Procurement Manager

• We are seeking an experienced and result-oriented Purchase & Procurement Manager to oversee the organization's procurement activities, vendor management, sourcing strategies, contract negotiations, and inventory planning. The candidate will be responsible for ensuring timely procurement of quality materials and services at competitive prices while maintaining cost efficiency and compliance with company policies.Procurement & PurchasingDevelop and implement procurement strategies aligned with business objectives.
• Source, evaluate, and negotiate with suppliers and vendors.
• Manage end-to-end procurement activities, including RFQs, purchase orders, and contract management.
• Ensure timely procurement of materials, equipment, and services.
• Monitor market trends, pricing, and supply risks.
• Vendor ManagementIdentify, evaluate, and onboard new suppliers.
• Build and maintain strong vendor relationships.
• Conduct supplier performance reviews and audits.
• Negotiate pricing, payment terms, delivery schedules, and service agreements.
• Cost Control & Budget ManagementAchieve cost savings through effective negotiations and sourcing strategies.
• Monitor procurement budgets and spending.
• Analyze procurement data and prepare cost-saving reports.
• Implement measures to optimize procurement costs without compromising quality.
• Inventory & Supply Chain CoordinationCoordinate with warehouse, production, and operations teams for material planning.
• Ensure optimum inventory levels to avoid stock shortages or excess inventory.
• Track material deliveries and resolve supply-related issues.
• Compliance & DocumentationEnsure procurement activities comply with company policies and regulatory requirements.
• Maintain accurate procurement records, contracts, and vendor documentation.
• Monitor adherence to quality standards and procurement procedures.
• Team ManagementLead and mentor the procurement team.
• Set procurement targets and monitor team performance.

Facilitate training and development initiatives for team members.