Senior Procurement Leader

Purpose of the Job

Responsible for developing and executing procurement strategies that align with the organization's goals. This role involves managing supplier relationships, negotiating contracts, and ensuring the procurement process is efficient, cost-effective, and compliant with company policies. The Procurement Leader will drive continuous improvement initiatives within the procurement function to optimize the supply chain and enhance overall operational effectiveness.

Job Description

• Develop and implement procurement strategies that align with organizational goals.
• Manage the procurement process from sourcing to contract negotiation and supplier management.
• Identify and evaluate potential suppliers, negotiating contracts to secure favorable terms.
• Monitor supplier performance and conduct regular assessments to ensure compliance with agreements.
• Collaborate with cross-functional teams to understand procurement needs and specifications.
• Analyze market trends and supplier pricing to make informed purchasing decisions.
• Maintain accurate records of procurement activities, contracts, and supplier information.
• Lead initiatives for cost reduction and process improvement in procurement operations.
• Ensure compliance with company policies, procedures, and regulatory requirements.
• Manage procurement budgets and forecasts to optimize financial performance.
• Develop and maintain strong relationships with key suppliers and stakeholders.
• Conduct regular market research to identify new products and suppliers.
• Prepare and present procurement reports and recommendations to senior management.
• Train and mentor procurement team members to enhance their skills and performance.
• Implement best practices and procurement standards across the organization.
• Coordinate with legal teams to review and finalize contracts with suppliers.
• Facilitate communication between suppliers and internal teams to resolve issues.
• Participate in supplier development initiatives to enhance capabilities and performance.
• Monitor inventory levels and coordinate with inventory management teams.
• Stay updated on industry trends, market dynamics, and emerging procurement technologies.

Job Requirements - Experience and Education

• Bachelor’s degree in business administration, Supply Chain Management, or a related field.
• 5+ years’ experience in procurement or supply chain management.
• Strong understanding of procurement regulations and best practices.
• Excellent analytical skills for evaluating supplier performance and market trends.
• Proven experience in leading procurement teams and managing supplier relationships.
• Strong background in contract negotiation and vendor management.
• Familiarity with procurement software and tools.
• Experience in developing procurement strategies and policies.

Leadership Behaviors

Skills