Position Summary: Procurement managers shall be responsible for sourcing capabilities and supply chain. S/He are responsible for strategizing and negotiating with suppliers and vendors in order to acquire the most cost-effective deals and to reduce procurement expenses.

Roles and Responsibilities:

• Developing procurement strategies that are inventive and cost-effective.
• Sourcing and engaging reliable suppliers and vendors.
• Liaises with key company employees to determine their product and service needs
• Negotiating with suppliers and vendors to secure advantageous terms.
• Determination of quantity and timing of the deliveries
• Monitors business trends and product availability to pay the best price for company goods and services without sacrificing quality or delivery times
• Reviewing existing contracts with suppliers and vendors to ensure on-going feasibility.
• Building and maintaining long-term relationships with vendors and suppliers.
• Approving purchase orders and organizing and confirming delivery of goods and services.
• Monitoring and updating purchase orders as well as tracking of the costs and delivery dates to compare them with the agreements.
• Performing risk assessments on potential contracts and agreements.
• Controlling the procurement budget and promoting a culture of long-term saving on procurement costs.
• Overseeing and managing the Procurement systems that track shipments, inventory, and the supply of goods.
• Oversees a team performance and guide them.
• Preparing procurement reports.
• Preparation of forecasts on changes in the market or price as well as on the own demands