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Procurement Manager

2 months ago


Ipswich, Suffolk, United Kingdom Elsdon Supply Chain Full time

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.