Procurement Manager
Procurement Manager1
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About the Job
Skills
Strategy Development: Develop and implement procurement strategies that align with company goals and objectives. Continuously evaluate and improve procurement processes to enhance efficiency and effectiveness.
Supplier Management: Identify, evaluate, and select suppliers based on criteria such as quality, cost, and delivery time. Maintain strong relationships with key suppliers and manage performance to ensure service levels are met.
Contract Negotiation: Negotiate contracts and terms with suppliers to secure favorable conditions. Ensure that all agreements comply with legal and regulatory requirements.
Budget Management: Monitor and manage procurement budgets. Analyze spending patterns and implement cost-saving measures without compromising quality.
Compliance: Ensure that procurement activities adhere to company policies, ethical standards, and regulatory requirements. Conduct regular audits and reviews to ensure compliance.
Team Leadership: Lead and mentor a team of procurement professionals. Provide training and development opportunities to enhance team performance and capability.
Market Research: Conduct market research to stay informed about industry trends, new products, and emerging technologies. Utilize this information to make informed procurement decisions.
Reporting: Prepare and present regular reports on procurement activities, including cost savings, supplier performance, and market trends, to senior management.
Problem Solving: Address and resolve any issues related to procurement, such as supplier disputes, delivery delays, or quality concerns.
About the company
Industry
Food & Beverages
Company Size
11-50 Employees
Headquarter
Ludhiana
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