Develop and implement purchasing strategies aligned with the organization’s overall goals.
Forecast procurement needs and establish plans to meet those needs efficiently and cost-effectively.
Vendor Management
Identify and build relationships with reliable vendors and suppliers.
Negotiate contracts, terms, and pricing to ensure favorable conditions.
Monitor vendor performance and resolve issues related to quality or delivery.
Procurement Operations
Oversee day-to-day operations: order placement, inventory management, and delivery scheduling.
Ensure compliance with internal policies and external procurement regulations.
Budget Management
Develop and manage the purchasing budget, ensuring cost control and financial efficiency.
Analyze spending patterns to identify cost-saving or process improvement opportunities.
Team Leadership
Lead and mentor the purchasing team through guidance, training, and evaluations.
Foster a collaborative, high-performance work environment.
Cross-Functional Collaboration
Work closely with departments like finance, operations, and production to understand their needs.
Coordinate with stakeholders to implement effective purchasing policies and procedures.
Market Analysis
Stay informed on market trends, supplier innovations, and industry best practices.
Conduct research to identify new suppliers and procurement opportunities.
Compliance and Reporting
Ensure compliance with laws, regulations, and internal policies.
Prepare and present reports on procurement performance, including cost savings, supplier performance, and inventory levels.
Other Details
Education
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, having a customer base in automotive, with a proven track record in a leadership role.
Skills
Strong negotiation and contract management skills.
Excellent analytical and problem-solving abilities.
Proficiency in procurement software and Microsoft Office Suite.
Strong leadership and team management skills.
Exceptional communication and interpersonal skills.
