What Does a Procurement Manager Do?
Procurement managers are primarily responsible for the sourcing of all supplies used in company operations. They identify cost-effective deals and nurture lasting relationships with suppliers and internal customers. The best procurement managers exhibit exceptional skills in vendor management, communication, and budgeting.
Procurement Manager Job Overview
In the procurement manager role, you will lead a team of purchasing officers that work with vendors and internal stakeholders to acquire needed supplies, services, and equipment. A key element in performing this role is coordinating procurement agents with production schedules to ensure a smooth process flow. Success in this role is demonstrated by minimizing costs while maximizing the quality of necessary goods and services.
Procurement Manager Job Responsibilities and Duties
- Builds and maintains healthy relationships with suppliers
- Negotiates with suppliers
- Prepares procurement reports
- Manages procurement officers and employees in conducting daily operations
- Creates procurement strategies that allow for high-quality and cost-efficient supplies
- Handles special and complex procurement cases
Procurement Manager Job Requirements
- Bachelor’s degree in Business or other related courses
- Previous experience with procurement operations
- Excellent communication and negotiation skills
- Previous experience in leadership and management
- Strong critical and analytical thinking abilities
- Excellent numerical and computational abilities
- Proficient in the use of procurement software
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