Purchasing Manager
Department:
Procurement/Supply Chain
Role Overview:
The Purchasing Manager is responsible for sourcing and procuring high-quality materials, components, and services to support manufacturing processes. The role involves building relationships with suppliers, negotiating contracts, managing inventory, and ensuring cost-efficiency while maintaining stringent quality standards.
Key Responsibilities
Procurement Management
Develop and execute purchasing strategies to secure quality materials and services at competitive prices.
Source suppliers for raw materials, tools, and components
Evaluate supplier performance regularly, ensuring compliance with quality, delivery, and cost parameters.
Supplier Relationship Management
Build and maintain strong, strategic relationships with key suppliers.
Negotiate contracts, terms, and pricing agreements, ensuring favorable conditions for the organisation.
Monitor supplier compliance with industry regulations and company standards.
Inventory and Cost Control
Optimize inventory levels to balance production demands and cost-efficiency.
Collaborate with production and engineering teams to forecast material needs accurately.
Identify and implement cost-saving opportunities within the supply chain.
Quality Assurance
Work closely with the quality assurance team to ensure all materials and components meet precise engineering standards.
Address and resolve any quality issues with suppliers.
Data and Reporting
* Maintain accurate records of purchases, supplier evaluations, and inventory.
* Prepare and present procurement performance reports to senior management.
* Use ERP/MRP systems to manage procurement data and streamline workflows.
Compliance and Risk Management
Ensure adherence to industry standards, safety regulations, and legal requirements.
Mitigate risks related to supplier dependency and market fluctuations.
Key Skills and Competencies
Technical Expertise: Strong understanding of materials, tools, and components used in engineering.
Negotiation Skills: Proven ability to negotiate effectively with suppliers to achieve cost savings and favourable terms.
Analytical Thinking: Ability to analyse data, forecasts, and trends to make informed purchasing decisions.
Communication: Strong written and verbal communication skills to liaise with internal teams and external suppliers.
Leadership: Experience managing a team and developing talent within the procurement function.
ERP/MRP Proficiency: Familiarity with systems like SAP, Oracle, or similar platforms.
Qualifications and Experience
Education: Bachelor's degree in supply chain management, engineering, business administration, or a related field.
Experience:
* Experience in procurement, preferably in an engineering or manufacturing environment.
* Experience in managing supplier contracts and relationships.
* Certifications (Preferred): CIPS (Chartered Institute of Procurement & Supply) or equivalent.
Key Performance Indicators (KPIs)
Cost savings achieved through procurement strategies.
Supplier quality performance metrics (e.g., defect rates, on-time delivery).
Inventory turnover and stock level optimization.
Compliance with procurement budgets and timelines.
Work Environment
Office-based with occasional visits to suppliers and manufacturing facilities.
Fast-paced, deadline-driven environment requiring adaptability and proactive problem-solving