Senior Procurement Manager
Operations

Senior Procurement Manager

Looking to hire your next Senior Procurement Manager? Here’s a full job description template to use as a guide.

119000
yearly U.S. wage
47600
yearly with Vintti

* Salaries shown are estimates. Actual savings may be even greater. Please schedule a consultation to receive detailed information tailored to your needs.

About Vintti

Vintti stands at the forefront of economically advantageous staffing solutions for US businesses. By facilitating partnerships between American companies and Latin American professionals, we offer a pathway to reduced operational costs without sacrificing quality. Our approach enables businesses to reinvest savings into core areas, fostering growth and enhancing overall market competitiveness.

Description

A Senior Procurement Manager plays a crucial role in overseeing and managing an organization's procurement activities, ensuring the strategic sourcing of goods and services to meet business objectives. This role involves developing procurement strategies, negotiating with suppliers, and ensuring cost-effective purchasing while maintaining high-quality standards. The Senior Procurement Manager collaborates with various departments to align procurement processes with organizational goals, optimizes supply chain efficiencies, and ensures compliance with regulatory requirements. Additionally, they lead and mentor a team of procurement professionals, fostering growth and innovation within the procurement function.

Requirements

- Bachelor's degree in Supply Chain Management, Business Administration, or related field
- 7+ years of experience in procurement or supply chain management
- Proven experience in strategic procurement, including contract negotiation and supplier management
- Strong knowledge of procurement processes, policies, and best practices
- Excellent analytical skills with the ability to analyze market trends and forecast procurement needs
- Demonstrated ability to manage and lead a team of procurement professionals
- Outstanding negotiation skills with a track record of securing favorable terms and prices
- Experience with risk assessment and mitigation strategies in supply chain management
- Comprehensive understanding of relevant laws, regulations, and compliance requirements
- Proficiency in procurement software and tools, such as ERP systems
- Strong interpersonal and communication skills
- Ability to collaborate effectively with internal departments and external vendors
- Exceptional organizational and time management skills
- Strong problem-solving abilities with a focus on continuous improvement
- Financial acumen with experience in budgeting and cost management
- Ability to prepare and present detailed reports and performance metrics
- Knowledge of industry best practices and emerging trends
- Certification in procurement or supply chain management (e.g., CPSM, CPIM) is a plus
- Experience with supplier audits and performance evaluations using KPIs

Responsabilities

- Develop, implement, and monitor procurement strategies
- Analyze and forecast market trends
- Negotiate contracts with vendors and suppliers
- Manage and resolve supplier relationships and disputes
- Conduct risk assessments and develop mitigation plans
- Ensure compliance with laws, regulations, and policies
- Prepare and present procurement activity reports
- Coordinate with internal departments on procurement objectives
- Oversee the procurement process from requisition to delivery
- Identify opportunities for cost savings and efficiency improvements
- Train, mentor, and manage procurement team
- Evaluate and monitor supplier performance using KPIs
- Review and approve purchase orders and contracts
- Collaborate with finance on budget alignment
- Maintain up-to-date knowledge of industry best practices and trends
- Participate in strategic planning and budgeting processes
- Conduct supplier audits and assessments for quality and performance compliance

Ideal Candidate

The ideal candidate for the Senior Procurement Manager role is a highly experienced and strategic professional with over 7 years of expertise in procurement or supply chain management, paired with a Bachelor's degree in Supply Chain Management, Business Administration, or a related field. Possessing proven experience in strategic procurement, including contract negotiation and supplier management, the candidate demonstrates strong leadership and team management skills, able to effectively mentor and guide a team of procurement professionals. They exhibit exceptional analytical abilities to analyze market trends and forecast procurement needs, and are adept at managing supplier relationships while resolving disputes efficiently. This individual is proficient in procurement software and tools, such as ERP systems, and has a comprehensive understanding of relevant laws, regulations, and compliance requirements. With outstanding negotiation skills, they consistently secure favorable terms and prices, while their experience in risk assessment and mitigation ensures supply chain resilience. The candidate excels in collaboration, with strong interpersonal and communication skills, fostering effective relationships with internal departments and external vendors. Detail-oriented with excellent organizational and time management abilities, they thrive under pressure, meeting tight deadlines through strong decision-making and problem-solving skills. Their financial acumen, combined with the ability to prepare and present detailed reports and performance metrics, distinguishes them as a forward-thinking professional committed to continuous improvement and innovation. Additionally, a high level of integrity, ethical standards, and a customer-focused approach underscore their commitment to service excellence and value creation. Certification in procurement or supply chain management, such as CPSM or CPIM, further enhances their qualifications, making them the perfect fit for this role.

On a typical day, you will...

- Develop, implement, and monitor procurement strategies to meet organizational goals
- Analyze and forecast market trends to inform procurement decisions
- Negotiate contracts, terms, and pricing with vendors and suppliers
- Manage supplier relationships and resolve any issues or disputes that arise
- Conduct risk assessments and develop mitigation plans for potential supply chain disruptions
- Ensure compliance with applicable laws, regulations, and internal policies
- Prepare and present reports on procurement activities, costs, and performance metrics
- Coordinate with internal departments to ensure alignment of procurement objectives
- Oversee the entire procurement process, from requisition to delivery
- Identify opportunities for cost savings and efficiency improvements
- Train, mentor, and manage a team of procurement professionals
- Evaluate and monitor supplier performance using key performance indicators (KPIs)
- Review and approve purchase orders and contracts
- Collaborate with finance to align budget and procurement strategies
- Maintain up-to-date knowledge of industry best practices and emerging trends
- Participate in strategic planning and budgeting processes
- Conduct supplier audits and assessments to ensure compliance with quality and performance standards

What we are looking for

- Strategic thinker with a results-oriented mindset
- Exceptional leadership and team management skills
- Strong decision-making and problem-solving abilities
- Proactive and able to anticipate supply chain needs
- Excellent communication and interpersonal skills
- High level of integrity and ethical standards
- Strong negotiation skills with a focus on value creation
- Detail-oriented with excellent analytical skills
- Ability to work under pressure and meet tight deadlines
- Adaptability and openness to change in a dynamic environment
- Collaborative with a strong sense of teamwork
- Technologically adept with the ability to leverage software and tools
- Customer-focused with a commitment to service excellence
- Strong project management capabilities
- Continuous improvement mindset and commitment to innovation

What you can expect (benefits)

- Competitive salary range, commensurate with experience
- Comprehensive health, dental, and vision insurance
- Retirement savings plan with company match
- Paid time off, including vacation, personal days, and holidays
- Flexible work schedule and remote work options
- Professional development and training programs
- Tuition reimbursement for continued education
- Opportunities for career advancement and growth
- Employee wellness programs
- Collaborative and inclusive work environment
- Company-sponsored social events and activities
- Life insurance and disability coverage
- Employee assistance program (EAP)
- Performance-based bonuses and incentives
- Relocation assistance (if applicable)
- Access to cutting-edge procurement tools and technologies

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