Job Title: Purchasing Manager
Job Scope / Responsibilities:
1. Procurement & Purchasing Operations
- Oversee and manage the company's purchasing activities to ensure cost-effective procurement of materials, equipment, and services.
- Source, evaluate, and negotiate with suppliers to achieve the best terms of price, quality, delivery, and payment.
- Ensure timely ordering and delivery of goods to support business operations and production schedules.
- Review and approve purchase orders, supplier contracts, and procurement documentation.
2. Supplier Management
- Identify, assess, and develop reliable suppliers and vendors.
- Build and maintain strong relationships with key suppliers to ensure consistent supply and service quality.
- Monitor supplier performance and handle any delivery or quality issues.
- Conduct periodic supplier audits and performance evaluations.
3. Cost Control & Budgeting
- Develop purchasing strategies to reduce cost and improve efficiency.
- Monitor and analyze market trends to identify changes in supply and demand, potential shortages, and price fluctuations.
- Work closely with finance to ensure purchasing expenses align with company budget and cost targets.
4. Inventory & Logistics Coordination
- Collaborate with warehouse and logistics teams to ensure optimal inventory levels.
- Minimize excess stock while preventing shortages.
- Oversee inbound and outbound logistics related to purchased goods.
5. Compliance & Documentation
- Ensure all procurement activities comply with company policies, procedures, and relevant regulations.
- Maintain accurate purchasing records, supplier contracts, and inventory data.
- Prepare regular reports on purchasing activities, cost savings, and supplier performance.
6. Team Leadership
- Supervise, train, and guide purchasing staff to meet department objectives.
- Establish key performance indicators (KPIs) for the purchasing team.
- Promote teamwork, efficiency, and continuous improvement in procurement processes.
Requirements / Qualifications:
- Diploma or Degree in Supply Chain, Business Administration, or related field.
- Minimum 3-5 years of relevant experience in purchasing or procurement management.
- Strong negotiation, communication, and analytical skills.
- Knowledge of inventory management systems and procurement software.
- Ability to work independently and handle multiple priorities.
