Purchasing Executive

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Responsibilities

• Research, identify, and establish relationships with reliable suppliers.
• Evaluate and select suppliers based on cost, quality, and delivery capabilities.
• Maintain ongoing relationships with suppliers to ensure satisfaction and timely delivery.
• Contract Negotiation:
  • Negotiate terms and conditions with suppliers to secure favorable pricing, delivery, and payment terms.
  • Review and finalize contracts to ensure compliance with company policies and regulations.
  • Resolve any contract disputes or issues that arise.
• Develop and implement procurement strategies to meet the company’s objectives.
• Forecast procurement needs and plan for inventory to meet production or operational demands.
• Continuously assess the effectiveness of purchasing strategies and make improvements.
• Inventory and Supply Chain Management:
  • Monitor and manage inventory levels to ensure a continuous supply of necessary materials without overstocking.
  • Collaborate with warehouse and logistics teams to manage stock levels and optimize the supply chain.
  • Ensure that materials are delivered on time and at the right quantity.
• Budget Management and Cost Control:
  • Develop and manage the procurement budget, ensuring cost-effective sourcing.
  • Track procurement costs and identify opportunities for cost savings or efficiencies.
  • Ensure the procurement process aligns with the company’s financial goals.
• Compliance and Risk Management:
  • Ensure all procurement activities comply with legal, regulatory, and company policies.
  • Monitor supplier performance to ensure adherence to contracts and quality standards.
  • Identify and mitigate procurement risks, including supply chain disruptions or price fluctuations.
• Reporting and Analysis:
  • Regularly report on procurement activities, supplier performance, and budget status.
  • Analyze procurement data to identify trends and areas for improvement.
  • Present reports to senior management and recommend actions for optimization.
• Work closely with internal teams, including finance, operations, and legal, to align procurement activities with overall business goals.
• Provide support and guidance to other departments regarding procurement processes and best practices.

Requirements for a Procurement Manager

• Education:
  • Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• Experience:
  • Minimum 5 years of experience in procurement or supply chain management, with at least 2 years in a managerial or leadership role.
  • Experience in negotiating contracts, managing suppliers, and managing budgets.
• Skills:
  • Strong negotiation, communication, and interpersonal skills.
  • Advanced analytical and problem-solving abilities.
  • Proficient in procurement software, ERP systems, and data analysis tools.
  • Expertise in inventory management, cost control, and budgeting.
  • Knowledge of supply chain dynamics and market trends.
  • Familiarity with legal, regulatory, and compliance standards in procurement.
• Personal Attributes:
  • Leadership skills with the ability to motivate and manage a team.
  • Detail-oriented, organized, and capable of managing multiple projects simultaneously.
  • Ability to work under pressure and meet deadlines.
  • Strong decision-making and critical thinking skills.
  • Adaptable and proactive in addressing issues and identifying opportunities for improvement.

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• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Purchasing Executive?
• Do you have previous invoicing experience?

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