To ensure that all goods, supplies and inventory needed to operate the business are ordered and kept in stock. Also, responsible for controlling the cost of the goods ordered, controlling inventory levels and building strong relationships with suppliers.
* Give presentations about market analysis and possible growth • Identifying the right supplier and managing purchase contracts with the suppliers with regards to price, quality, sourcing and supply • Develop a purchasing strategy • Price negotiation with vendors/suppliers including delivery and other commercial terms • Conduct research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality • Analyse market and delivery systems in order to assess present and future material availability • Develop and implement purchasing and contract management instructions, policies, and procedures • Evaluate bids and make recommendations, based on commercial and technical factors • Process payments and invoices • Build and maintain good relationships with suppliers • Negotiate and agree contracts, monitoring the quality of service provided
Procurement Manager should look out for: • Best offers (cost, delivery, payment terms ...etc) • Over all savings for company (Financial Figures) • Customer Relationship Management (Internal/External) • Effectiveness at work (Time Mgmt., Resources, Procedures, Administration Skills, Budgets... etc.) • Good follow-up • Having an alternative source for each Product / Service type. • Good and fair Relationship with stakeholders and Suppliers • Obtaining the needed approvals based on the company procedures • Getting accurate competitive quotes. • Transparency in processes • Updated and strong record keeping for all Procurement Activities