A global procurement manager is responsible for developing and executing global procurement
strategies to acquire goods and services efficiently and cost-effectively. This involves managing
supplier relationships, negotiating contracts, and ensuring compliance with company policies
and regulations. The role requires strong leadership, strategic thinking, and analytical skills, as
well as expertise in supply chain management and international trade.
Key Responsibilities:
- Strategy Development and Implementation: Develop and implement global
procurement strategies aligned with the organization's overall goals, considering
factors like cost, quality, and risk.
- Supplier Relationship Management: Identify, evaluate, and select reliable suppliers,
negotiate contracts, and manage ongoing relationships to ensure quality and timely
delivery.
- Cost Management and Optimization: Analyze spending, identify cost-saving
opportunities, and implement strategies to optimize procurement costs while
maintaining quality standards.
- Contract Negotiation and Management: Negotiate favorable contract terms with
suppliers, ensuring compliance with legal and ethical standards.
- Risk Management: Identify potential risks in the supply chain and develop mitigation
strategies to minimize disruptions. Team Leadership and Development:
- Manage and mentor a team of procurement professionals, fostering a collaborative
and high-performing environment.
- Compliance and Governance: Ensure compliance with all relevant laws, regulations,
and company policies related to procurement. Performance Monitoring and Reporting:
Track key performance indicators (KPIs), analyze procurement data, and report on
performance against targets.
- Stakeholder Collaboration: Collaborate with various internal stakeholders, including
finance, operations, and legal,to understand their needs and ensure alignment with
procurement strategies.
- Market Research and Analysis: Stay informed about market trends, industry best
practices, and emerging technologies in the procurement field.
Skills and Qualifications:
- Negotiation Skills: Strong negotiation skills to secure favorable contract terms
- Analytical Skills: Ability to analyze data, identify trends, and make data-driven
decisions.
- Communication and Interpersonal Skills: Excellent communication and interpersonal
skills to build relationships with suppliers and stakeholders.
- Leadership and Management Skills: Proven leadership and management skills to lead
and motivate a team.
- Supply Chain Management Expertise: In-depth knowledge of supply chain
management principles and best practices. International Trade Knowledge: Familiarity
with international trade regulations and best practices.
Education and Work Related Experiences:
- Relevant Degree: A bachelor's degree in supply chain management, business
administration, or a related field.
- Up-to-date specialist knowledge of legislation, standards, and best practice relevant to
Procurement, as well as an excellent and demonstrable understanding of Supply
Chain Management. A solid understanding of project management processes and
up-to-date knowledge of the legal complexities of public sector-associated
procurement.
- At least 5 years of End-to-end strategic procurement experience
- Experience in creating and implementing new procurement strategies and policies,
with proof of tangible results in an international environment.
- Experience with global supply, complex supplier negotiations, developing/assessing
contractual terms and conditions, and supplier assessment/due diligence.
- Strong stakeholder management ability, demonstrating personal and professional
credibility and integrity.
- Strong commercial awareness, be financially astute, and a good negotiator to obtain
results.
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