Procurement Manager
255, 2nd Floor, 8th Cross Rd, Ganapathy Nagar, Peenya Industrial Area Phase IV, Bangalore Hq, 560058, Karnataka
Procurement
Full-time
Graduation
On-site
Experience: 3 - 5 Years
Salary: 5 - 8 LPA
About the job
Skills :
Strategic Thinking Strong Leadership Excellent Communication Analytical skills Relationship management Contract management Strong negotiation skills Strategic sourcing Procurement technology Risk management
The Procurement Head is a senior-level executive responsible for managing the procurement function of an organization. The following is a typical job description for a Procurement Head:
Key Responsibilities:
- Develop and implement procurement strategies that support the organization's goals and objectives.
- Lead the procurement team in identifying and sourcing suppliers, negotiating contracts, and managing supplier relationships.
- Collaborate with other departments within the organization to understand their procurement needs and requirements.
- Develop and implement processes and policies to ensure compliance with procurement regulations and standards.
- Analyze market trends and best practices to identify opportunities for cost savings, efficiency improvements, and innovation.
- Manage the procurement budget, including forecasting and monitoring expenses.
- Develop and implement supplier performance metrics to ensure quality, delivery, and cost objectives are met.
- Lead the development and implementation of procurement technology solutions to improve efficiency and effectiveness.
- Provide leadership, guidance, and mentorship to the procurement team to ensure their professional growth and development.
- Represent the organization in supplier negotiations, industry associations, and other relevant forums.
Key Skills and Qualifications:
- Bachelor's or Master's degree in a relevant field such as supply chain management, procurement, or business administration.
- Proven experience as a Procurement Head or in a senior procurement leadership role.
- Strong understanding of procurement regulations and standards.
- Excellent negotiation and relationship management skills.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to manage and motivate a team.
- Ability to work collaboratively with other departments and stakeholders.
- Experience with procurement technology solutions.
- Strong project management skills.