What is a Procurement Associate Manager doing? Job description and responsibilities

What does a Procurement Associate Manager do?

We are looking for a highly motivated, detail-oriented Procurement Associate Manager to join our dynamic Procurement team. In this role, you will be responsible for planning, negotiating, and managing all procurement activities for the company. You will work closely with internal stakeholders, suppliers, and other parties to ensure timely, quality, and cost-effective procurement of goods and services. You will also be responsible for developing, implementing, and managing processes and procedures to ensure compliance with the company's procurement policies. If you have excellent communication and organizational skills, a strong understanding of the procurement process,

Responsibilities of Procurement Associate Manager

1. Develop and implement strategic sourcing programs and processes to ensure cost savings and efficient procurement operations.

2. Manage and negotiate contracts with suppliers, vendors and subcontractors to ensure best value and cost savings.

3. Monitor and report on the performance of suppliers in terms of quality, delivery and cost.

4. Ensure that all procurement activities comply with applicable laws, regulations and corporate policies.

5. Analyze market trends and industry changes to develop cost-effective strategies for procurement.

6. Manage supplier relationships and ensure adherence to contractual requirements.

7. Oversee the inventory management and supply chain operations.

8. Prepare and present procurement-related reports to senior management.

9. Respond to inquiries related to procurement and supplier performance.

10. Develop and execute risk mitigation strategies for procurement activities.