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

• 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
• Monitoring and updating purchase orders as well as tracking of the costs and delivery dates to compare them with the 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