Procurement Manager

• Analyze vendor proposals, negotiate and close contracts and provide recommendations to management.
• Ensure sourcing requirements are fully reflected in the purchase order and proper implementation of contracts.
• Practice Just In Time stock management and reduction in lead times.
• Develop and implement inventory strategy to support production requirements consistent with inventory guidelines.
• Purchase items that may require some assessment of quality and/or compatibility.
• Observe/identify purchasing possibilities.
• Review weekly output from internal customers such as Material Requirements Planning for requisitions.
• Maintain accurate master planning data in business systems.
• Participate in designing plans, systems, tracking mechanisms to help implement material requirements efficiently.
• Responsible for operational relations with relevant suppliers and administer ongoing supplier management programs.
• Make medium term forecast of cost price development.
• Attune purchase orders with manufacturing.
• Advise Product Management and Supply Management in case of stagnation.
• Successfully troubleshoot most supply bottlenecks/inventory delays independently.
• Market scanning, i.e. gain insight with regard to supplier markets, new market developments, etc.
• Market scanning, compare quotations, cost price analyses, negotiating, closing deals, supplier selection.
• Decide inventory strategy to ensure timely and adequate inventory flow.
• May recommend cost saving proposals including make-versus-buy analysis, alternative sourcing and vendor evaluation criteria.
• Get information from catalogues and personal contacts.
• Participate in coordinating activities with supply management colleagues.
• Translate market developments and understand their impact on product flow, pricing and availability.

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