Role Overview

Manages the sourcing, purchasing, and supplier relationships to ensure the organization obtains quality goods and services at competitive prices while maintaining efficient supply chain operations. They are responsible for strategic procurement decisions and vendor management. Responsibilities include developing procurement strategies, sourcing and evaluating suppliers, negotiating contracts and pricing, managing supplier relationships, ensuring procurement compliance, and optimizing procurement processes. They conduct market research, analyze spending patterns, manage procurement budgets, and coordinate with internal stakeholders to understand procurement needs. Daily tasks involve supplier negotiations, contract management, market analysis, procurement process oversight, vendor relationship management, and budget monitoring. Procurement Managers also evaluate procurement risks, implement cost-saving initiatives, ensure quality standards, and maintain procurement documentation and policies.