Roles & Responsibilities
The incumbent will oversee and lead general procurement activities, with a strong emphasis on contract negotiations. The ideal candidate will possess exceptional procurement expertise, negotiation skills, and a proven track record in managing supplier relationships, cost savings, and process optimization.
· Lead and participate in contract negotiations with suppliers and vendors to secure favorable terms, pricing, and service level agreements. Identify opportunities for cost reduction and risk mitigation.
· Cultivate and maintain strong relationships with key suppliers and vendors. Monitor supplier performance and ensure adherence to contractual obligations.
· Analyze and assess procurement costs, identify cost-saving opportunities, and implement strategies to optimize expenses while maintaining product or service quality.
· Collaborate with cross-functional teams to identify potential suppliers, evaluate their capabilities, and make recommendations for vendor selection. Ensure supplier diversity and compliance with corporate policies.
· Continuously evaluate and improve procurement processes and procedures to enhance efficiency and effectiveness. Implement best practices in procurement operations.
Generate reports and provide regular updates to senior management on procurement performance, savings achieved, and other relevant metrics.