Purchasing Manager Responsibilities
· Devising and using fruitful procurement and sourcing strategies
· Discovering profitable suppliers and initiate procurement partnerships
· Negotiating with external vendors to secure advantageous terms
Job brief
Purchasing Manager responsibilities include strategizing to find cost-effective deals and suppliers. The Purchasing Manager’s duty is to discover the best ways to cut procurement expenses, so that the company can invest in growth and people.
Responsibilities
· Devise and use fruitful sourcing strategies
· Discover profitable suppliers and initiate business and organization partnerships
· Negotiate with external vendors to secure advantageous terms
· Approve the ordering of necessary goods and services
· Finalize purchase details of orders and deliveries
· Examine and test existing contracts
· Track and report key functional metrics to reduce expenses and improve effectiveness
· Collaborate with key persons to ensure clarity of the specifications and expectations of the company
· Foresee alterations in the comparative negotiating ability of suppliers and clients
· Expect unfavourable events through analysis of data and prepare control strategies
· Perform risk management for supply contracts and agreements
· Control spend and build a culture of long-term saving on procurement costs
Requirements
· Proven working experience as a procurement manager, procurement officer or head of procurement
· Knowledge of sourcing and procurement techniques as well as a dexterity in “reading” the market
· Talent in negotiations and networking
· Good knowledge of supplier or third-party management software
· Aptitude in decision-making and working with numbers
· Experience in collecting and analysing data
· Strong leadership capabilities
· BSc degree in supply chain management, logistics or business administration