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.

128000
yearly U.S. wage
51200
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 is a cutting-edge staffing agency revolutionizing the way US companies build their teams. Leveraging advanced technology and embracing the power of remote work, we connect SMBs, startups, and firms across the United States with top-tier talent from Latin America. Our platform seamlessly integrates professionals into US business ecosystems, regardless of physical borders. Vintti operates on the principle of a borderless future of work, where skills and expertise trump geographical constraints.

Description

A Senior Procurement Manager plays a critical role in overseeing an organization's procurement strategy, ensuring the efficient acquisition of goods and services at optimal costs. This role involves developing strategic sourcing plans, negotiating contracts, and managing relationships with key suppliers. They analyze market trends and supplier performance to inform purchasing decisions, all while ensuring compliance with regulatory and company standards. Additionally, Senior Procurement Managers collaborate with various departments to forecast needs, manage budgets, and drive cost-saving initiatives, ultimately contributing significantly to the company’s bottom line.

Requirements

- Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
- Minimum of 8-10 years of experience in procurement or supply chain management.
- Proven track record in developing and implementing procurement strategies.
- Strong negotiation skills with experience in contract management.
- Excellent analytical and problem-solving abilities.
- Proficiency in procurement software and systems.
- Experience managing supplier relationships and performance.
- Knowledge of market analysis and cost reduction strategies.
- Strong leadership and team management skills.
- Ability to collaborate effectively with cross-functional teams.
- Exceptional communication and presentation skills.
- Strong attention to detail and organizational skills.
- Demonstrated ability to manage multiple projects and priorities.
- Understanding of regulatory compliance and procurement best practices.
- Expertise in conducting procurement audits and risk assessments.
- Familiarity with industry trends and emerging procurement technologies.
- Certification in procurement or supply chain management (e.g., CPSM, CIPS) preferred.
- Advanced proficiency in Microsoft Office Suite, especially Excel.
- Experience in conducting supplier development programs.
- Ability to work in a fast-paced, dynamic environment.

Responsabilities

- Develop and execute procurement strategies aligned with company objectives.
- Identify, evaluate, and select suppliers based on quality, service, cost, and reliability.
- Negotiate contracts, pricing, terms, and conditions with suppliers.
- Maintain and manage relationships with key suppliers.
- Analyze market trends to identify risks and opportunities in the supply chain.
- Monitor supplier performance and address issues related to quality, delivery, or service.
- Ensure compliance with company policies and procedures in all procurement activities.
- Collaborate with other departments to meet their procurement needs and objectives.
- Review and approve purchase orders and requisitions within authorization levels.
- Conduct regular procurement audits to ensure documentation and adherence to guidelines.
- Prepare and present procurement reports to senior management.
- Identify and execute cost-saving opportunities through strategic sourcing.
- Mentor and develop junior procurement staff.
- Stay updated with industry best practices and emerging trends.
- Coordinate with legal and finance teams for contract compliance and budget adherence.
- Lead cross-functional teams on special procurement projects.
- Implement and manage procurement systems and software.
- Conduct supplier risk assessments and develop mitigation plans.
- Facilitate supplier development programs for improved performance.
- Align procurement activities with overall business goals and strategies.

Ideal Candidate

The ideal candidate for the Senior Procurement Manager role is a strategic thinker with a strong business acumen, adept at interpreting complex data and market trends to drive procurement strategies that align with company objectives. With at least 8-10 years of hands-on experience in procurement or supply chain management, they possess a proven track record in developing and implementing cost-effective procurement strategies and managing supplier relationships for continuous improvement. They are highly skilled in negotiation and contract management, ensuring favorable terms with suppliers while maintaining high standards of quality, service, and reliability. This individual excels in leadership and team management, able to inspire, mentor, and develop junior staff, and effectively lead cross-functional teams on special projects. Their analytical mindset is complemented by exceptional problem-solving capabilities and a keen eye for detail, ensuring thorough documentation and adherence to compliance standards. They possess excellent communication and presentation skills, enabling them to collaborate seamlessly with other departments, senior management, and external stakeholders. Proactive and adaptable, they thrive in fast-paced, dynamic environments, anticipating challenges and identifying opportunities for continuous improvement. Their high ethical standards, integrity, and results-oriented approach make them an invaluable asset, capable of facilitating supplier development and driving innovation within the organization. Proficiency in procurement software and advanced Microsoft Office skills, especially Excel, is essential, along with certification in procurement or supply chain management being highly preferred.

On a typical day, you will...

- Develop and implement procurement strategies to meet company objectives.
- Evaluate and select suppliers based on quality, service, cost, and reliability.
- Negotiate contracts, terms, and pricing with suppliers to secure advantageous terms.
- Manage relationships with key suppliers to ensure continuous improvement and innovation.
- Analyze market trends to identify potential risks and opportunities in the supply chain.
- Monitor supplier performance and resolve any issues related to quality, delivery, or service.
- Oversee the procurement process to ensure compliance with company policies and procedures.
- Collaborate with other departments to understand their procurement needs and objectives.
- Review and approve purchase orders and requisitions as per authorization levels.
- Conduct regular procurement audits to ensure proper documentation and adherence to guidelines.
- Prepare and present procurement reports to senior management, highlighting key metrics and insights.
- Identify cost-saving opportunities through strategic sourcing and supplier negotiations.
- Manage and mentor junior procurement staff to develop their skills and capabilities.
- Stay updated with industry best practices and emerging trends in procurement and supply chain management.
- Coordinate with legal and finance teams to ensure contract terms are met and expenditures are within budget.
- Lead cross-functional teams on special procurement projects to drive continuous improvement.
- Implement and manage procurement systems and software to streamline processes.
- Conduct supplier risk assessments and develop mitigation plans as needed.
- Facilitate supplier development programs to improve performance and drive innovation.
- Ensure alignment of procurement activities with overall business goals and strategies.

What we are looking for

- Strategic thinker with strong business acumen.
- Exceptional negotiation and persuasion skills.
- Analytical mindset with the ability to interpret complex data.
- Strong leadership qualities and the ability to inspire and mentor a team.
- Excellent problem-solving capabilities and decision-making skills.
- High attention to detail and meticulous with documentation.
- Proactive and able to anticipate challenges and opportunities.
- Effective communicator with robust interpersonal skills.
- Driven and results-oriented with a focus on continuous improvement.
- Adaptable and thrives in a fast-paced, dynamic environment.
- High ethical standards and integrity in all dealings.
- Collaborative team player with a customer-focused approach.
- Strong organizational and time management skills.
- In-depth knowledge of procurement best practices and industry standards.
- Tech-savvy with proficiency in procurement software and systems.

What you can expect (benefits)

- Competitive salary range ($100,000 - $130,000 per year)
- Performance-based bonuses
- Comprehensive health, dental, and vision insurance
- 401(k) plan with company match
- Paid time off (PTO) and holidays
- Flexible work schedules and remote work options
- Professional development and training programs
- Tuition reimbursement for further education
- Employee assistance program (EAP)
- Wellness programs and gym membership discounts
- Life insurance and disability coverage
- Opportunities for career growth and advancement
- Company-sponsored events and team-building activities
- Commuter benefits and transportation subsidies
- Supportive and inclusive company culture

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