About This Role
Procurement Managers lead strategic sourcing, supplier management, contract negotiations, and procurement operations. This role drives cost optimization, strengthens supplier partnerships, and ensures procurement activities comply with company policies, regulatory requirements, and industry best practices. It requires strong commercial acumen, leadership capabilities, and experience in a manufacturing, precision engineering, or industrial environment.
Responsibilities
- Develop and implement procurement and sourcing strategies aligned with business objectives
- Review and enhance procurement policies, procedures, and workflows to improve efficiency and strengthen governance
- Identify supply chain risks and implement measures to mitigate commercial and operational challenges
- Drive continuous improvement initiatives to achieve cost savings and optimize procurement processes
- Manage the full supplier lifecycle, including sourcing, qualification, onboarding, performance evaluation, contract renewal, and termination
- Negotiate pricing, payment terms, warranties, service levels, and other commercial conditions
- Build strong supplier relationships and resolve issues relating to delivery, quality, and performance
- Monitor supplier performance against key indicators, including cost, quality, delivery, and responsiveness
- Oversee end-to-end quotation and tender processes in accordance with established procurement procedures
- Evaluate supplier proposals, conduct commercial assessments, and prepare award recommendations for management approval
- Review supplier contracts to ensure commercial suitability, compliance, and effective risk management
- Monitor contract expiry dates and coordinate timely renewals, renegotiations, or re-tendering
- Monitor procurement expenditure and ensure effective budgetary control
- Identify cost-saving opportunities through supplier negotiations, consolidated purchasing, volume discounts, and alternative sourcing
- Track procurement spending, cost variances, and savings against established targets
- Prepare procurement reports and analysis to support management decision-making
- Ensure procurement activities comply with company policies, regulatory requirements, ethical standards, and audit requirements
- Maintain accurate documentation of tenders, contracts, approvals, and supplier communications
- Support internal and external audits, address audit findings, and implement corrective actions
- Report on procurement performance, supplier risks, spending, and compliance to management
- Work closely with Finance, Operations, HR, and other business units to understand procurement requirements
- Advise internal stakeholders on sourcing strategies, supplier selection, procurement policies, and contract matters
