Title:
Procurement Manager (PMC)Key Responsibilities:
Procurement Strategy Development:
Develop and implement comprehensive procurement strategies that align with the overall objectives of the PMC and its clients.
Continuously evaluate and refine procurement processes to enhance efficiency and cost-effectiveness.
Supplier Management:
Identify, evaluate, and establish relationships with reliable suppliers and vendors.
Negotiate contracts and agreements to secure the best possible terms and conditions.
Foster long-term partnerships with key suppliers to ensure consistent quality and reliability.
Market Research and Analysis:
Conduct thorough market research to stay informed about industry trends, pricing, and new products.
Analyze market conditions to identify potential risks and opportunities in the supply chain.
Negotiation and Management:
Lead negotiations with suppliers to achieve favorable terms, including pricing, delivery schedules, and payment terms for Client.
Oversee the drafting, review, and management of procurement contracts to ensure compliance with legal and regulatory requirements.
Implement cost-saving initiatives and track procurement performance metrics to identify areas for improvement.
Risk Management:
Identify potential risks in the procurement process and develop mitigation strategies.
Conduct risk assessments on potential contracts and agreements to ensure they align with the company’s risk management policies.
Compliance and Reporting:
Ensure all procurement activities comply with relevant laws, regulations, and company policies.
Prepare and present regular reports on procurement activities, including cost analyses, supplier performance, and market trends.
Communication:
Serve as the point of contact for all procurement matters.
Develop and manage systems for expediting responses to queries from Vendors and project management teams.
Qualifications:
Education: Bachelor’s degree in Engineering. Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) are highly desirable.
Experience: 15 years plus Total Experience with minimum 5 years of experience in procurement management in food, dairy and pharma industry Projects.
Proven experience as a Procurement Manager or in a similar role within a PMC in related industry.
Skills:
Excellent negotiation and communication skills.
Strong analytical and problem-solving abilities.
Proficiency in procurement software and tools.