The role of procurement supervisor manages the procurement process for an organization, including planning, sourcing, and negotiating contracts. Oversee the end-to-end procurement process. Plans for procurement activities to get the best value for the organization. Sources and negotiates contracts, terms, and pricing with suppliers. Manages procurement budgets, track expenses, and identify cost-saving opportunities. Ensures that the procurement process is aligned with company’s best practices and policies.

Duties and Responsibilities

Identify and evaluate potential suppliers based on quality, price, and delivery capabilities. Negotiate purchase terms and conditions with vendors to ensure cost-effectiveness. Create and issue purchase orders and ensure timely delivery of goods and services.

 

Supplier Relationship Management:

Develop and maintain strong relationships with suppliers and vendors. Ensure mandatory Safety Training/Certification prior to starting any job, project. Address and resolve any issues or discrepancies related to deliveries or product quality. Conduct regular performance reviews of suppliers to ensure they meet contractual obligations. Vendor Setup Process and Supplier database management. Supplier Selection: Identify and evaluate potential suppliers and contractors: Project Planning and Development: Budgeting and Financial Management Vendor and Contract Management Project Execution and Coordination Compliance and Quality Assurance Stakeholder Communication Project Evaluation and Reporting

Cost Control and Budgeting:

Analyze procurement data to identify cost-saving opportunities and optimize spending. Assist in budget preparation and monitor expenditures to ensure adherence to budgetary constraints. Prepare cost-benefit analyses for procurement decisions.

Documentation and Compliance:

Maintain accurate records of all purchasing activities, including contracts, purchase orders, and supplier agreements. Ensure compliance with company policies, legal regulations, and industry standards. Prepare and manage reports related to procurement activities.

Process Improvement:

Continuously review and improve procurement processes to enhance efficiency and effectiveness. Implement best practices and innovative solutions to streamline procurement activities. Conducting training sessions enhancing the Procurement process designed for both new and existing buyers and approvers.

Collaboration and Communication:

Work closely with other departments (e.g., finance, operations, logistics, commercial and production) to understand their procurement needs and requirements. Communicate effectively with suppliers, vendors, and internal stakeholders to ensure smooth procurement operations.

Market Research:

Stay informed about market trends, supplier innovations, and emerging technologies. Conduct market research to identify new products and suppliers that could benefit the organization.

Contract Management:

Review and negotiate supplier contracts to secure favorable terms for the company. Ensure all contractual obligations are met and manage contract renewals or amendments as needed.

Problem-Solving:

Address and resolve issues related to order discrepancies, supplier performance, or inventory shortages. Implement solutions to prevent recurrence of procurement related problems.