Purchasing Manager
3 months ago
Responsibilities
- Develop, lead and execute purchasing strategies
- Craft negotiation strategies and close deals with optimal terms
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Partner with stakeholders to ensure clear requirements documentation
- Forecast price and market trends to identify changes of balance in buyer-supplier power
- Perform cost and scenario analysis, and benchmarking
- Seek and partner with reliable vendors and suppliers
- Determine the quantity and timing of deliveries
- Monitor and forecast upcoming levels of demand
- Develop and implement purchasing and contract management instructions, policies, and procedures
- Participate in the development of specifications for equipment, products, or substitute materials
- Resolve vendor or contractor grievances and claims against suppliers
Qualifications
- Bachelor’s degree in supply chain management, logistics, business administration, engineering or a related field; an MBA would be a plus
- Minimum of 5 years of experience in a purchasing role within the engineering industry
- Proven working experience as a purchasing manager or in a similar role
- Solid knowledge and understanding of purchasing processes, policy, and systems
- Proficient in Microsoft Office Suite and purchasing management software
- Proven ability to negotiate and sustain networking relationships
- Demonstrated ability to manage and supervise a team
- Strong critical thinking and problem-solving skills
- Excellent verbal and written communication skills
- Ability to work independently and handle multiple projects
- Ability to gather and analyze data and work with figures
- Comfortable with figures and in collecting, analyzing and interpreting data
- Solid judgement along with decision-making skills
- Strong leadership capabilities
- Professional certification in supply chain management or similar relevant field is a plus.
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