Purpose of the Role:
The Senior Procurement Manager is responsible for leading and optimizing the procurement strategy to support the company's operation in trade exhibitions, event and conference management and venue maintenance. The role ensures cost-effective sourcing, timely delivery, and compliance with internal and external policies, directly impacting the success and profitability of events.
Key Responsibilities:
Strategic Sourcing & Supplier Management
- Develop and implement sourcing strategies for all procurement categories supporting exhibition, events, conference and venue maintenance.
- Build and maintain strong supplier relationships to ensure service reliability and cost competitiveness.
Contract Negotiation & Management
- Lead contract negotiations with suppliers and vendors to achieve favorable terms.
- Monitor contract performance and ensure compliance with agreed SLAs.
Cost Optimization
- Analyze market trends to identify opportunities for cost reduction and improved service delivery.
Risk & Compliance Management
- Ensure procurement activities adhere to legal and ethical standards, including supplier due diligence.
- Maintain documentation and records for audits and quality assurance.
Team & Stakeholder Collaboration
- Collaborate cross-functionally with event managers, marketing, and finance to align procurement activities with project needs.
- Manage and mentor any junior procurement staff or coordinators.
Process Improvement & Reporting
- Drive procurement process improvements and automation where feasible.
- Provide regular reports on procurement performance, savings achieved, and supplier performance.
Qualifications and Experience
Education:
- Bachelor's degree in supply chain management, business administration, or a related field.
Experience:
- Minimum 10 years of procurement experience, with at least 3 years in a senior or managerial role.
- Proven experience in the MICE industry is highly preferred.
- Strong vendor negotiation skills and experience managing multi-million-dollar procurement budgets.
- Demonstrated ability to manage procurement for multiple simultaneous projects with tight deadlines.
Skills:
- Deep understanding of procurement processes, contract law, and vendor management.
- Excellent negotiation, communication, and interpersonal skills.
- High proficiency in Microsoft Excel.
- Strong analytical and problem-solving abilities.