Strategic Procurement Manager
2 days ago
Valuable Recruitment is a leading recruitment agency specializing in placing top talent in various industries. Our expertise lies in matching the right candidate with the right job, ensuring a seamless and successful hiring process.
Job DescriptionRole Overview
A Strategic Procurement Manager at Valuable Recruitment will lead the development and execution of sourcing strategies to achieve cost savings, ensure supply chain efficiency, and maintain high-quality standards. This role involves identifying and managing relationships with key suppliers, negotiating contracts, and managing supplier performance.
Key Responsibilities:
- Sourcing and Supply Chain Management: Develop and execute sourcing strategies to optimize procurement processes, reduce costs, and improve supply chain efficiency.
- Supplier Relationship Management: Identify, evaluate, and select suppliers to ensure timely deliveries, high-quality products, and compliance with company policies and procedures.
- Contract Negotiation: Negotiate contracts with suppliers to ensure favorable terms, reduce costs, and improve supplier performance.
- Inventory Management: Assess and optimize inventory levels to reduce holding costs, prevent obsolescence, and ensure efficient material flow.
- Risk Management: Identify and mitigate risks associated with excess inventory, ensuring financial stability and minimizing potential losses.
- Supply Chain Optimization: Develop and implement strategies to optimize supply chain processes, reduce costs, and improve efficiency.
Required Qualifications:
- Strong Experience in Sourcing: Proven experience in sourcing commodities, including semiconductors, interconnects, electromechanicals, and computer components.
- Supply Chain Expertise: Strong understanding of supply chain principles, including procurement, logistics, and inventory management.
- Contract Negotiation Skills: Exceptional negotiation skills for managing supplier contracts, evaluating performance, and developing improvement plans.
- Inventory Management: Ability to assess and optimize inventory levels, reducing holding costs and preventing obsolescence.
- Risk Management: Experience in identifying and mitigating risks associated with excess inventory, ensuring financial stability and minimizing potential losses.
- Supply Chain Optimization: Ability to develop and implement strategies to optimize supply chain processes, reduce costs, and improve efficiency.
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