What are the responsibilities and job description for the Purchasing Manager position at Vayan Group, LLC?
Job Description
Key Responsibilities
Procurement Strategy Development
Key Responsibilities
Procurement Strategy Development
- Develop and implement effective procurement strategies that align with the company’s objectives, budget constraints, and quality standards.
- Manage and optimize the supplier base and establish criteria for supplier selection, evaluation, and performance assessment.
- Establish and implement effective processes for job related travel booking
- Optimize margin attainment through purchasing of travel and project related costs
- Establish and maintain relationships with key suppliers to ensure quality, pricing, and delivery terms are met.
- Negotiate contracts, terms, and pricing with suppliers to achieve the best value.
- Negotiate deals and discounts with travel suppliers, airlines and hotels.
- Conduct regular supplier audits to assess compliance, quality standards, and adherence to contractual obligations.
- Assess and mitigate potential supply chain risks, developing contingency plans to address possible disruptions in supply of essential job supplies, tools, etc.
- Identify cost-saving opportunities and work collaboratively with suppliers and internal departments to implement savings initiatives.
- Monitor purchasing budgets and maintain an efficient purchasing process to minimize waste.
- Monitor and improve key KPI’s. ex: Cost per labor hour (CPLH) trends for consumable (safety items, printing, stickers, part marking materials, etc.
- Establish a process for both the set up and closing of Vayan warehouses to ensure smooth project kickoff and mitigate costly fees that can accompany the termination of lease contracts.
- Establish cost effective leasing plans for forklifts and similar items
- Strong Negotiation Skills: Able to negotiate favorable terms, prices, and delivery schedules with suppliers.
- Analytical Thinking: Skilled in analyzing market trends, supplier performance, and cost-benefit calculations to inform decision-making.
- Knowledge of Procurement and ERP Systems: Proficient in procurement software and enterprise resource planning (ERP) systems to streamline purchasing activities.
- Project Management: Capable of handling multiple projects, managing deadlines, and coordinating across departments.
- Communication and Interpersonal Skills: Strong communication skills to build relationships and manage interactions with internal and external stakeholders.
- Attention to Detail: Ensures accuracy and thoroughness in procurement processes, contract details, and compliance requirements.
- Bachelor’s degree in supply chain management, Business Administration, or a related field preferred.
- Experience: Minimum of [5-7] years in procurement, purchasing, or supply chain management, with at least [2] years in a managerial role.
- Systems: Experience with NetSuite is a plus.
