Procurement Manager
- The Buyer position is responsible for procurement activities supporting category management strategies and business partner requirements for the Enterprise.
- Duties include locating sources of supply, issuing requests for quotes, conducting bidder meetings, analyzing bids and material reorder parameters, creating purchase orders (service and material), negotiating, creating purchase contracts for material purchases, expediting, resolving supplier problems, and other supply chain duties as required.
Education:
- Bachelor’s degree in Business, Law, Finance, Supply Chain preferred.
- Certified Purchasing Manager (CPM)
- Certified Professional in Supply Management (CPSM)
- Certified Professional Contract Manager (CPCM) is a plus.
- Experience in inventory management, procurement or contracts preferred.
- General knowledge of finance and accounting practices is desired.
- Strong knowledge of purchasing and supply chain practices and standards.
- Knowledge of Uniform Commercial Code.
- Strong knowledge of generation, power delivery, gas and corporate equipment and materials is desired.
- Strong knowledge of IBM’s Maximo ERP (Enterprise Resource Planning) system is desired.
- Working knowledge of Word, Excel and databases is required.
- Strong analytical skills, communication skills and negotiating skills.
- Ability to interact with business unit personnel and suppliers.
- Ability to handle multiple transactions while under time constraints.
- Strict adherence to Procurement Procedures and documentation requirements.
- General knowledge of business practices associated with procurement, such as budgeting, traffic/logistics, contracts, engineering, risk management, accounting and legal.
- Work closely with category managers, contract agents, and business partners to best accommodate their supply chain requirements for material and services purchases
- Develop and evaluate proposals for materials and services to determine best purchase alternative and instruments for automated purchasing options
- Issue orders for purchase of goods and services
- Resolve conflicts or discrepancies involving pricing, invoicing, specifications, and contracts
- Develop and maintain supplier relationships
- A Buyer with 10 to 15 years of experience is responsible for leading and managing the procurement function within an organization.
- This role involves overseeing the entire procurement process, including strategic sourcing, contract negotiation, and supplier management, to ensure cost effective and timely acquisition of goods and services.
- Procurement Strategy: Develop and execute procurement strategies aligned with the organization's goals, budget, and operational needs.
- Strategic Sourcing: Lead the strategic sourcing process, identifying potential suppliers, conducting market research, and evaluating supplier capabilities.
- Supplier Relationship Management: Build and maintain strong relationships with key suppliers. Monitor supplier performance, address issues, and collaborate to improve quality, cost, and delivery.
- Contract Negotiation: Lead negotiations with suppliers to secure favorable terms and conditions, including price, quality, payment terms, and delivery schedules.
- Procurement Team Leadership: Supervise and mentor procurement staff, delegating tasks, and providing guidance. Foster a collaborative and high-performance procurement team.
- Purchase Orders: Oversee the creation and management of purchase orders, ensuring accuracy and compliance with company policies and industry standards.
- Cost Reduction: Continuously seek opportunities to reduce procurement costs, conduct cost analysis, and optimize processes while maintaining or improving quality.
- Market Analysis: Stay up-to-date on market trends, industry developments, and pricing fluctuations. Use this knowledge to make informed procurement decisions.
- Inventory and Supply Chain Management: Collaborate with other departments to manage inventory levels, prevent stockouts, and maintain efficient supply chain operations.
- Contract Management: Manage supplier contracts, including renewals, modifications, and compliance with terms and conditions. Ensure all contractual obligations are met.
- Quality Assurance: Oversee quality assurance efforts, ensuring that purchased products or services meet established quality standards and regulatory requirements.
- Sustainability: Promote sustainability and responsible sourcing by considering environmental and ethical factors in procurement decisions.
- Legal and Regulatory Compliance: Ensure compliance with all legal and regulatory requirements, as well as internal procurement policies and procedures.
- Cost Analysis: Conduct in-depth cost analysis to identify cost-saving opportunities and provide regular reports to management.
- Risk Management: Develop and implement risk mitigation strategies related to procurement activities, including contingency plans for potential supply chain disruptions.
- Bachelor's degree in business, supply chain management, or a related field.
- Relevant professional certifications, such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM), are highly desirable.
- 10 to 15 years of experience in procurement or related roles, including a track record of progressively responsible positions in procurement management.
- Proficiency in procurement software and tools, as well as expertise in enterprise resource planning (ERP) systems.
- Strong negotiation, leadership, and interpersonal skills to build and manage supplier relationships and lead a procurement team.
- Exceptional analytical and problem-solving abilities for data-driven decision-making.
- In-depth knowledge of supply chain management principles and inventory control.
- Proficiency in legal and ethical issues related to procurement, including sustainability and responsible sourcing.
- Excellent communication skills, both written and verbal.
- Attention to detail, strong organizational skills, and the ability to manage multiple tasks and priorities.
- A proven track record of cost analysis, budget management, and procurement process optimization.
At our organization, we take our mission and values to heart! We are on a mission to offer more and better jobs all over the world! Our goal is to care for you while you care for our clients and get you paid the highest pay possible. All our associates working with us are expected to embrace our RACE values: R - Results Matter, A- Approachable, C - Care, and E - Emergency i.e. work with a sense of urgency. For more relevant job opportunities please visit our website: Denken Solutions Careers
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