Assistant Manager Procurement

5-7 Years

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Early Applicant

Job Description

Key Responsibilities:

Develop and execute procurement strategies aligned with company objectives
Manage the entire procurement process, from identifying needs to contract negotiation and vendor management
Analyze market trends, pricing, and supplier performance to make informed purchasing decisions
Negotiate contracts and agreements with suppliers to achieve optimal terms, pricing, and quality
Collaborate with internal stakeholders to understand their requirements and ensure procurement activities meet business needs
Implement and maintain a supplier evaluation and performance management system
Identify and mitigate supply chain risks through strategic sourcing and supplier diversification
Oversee the procurement team, providing guidance and mentorship to team members
Ensure compliance with company policies, industry regulations, and ethical standards in all procurement activities
Implement cost-saving initiatives and continuous improvement processes in the procurement function
Manage procurement budgets and track key performance indicators (KPIs)
Stay updated on industry best practices and emerging technologies in procurement and supply chain management

Qualifications:

Bachelor's degree in supply chain management, Business Administration, or related field; MBA preferred
5+ years of experience in procurement, sourcing, or supply chain management
Proven track record of successfully implementing procurement strategies and achieving cost savings
Strong negotiation and contract management skills
Excellent analytical and problem-solving abilities
Proficiency in procurement software and ERP systems
Knowledge of industry regulations and best practices in procurement
Outstanding communication and interpersonal skills
Leadership experience and ability to manage cross-functional teams
Professional certification (e.g., CPSM, CPM) is a plus