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Job Description
- Forecast levels of demand for services and products
- Conduct research to source the best products and suppliers in terms of best value, delivery schedules, and quality
- Run tenders, evaluate bids, and make recommendations, based on commercial and technical factors
- Negotiate and agree on contracts, monitoring the quality of service provided
- Keep contract files and use them as reference for the future
- Build and maintain good relationships with new and existing suppliers
- Manage and motivate a team of procurement staff
- Liaise between suppliers, manufacturers, internal teams such as supply chain, planning, marketing, IT and sales, and customers
- Develop strategies to make sure that cost savings and supplier performance targets are met - or exceeded
- Undertake value for money reviews of existing contracts and arrangements
- Ensure the security and sustainability of sources of essential products and services
- Forecast price trends and their impact on future activities
- Give presentations about market analysis and possible growth
- Develop and implement a procurement strategy
- Analyze data and produce reports and statistics on spending and saving
- Ensure suppliers are aware of business objectives
- Attend meetings and trade conferences
- Keep up to date with trends and innovations, regulation, and new technology that can impact on the business
- Train junior members of staff.
Job Requirements
- Proven working experience as Purchasing Manager, Agent or Officer
- Familiarity with sourcing and vendor management
- Interest in market dynamics along with a business sense
- A knack for negotiation and networking
- Working experience of vendor management software
- Ability to gather and analyze data and to work with figures
- Solid judgment along with decision-making skills
- Strong leadership capabilities
- BS degree in supply chain management, logistics or business administration
