Leads cross-functional teams.
- Evaluates vendor capabilities, reliability, and financial stability for qualification purposes.
- Performs other duties as assigned.
Qualifications:
- Bachelor's Degree
- 8 years of experience
