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SR Procurement Manager

The Senior Procurement Manager is responsible for overseeing procurement activities, developing sourcing strategies, and managing supplier relationships. Key responsibilities include cost reduction, contract management, team leadership, and stakeholder management while ensuring compliance and risk mitigation. The role also involves market analysis, process improvement, and reporting on procurement performance.

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pvijay1981
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22 views2 pages

SR Procurement Manager

The Senior Procurement Manager is responsible for overseeing procurement activities, developing sourcing strategies, and managing supplier relationships. Key responsibilities include cost reduction, contract management, team leadership, and stakeholder management while ensuring compliance and risk mitigation. The role also involves market analysis, process improvement, and reporting on procurement performance.

Uploaded by

pvijay1981
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Senior Procurement Manager - Roles & Responsibilities

1. Procurement Control:
- Oversee all procurement activities, including purchasing, warehouse management, and inventory
movement.

2. Strategic Sourcing:
- Develop and execute sourcing strategies to find the best suppliers with optimal pricing, quality,
and delivery terms.
- Manage procurement across raw materials, services, and capital equipment.

3. Cost Reduction:
- Identify ways to cut costs through market research, supplier consolidation, and contract
optimization.
- Compare prices, availability, and quantities to secure the best deals.

4. Supplier Relationship Management:


- Build and maintain strong relationships with key suppliers.
- Monitor supplier performance and drive continuous improvement.

5. Contract Management:
- Lead contract negotiations and ensure compliance with legal and business requirements.
- Evaluate suppliers and secure beneficial contracts.

6. Team Leadership:
- Manage and mentor a team of procurement professionals.
- Assign tasks, provide guidance, and foster professional growth.

7. Stakeholder Management:
- Work closely with different departments to align procurement strategies with business goals.
8. Market Analysis:
- Stay updated on market trends, industry developments, and supplier capabilities.
- Identify new sourcing opportunities and mitigate risks.

9. Process Improvement:
- Streamline procurement processes using technology and automation.
- Identify inefficiencies and improve operational workflows.

10. Risk Management:


- Identify potential risks related to suppliers, pricing fluctuations, and regulations.
- Implement strategies to reduce procurement risks.

11. Reporting & Analysis:


- Create and present procurement reports on cost savings, supplier performance, and KPIs.

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