Procurement Director
4 days ago
We are seeking a highly skilled Procurement Manager to join our team at Blanchard Machinery Company. As a key member of our organization, you will be responsible for overseeing the procurement process, ensuring cost-effectiveness, and managing vendor relationships.
Key Responsibilities- Develop and execute purchasing strategies to minimize costs while ensuring quality and timely delivery of goods and services.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Construct negotiation strategies and close deals with optimal terms to benefit the company's financial health.
- Align procurement activities with company's financial goals and objectives and collaborate with various stakeholders within the company.
- Manage vendor relationships to ensure adherence to budgetary constraints and financial goals.
- Evaluate and select suppliers based on cost, quality, and service criteria to achieve the best value for the company.
- Develop and maintain relationships with suppliers, negotiating contracts, and managing the entire purchasing cycle.
- Analyze market trends and forecast price movements to prepare the company for future procurement needs.
- Mitigate risks associated with procurement activities to avoid potential financial losses.
- Supervise the sourcing and purchasing of essential materials for business operations.
- Researching suppliers to compare costs and quality of raw materials.
- Negotiating purchase agreements and developing contracts.
- Planning and overseeing the work of buyers and purchasing agents.
- Hiring and training procurement staff.
- Establishing procurement rules and guidelines for the organization.
- Evaluating the quality, price, reliability, technical support, and availability of goods and services.
- Managing vendor relationships and ensuring compliance with contracts.
- Bachelor's degree in Business Administration, Supply Chain Management, or related field required.
- 5+ years of related experience within a leadership role.
- Proven experience in purchasing, negotiation, and procurement with strong understanding of pricing strategies, contract negotiation and management.
- Strong written and verbal communication skills, able to present ideas with confidence and professionalism.
- Experience with managing a multi-location procurement process.
- Strong computer skills required, with intermediate proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook), and Adobe Pro.
- Strong leadership negotiation and excellent analytical skills to assess spending patterns and identify opportunities for cost savings.
- Excellent skills in supply chain management and supplier management.
- Knowledge of inventory contract and processes.
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