Procurement Manager

Job Description

Establish and implement purchasing policies, procedures and best practices

Monitor ongoing compliance with purchasing policies and procedures

Direct procurement policies to ensure all items are purchased and delivered within budget and time constraints

Identify and source new suppliers and vendors

Manage vendor and supplier selection process based on price, quality, support, capacity and reliability

Develop and maintain strategic relationships with key suppliers and vendors

Establish and update an approved vendor/supplier database

Develop, negotiate and administer purchasing agreements and contracts with suppliers in support of organizational requirements

Evaluate contracts to ensure compliance with legal requirements and organizational policies

Monitor supplier and vendor compliance with contractual agreements

Measure and manage the vendor and supplier cost, quality and delivery performance

Oversee supplier compliance with internal quality standards and external regulations

Troubleshoot cost, quality and delivery concerns

Manage risk relating to quality, cost, delivery and supply of purchases

Introduce performance improvement measures for suppliers and vendors

Work with relevant departments to manage inventory requirements

Facilitate timely placement of purchase orders

Review purchase orders for proper authorization and compliance with organizational policy and procedures

Develop and manage purchasing budgets and forecasts

Monitor and reduce purchase variances to meet profit objectives

Produce regular reports on purchase commitments, costs and delivery performance

Oversee the operations and daily activities of the purchasing department

Performance manage, develop and motivate purchasing staff

Direct continuous improvement of purchasing processes in line with changing organizational needs and market conditions