Deputy Procurement Manager

Position Overview

The Deputy Procurement Manager plays a critical role in supporting the procurement operations of the organization. Reporting to the Procurement Manager, this role involves assisting in the planning, coordination, and execution of procurement activities to ensure the timely and cost-effective acquisition of goods and services required by the company. The Deputy Procurement Manager collaborates with cross-functional teams and vendors to optimize procurement processes and contribute to the achievement of organizational goals.

Responsibilities

1 Develop and Implement Procurement Strategies

• Understanding procurement requirements, department-wise, within the organization.
  
• Developing procurement policies and procedures in compliance with well-researched trends in the market while also considering social and environmental best practices.
  
• Training and mentoring procurement staff.
  

2 Optimizing Procurement Decisions

• Setting up of a supplier performance benchmark.
  
• Identifying potential suppliers, evaluating their capabilities, and assessing market trends based on the supplier performance benchmark.
  
• Interview vendors and visit supplier premises to examine and learn about products, services and prices.
  
• Ensuring process efficiency and effectiveness.
  
• Inventory management for proper record keeping in electronic and/or hard form.
  

3 Risk Mitigation

• Timely reviewing of contracts to implement technological advancements in procurement, and recommend innovative solutions to enhance procurement operations.
  
• Assisting in the preparation of procurement reports, budget analysis, and other documentation required for management and stakeholders.
  
  

Requirements

Academics and Experience

• A bachelor's degree in business administration, supply chain management, or a related field. A relevant master's degree is a plus.
  
• Strong knowledge of and proven experience in procurement management and/or strategic sourcing
  
• Familiarity with contract management, and supplier performance evaluation.
  
• Excellent leadership abilities, analytical and problem-solving skills including strong negotiation and communication skills
  
• Attention to detail, with a focus on accuracy and quality in procurement processes and documentation.
  
• Knowledge of sustainability practices and their integration into procurement processes is desirable.
  
• Familiarity with applicable legal and regulatory requirements related to procurement, such as public procurement laws or industry-specific regulations.