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Procurement Manager
4 months ago
Job Overview: We are seeking a highly motivated and experienced Procurement Manager to join our clients team. The ideal candidate will be responsible for overseeing the procurement activities, ensuring cost-effective purchasing, and maintaining optimal inventory levels to support their freight forwarding operations. The Procurement Manager will play a crucial role in developing procurement strategies, negotiating with suppliers, and managing supplier relationships to achieve their business objectives.
Key Responsibilities:
Strategic Sourcing and Procurement:
- Develop and implement effective procurement strategies to meet the company's goals and objectives.
- Identify and evaluate potential suppliers, negotiate contracts, and manage supplier performance.
- Analyze market trends and conditions to ensure competitive pricing and terms.
Supplier Management:
- Establish and maintain strong relationships with key suppliers and vendors.
- Monitor supplier performance, address any issues, and ensure compliance with contractual terms.
- Conduct regular supplier audits and assessments to ensure quality and reliability.
Cost Management:
- Manage procurement budgets and forecast future procurement needs.
- Implement cost-saving initiatives and optimize procurement processes to reduce expenses.
- Monitor and report on procurement metrics and key performance indicators (KPIs).
Inventory Management:
- Oversee inventory levels and ensure timely replenishment to avoid stockouts.
- Coordinate with warehouse and logistics teams to streamline inventory management processes.
- Implement inventory control systems to track and manage stock efficiently.
Compliance and Risk Management:
- Ensure compliance with company policies, industry regulations, and legal requirements.
- Identify and mitigate potential risks associated with procurement activities.
- Maintain accurate records of procurement activities and documentation.
Team Leadership:
- Lead and mentor the procurement team, fostering a collaborative and high-performance culture.
- Provide training and development opportunities to enhance team capabilities.
- Set clear objectives and performance standards for the procurement team.
