Procurement Manager

As a Procurement Specialist, you will be responsible for various aspects of sourcing, supplier management, procurement operations, and strategic procurement to ensure efficient and cost-effective procurement processes. Your key responsibilities will include: Sourcing and Supplier Management: - Identifying and evaluating suppliers by researching potential options, collecting quotes, and assessing their quality, price, reliability, and delivery times. - Negotiating contracts and pricing to secure favorable terms with suppliers while aiming for the best value for the organization. - Building and maintaining positive supplier relationships to ensure smooth operations and long-term stability in the supply chain. - Managing contract drafting, reviewing, and compliance to meet legal and organizational requirements. - Monitoring supplier performance against agreed-upon metrics and taking corrective actions when necessary. Procurement Operations: - Processing purchase orders and managing them for the procurement of goods and services. - Monitoring stock levels, managing inventory, and ensuring an adequate supply to meet demand. - Identifying cost-saving opportunities through strategic purchasing, bulk orders, or alternative sourcing methods. - Maintaining accurate records of all procurement activities, including purchase requests, quotes, contracts, and invoices. - Ensuring compliance with relevant laws, regulations, and organizational policies in all procurement activities. Strategic Procurement: - Conducting market research and analysis to stay informed about market trends, pricing fluctuations, and new products/services. - Developing and implementing procurement strategies to optimize processes and achieve cost savings. - Collaborating with various departments to align procurement activities with overall business objectives. - Identifying and mitigating risks associated with procurement processes such as supply chain disruptions or quality issues. This is a full-time position with benefits including health insurance and provident fund. The work schedule is during day shifts, and the work location is in person.,