Procurement Manager

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Job Category: Logistics/Supply ChainDegree Level: Bachelor's DegreeJob Description:Maintain an adequate quantity of essential materials or services required for the business to operate. Components of the role can include managing stock inventories, creating extensive and detailed requirements specifications for the required products/services, tendering with potential suppliers, evaluating competing bids, and negotiating prices. A purchasing agent may function alone in a small company or be part of a purchasing team in a larger company. In many cases, they may refer ultimate decisions to a manager or executive for approval.Responsibilities:Responsibilities:
1) Procurement: Achieve specific procurement goals within area of responsibility. May also involve working to improve established procurement procedures.
2) Contract Requirements: Identify contract requirements and write specifications for a small portfolio or area of the business for existing contracts and/or new contracts.
3) Contract Management: Deliver required outcomes by managing day-to-day relationships with contract service providers while working within an established contract management plan.
4) Category Management: Deliver specific category goals within a significant category plan/program in line with the organization's purchasing/procurement and/or sales strategy. Identify improvements to the plan/category program.
5) Sourcing: Collect and analyze the key cost drivers, market dynamics and issues, areas of innovation, and alternative suppliers for a medium-risk area with some alternatives and medium costs to change, in consultation with relevant functions to provide solid market information for decision-making.
6) Budgeting: Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.
7) Information and Business Advice: Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring issues to others where necessary for interpretation of policy.
8) Data Collection and Analysis: Conduct research using primary data sources, and select information needed for the analysis of key themes and trends.
9) Operational Compliance: Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. Or identify, within the team, patterns of noncompliance with the organization's policies and procedures and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate.
10) Stakeholder Engagement: Assist with stakeholder engagement by arranging actions, meetings, events, and supporting materials to promote stakeholder understanding and commitment.Qualifications:Educational Requirements: Bachelor's Degree or Equivalent LevelGeneral Experience Requirement: Experience enables job holder to deal with the majority of situations and to advise others (Over 3 years to 6 years)Managerial Experience Requirement: Experience of general supervision of more junior colleagues (7 to 12 months)

Lucy Group

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