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MASCO Code
1324-03
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Procurement/Purchasing Manager manages the acquisition of goods and services to meet operational and production needs of an organisation. They oversee the procurement process, manage supplier relationships, negotiate pricing, control costs, and ensure timely delivery of materials, while maintaining optimal inventory levels. The role includes coordinating with departments such as production, logistics, and finance to support smooth operations and implementing policies to optimise material availability and prevent operational disruptions.
Tasks
Manage procurement and sourcing strategies to ensure cost-effective purchasing.
Develop and implement purchasing policies and procedures to maintain sufficient stock at minimal cost.
Analyse market trends and evaluate suppliers to select quality products at optimal terms.
Negotiate contracts, prices, and delivery schedules with suppliers.
Oversee the purchasing and material control team, assigning and monitoring tasks.
Maintain and reconcile inventory to ensure accuracy and meet production or business needs.
Monitor material movement, storage, and usage while ensuring safety and quality compliance.
Conduct regular audits of stock and vendor performance and address discrepancies.
Identify and implement process improvements in procurement and material management.
Prepare reports on purchasing activities, inventory status, and expenditures for management.
Skills
Basic
Analytical skills to evaluate market trends, product quality, and procurement data.
Attention to detail in maintaining accurate records and monitoring procurement and inventory processes.
Decision-making and problem-solving skills to address procurement and material issues.
Organisational and time management skills to manage procurement activities, inventory, and multiple tasks.
Strong communication skills for negotiation, supplier liaison, and stakeholder coordination.
Specific
Analyse market trends and evaluate suppliers to source quality goods under optimal commercial terms.
Conduct regular audits of inventory and supplier performance, and address any discrepancies.
Develop and implement purchasing policies and procedures to maintain optimal stock levels at minimal cost.
Develop and manage procurement and sourcing strategies to ensure cost-effective purchasing.
Identify and implement process improvements in procurement and material management.
Lead and supervise the purchasing and material control team, including task allocation and performance monitoring.
Maintain and reconcile inventory records to ensure accuracy and meet operational requirements.
Monitor material movement, storage, and usage while ensuring compliance with safety and quality standards.
Negotiate contracts, pricing, and delivery schedules with suppliers.
Prepare reports on purchasing activities, inventory status, and expenditure for management review.
Additional Info
QUALIFICATION
Bachelor’s degree or equivalent
Related Courses
MASCO
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