A procurement manager is in charge of making purchases in an organisation. They perform very essential functions, like conducting research, placing orders and procuring items like raw materials and other important items. Knowing more about the job of a procurement manager and learning about their duties and salary can help you decide if this is a suitable career choice for you. In this article, we answer, "What is a procurement manager?", define their role, explain the challenges they face and find out the qualifications and skills required to become one.
JOB REQUIREMENTS:
• develop and implement cost-effective procurement strategies
• build and maintain relationships with the right vendors
• negotiate prices with vendors to secure the best price for their company
• compare different proposals and select the one which suits the company's needs
• maintain communication with vendors to ensure timely delivery
• check adherence to all health, safety and environmental regulations
• prepare detailed reports about transactions and purchases periodically
• oversee invoicing, payment and coordinate with the finance department on the same
• supervise technological systems that track the shipment, inventory and supply of materials
• lead and advise a team of procurement staff
