The Purchasing Manager is responsible for developing and executing sourcing and purchasing strategies to ensure timely availability of materials and services at optimal total cost. This role leads the purchasing team, manages supplier relationships, ensures compliance with company policies, and supports operational, financial, and quality objectives.
Key Responsibilities
- Develop and implement purchasing strategies aligned with business, cost, and supply continuity goals.
- Lead, coach, and manage buyers/purchasers to ensure effective execution of PR-to-PO processes.
- Ensure all Purchase Requisitions (PRs) and Purchase Orders (POs) comply with approval matrices and ERP requirements.
- Manage supplier selection, qualification, performance evaluation, and ongoing development.
- Negotiate pricing, contracts, lead times, payment terms, and service levels to achieve cost and margin targets.
- Drive cost reduction initiatives, including supplier consolidation, value engineering, and should‑cost analysis.
- Manage spot buys and expedite critical materials while controlling risk and material exposure.
- Monitor and resolve supply shortages, delivery issues, quality concerns, and commercial discrepancies.
- Ensure pricing accuracy on POs (including tariffs, duties, freight, and surcharges) to avoid post‑invoice variances.
- Collaborate with Planning, Warehouse, Quality, Finance, and Engineering to support production and customer commitments.
- Oversee inventory optimization initiatives to balance service level and working capital.
- Ensure compliance with internal controls, audit requirements, and ethical sourcing standards.
- Prepare and present procurement KPIs, risk assessments, and management reports.
Key Interfaces
Internal: Planning, Operations, Warehouse, Quality, Finance, Engineering, Program/Project Teams
Qualifications & Experience
- Bachelor’s degree in supply chain management, Business, Engineering, or related field.
- 7–10 years of progressive procurement experience, with at least 3 years in a leadership role.
- Experience in manufacturing or industrial environments preferred.
- Strong knowledge of ERP/MRP systems and procurement best practices.
- Proven track record in supplier negotiation and cost management.
- Strong leadership and people management skills.
- Excellent negotiation and commercial acumen.
- Analytical mindset with strong problem‑solving ability.
- Effective communication and stakeholder management skills.
- Ability to manage urgency and make decisions in a fast‑paced environment.
- High attention to detail and process discipline.
Key Performance Indicators (KPIs)
- Cost savings and cost avoidance
- On‑time delivery and supplier performance
- PO pricing accuracy and variance reduction
- Inventory turns and material availability
- Compliance to procurement policies and audit findings