Job Description

A. Statutory Compliance

• Strategic Planning:
  1. Develop and implement purchasing strategies that align with the organization’s overall goals.
  2. Forecast procurement needs and establish plans to meet those needs efficiently and cost-effectively.
• Vendor Management:
  1. Identify and establish relationships with reliable vendors and suppliers.
  2. Negotiate contracts, terms, and pricing to ensure favorable conditions for the organization.
  3. Monitor vendor performance and resolve any issues related to supply quality or delivery.
• Procurement Operations:
  1. Oversee the day-to-day purchasing operations, including order placement, inventory management, and delivery scheduling.
  2. Ensure compliance with internal policies and external regulations related to procurement activities.
• Budget Management:
  1. Develop and manage the purchasing budget, ensuring cost control and maximizing financial efficiency.
  2. Analyze spending patterns and identify opportunities for cost savings or process improvements.
• Team Leadership:
  1. Lead and mentor the purchasing team, providing guidance, training, and performance evaluations.
  2. Foster a collaborative and high-performance work environment.
• Cross-Functional Collaboration:
  1. Work closely with other departments (e.g., finance, operations, production) to understand their needs and ensure that purchasing activities support their requirements.
  2. Coordinate with stakeholders to develop and implement effective purchasing policies and procedures.
• Market Analysis:
  1. Stay informed about market trends, supplier innovations, and industry best practices.
  2. Conduct market research to identify potential new suppliers and procurement opportunities.
• Compliance and Reporting:
  1. Ensure all purchasing activities comply with relevant laws, regulations, and company policies.
  2. Prepare and present reports on procurement performance, including cost savings, supplier performance, and inventory levels.

Qualifications

• Bachelor’s degree in Engineering, Mechanical, Supply Chain Management, or a related field. MBA or relevant advanced degree is a plus.
• Experience: Minimum of 15 years of experience in purchasing or procurement management, in a similar industry related to steel with a customer base in automotive, with a proven track record in a leadership role.