
Procurement Manager
3 days ago
What you will be responsible for:
Strategic Procurement Planning:
- Develop and implement comprehensive procurement strategies that support the company's business goals and objectives.
- Conduct market research to identify potential suppliers, evaluate their capabilities, and negotiate terms and conditions.
- Monitor market trends, including price fluctuations, supplier performance, and new technologies, to adjust procurement strategies accordingly.
Supplier Management:
- Establish and maintain relationships with key suppliers, ensuring high levels of service, quality, and cost-effectiveness.
- Conduct regular supplier performance evaluations and implement corrective actions as necessary.
- Facilitate supplier development programs to enhance supplier capabilities and drive continuous improvement.
Cost Management:
- Lead cost reduction initiatives through strategic sourcing, negotiation, and contract management.
- Analyze spending patterns and identify opportunities for cost savings and efficiency improvements.
- Collaborate with cross-functional teams to ensure procurement decisions align with overall budget and financial targets.
Cross -Departmental Collaboration and Demand Management
- Liaise with business and R&D departments to clarify material specifications, technical standards, and delivery timelines.
- Participate in new projects by providing supplier resources and cost recommendations.
Procurement Operations:
- Manage the procurement process from requisition to payment, ensuring compliance with company policies, procedures, and legal requirements.
- Oversee the development and maintenance of procurement documentation, including contracts, purchase orders, and invoices.
- Implement and monitor procurement performance metrics to measure effectiveness and drive continuous improvement.
Compliance and Risk Management:
- Ensure all procurement activities comply with company policies, industry standards, and legal regulations.
- Implement risk management strategies to mitigate potential procurement risks, including supplier failure, supply chain disruptions, and market volatility.
- Conduct regular audits and reviews to ensure compliance and identify areas for improvement.
How you will stand out:
- Possess excellent professional ethics and collaboration with own and cross-functional team members, striving to maximize corporate benefits.
- Possess clear logical thought process, and communication skills, and be able to adapt to cross-regional work scenarios
- Willing to accept challenges and take responsibilities, posses strong ability to manage work pressure and time.
- Results-oriented, and when facing complex problems, can focus on core objectives, coordinate internal and external resources to solve problems, rather than being limited by processes or challenges
- Able to adapt to work demands such as business trips and overtime when needed
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