What are the responsibilities and job description for the Procurement Manager position at Polara Enterprises?
As a Procurement Manager, you will be responsible for overseeing and managing procurement processes within the organization. Your responsibilities will include purchasing, supply chain management, and bottleneck analysis. The primary goal is to ensure timely procurement of materials and seamless coordination with suppliers to support operational effectiveness and customer satisfaction.
Essential Job Functions
- Lead and manage a team responsible for purchasing activities.
- Set clear performance goals, provide guidance, coaching, and training to team members.
- Foster a collaborative and positive work environment, encouraging teamwork, innovation, and continuous learning.
- Analyze, initiate, and implement procurement efforts to ensure on-time delivery of materials and products.
- Collaborate with suppliers to negotiate contracts, pricing, and terms to secure favorable agreements aligned with company objectives.
- Issue production job orders to the manufacturing floor based on current customer order backlog and available production resources.
- Proactively identify bottlenecks or areas that could delay supply chain movement, delay production, or significantly impact supply commitments.
- Take action to prevent delays, involving other departments and management as necessary to resolve procurement or supply chain issues.
- Stay updated on materials, alternative suppliers, and industry trends to identify opportunities for cost savings and operational efficiency.
- Utilize ERP software, data analytics, and reporting tools to track procurement performance, supplier lead times, and key performance indicators (KPIs).
- Analyze data and generate reports on supplier performance, purchase order accuracy, and forecast accuracy, making recommendations for process improvements.
- Present reports and findings to senior management, highlighting areas for improvement in procurement strategies and making informed decisions.
- Identify areas for process improvement within procurement functions.
- Develop and implement streamlined procurement processes, best practices, and standard operating procedures (SOPs) to enhance efficiency, accuracy, and productivity.
- Collaborate with cross-functional teams to optimize procurement techniques, such as vendor selection, safety stock calculations, and lead time reduction strategies.
Requirements
The requirements listed below are representative of the knowledge, skill, and / or ability required.
Education : Bachelor's degree in supply chain management, operations management, business administration, or a related field. Master's degree is a plus.
Skills :
Experience :