Job vacancy - Purchasing and Procurement Manager
Position: Purchasing and Procurement Manager
Reporting to the Finance Manager, the Purchasing and Procurement Manager will have a key role in the Management team.
Strategic Sourcing
Developing Procurement Strategies:
* Create plans that align procurement with company goals and budgets.
* Identify opportunities to optimise costs without sacrificing quality.
* Build and maintain relationships with key suppliers.
* Evaluate suppliers for reliability, quality, and cost-efficiency.
* Negotiate contracts to secure the best terms.
Acquisition of Goods and Services
Identifying Requirements:
* Collaborate with departments to understand purchasing needs.
* Assess the quantity and specifications of required goods or services.
* Research and shortlist vendors based on quality, pricing, and delivery capabilities.
* Conduct bids or Request for Proposals (RFPs).
Cost Management
Budgeting and Financial Oversight:
* Monitor expenditures to stay within allocated budgets.
* Analyse pricing trends and market conditions to save costs.
Negotiation:
* Negotiate prices, payment terms, and delivery schedules to achieve favourable deals.
Contract Management
Drafting and Managing Contracts:
* Prepare, review, and enforce purchase agreements.
* Ensure contracts comply with company policies and legal regulations.
* Mitigate risks associated with supply chain disruptions, non-compliance, or contract breaches.
Inventory Management
Stock and Supply Monitoring:
* Maintain optimal stock levels to avoid overstocking or shortages.
* Coordinate with warehouse and logistics teams for efficient supply management.
Reorder Planning:
* Establish reorder points and maintain supplier lead times to ensure timely replenishment.
Quality Assurance
Ensuring Standards:
* Oversee quality checks on goods received.
* Resolve disputes with suppliers over substandard or defective products.
Compliance and Sustainability
Ensuring Regulatory Compliance:
* Stay updated on trade laws, import/export regulations, and other compliance requirements.
Promoting Sustainability:
* Choose suppliers who adhere to sustainable and ethical sourcing practices.
Data Management and Reporting
Tracking Procurement Metrics:
* Monitor supplier performance, cost savings, and delivery timelines.
Report Generation:
* Generate procurement reports for management to assess purchasing effectiveness.
* Keep all product records up to date.
Managing the Procurement Team:
* Train and oversee procurement staff.
* Delegate tasks and ensure efficient operations within the team.
Collaboration with Other Departments:
* Work with finance, operations, and product development teams to align procurement efforts.
Qualifications:
* Experienced buyer with strong commercial awareness.
* Proven record in sourcing new leading products in any market.
* Direct experience negotiating terms with suppliers.
* Experience working independently and comfortable with a high level of responsibility.
* Outstanding organisational skills with the ability to prioritise tasks and work to multiple deadlines.
* Advanced Excel knowledge and comfortable with ERP systems.
ACS are recruiting for a Purchasing Manager. If you feel that you have the skills and experience required in this advertisement to be a Purchasing Manager, please submit your CV including an outline of your experience as a Purchasing Manager. Including a covering letter outlining your experience will enhance your chances of selection.
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