Procurement Manager

Job Description

Job Description

Description:

The Procurement Manager is responsible for developing and executing sourcing strategies that support the company's operational goals while maintaining cost-effectiveness, quality, and timely delivery. This role oversees the day-to-day procurement functions, vendor relationships, and inventory management, and directly supervises Purchasing team members to ensure efficient and accurate purchasing practices.

• Develop, implement, and manage procurement strategies to support production schedules and operational needs.
• Supervise and provide leadership to the Purchasing team, including task oversight, performance management, and development.
• Evaluate and negotiate contracts with suppliers to ensure the best terms, pricing, and quality.
• Establish and maintain strong relationships with key vendors and suppliers; monitor supplier performance.
• Analyze purchasing trends, costs, and vendor performance to identify areas for improvement.
• Work cross-functionally with departments such as Production, Engineering, and Finance to align purchasing strategies with company objectives.
• Monitor inventory levels and coordinate with the warehouse or production to optimize stock levels without over-purchasing.
• Ensure compliance with company policies, industry regulations, and ethical standards in all procurement activities.
• Manage procurement reporting, including metrics on cost savings, supplier performance, and inventory turns.
• Resolve any procurement-related issues or delays with urgency and professionalism.

Required Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; equivalent experience may be considered.
• 5+ years of progressive experience in purchasing, procurement, or supply chain roles.
• 2+ years of supervisory experience preferred.
• Proficiency with ERP/MRP systems and Microsoft Office Suite.

Knowledge, Skills & Abilities

• Strong understanding of procurement practices, supply chain processes, and vendor management.
• Solid analytical and problem-solving skills, with the ability to interpret data and make sound business decisions.
• Proficient in ERP/MRP systems and Microsoft Excel; ability to generate and interpret procurement reports.
• Excellent negotiation skills with a proven track record of cost savings and supplier performance improvement.
• Strong interpersonal and communication skills to work effectively across departments and with external vendors.
• Ability to manage multiple priorities and meet deadlines in a dynamic, fast-paced environment.
• High level of integrity and attention to detail.
• Working knowledge of contract terms and applicable compliance regulations.
• Ability to identify and implement process improvements for procurement efficiency.
• Comfortable with strategic planning as well as hands-on, day-to-day purchasing activities.

Supervisory Responsibilities

• Directly supervises the Purchasing team, including task delegation, training, coaching, and performance evaluation.
• Ensures adherence to company purchasing policies and procedures within the purchasing function.
• Monitors workload and supports prioritization to maintain efficiency and accuracy.
• Provides guidance and development opportunities to enhance the performance and growth of direct reports.
• Collaborates with leadership to align procurement staffing needs with company objectives

Travel

• This role requires minimal travel, primarily for training purposes. Travel will be limited and scheduled in advance.