What are the responsibilities and job description for the Purchasing Manager position at VAYAN GROUP, LLC?
Job Description
Job Description
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
Supplier Management
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.
Cost Management and Savings Initiatives
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.
Warehouse
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
Skills and Competencies
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.
Qualifications and Experience
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.
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