Senior Manager Procurement

R Procurement Strategy and Planning:
1. Develop and implement procurement strategies that align with company objectives.
2. Forecast procurement needs based on production schedules and business requirements.
3. Set purchasing policies and procedures to ensure cost efficiency, quality standards, and timely delivery. Supplier Management:
1. Identify and evaluate potential suppliers based on quality, cost, reliability, and service.
2. Negotiate prices, terms, and delivery schedules with suppliers.
3. Build and maintain strong relationships with key suppliers and vendors.
4. Monitor supplier performance and resolve issues related to quality or delivery delays. Inventory Management:
1. Ensure that inventory levels are adequate to meet production and operational needs while avoiding overstocking.
2. Manage stock levels and reordering schedules to optimize the procurement process.
3. Implement effective inventory control systems to reduce waste and excess stock. Cost Management:
1. Monitor and analyze market trends and industry pricing to secure the best deals.
2. Identify opportunities for cost reduction without compromising on quality.
3. Oversee budgeting for procurement activities and ensure cost-effective purchasing decisions. Order Processing and Documentation:
1. Oversee the preparation and management of purchase orders.
2. Track and ensure timely delivery of goods and services.
3. Maintain accurate records of purchases, pricing, and suppliers. Compliance and Risk Management:
1. Ensure compliance with company policies, industry standards, and legal regulations in procurement activities.
2. Conduct regular audits of procurement processes and inventories.
3. Address any procurement risks such as price fluctuations, supply chain disruptions, and vendor reliability. Team Management:
1. Supervise and mentor procurement staff to ensure optimal performance.
2. Provide training to team members on procurement processes and best practices.
3. Collaborate with other departments (e.g., finance, production, logistics) to align procurement needs with operational objectives. Reporting and Analysis:
1. Prepare regular reports on procurement activities, inventory levels, and supplier performance.
2. Analyze purchasing data to identify trends, opportunities for improvement, and cost-saving initiatives.