Procurement Supervisor

ACDC Dynamics a leading manufacturer, importer, and distributor of quality products in the electrical, electronics, pumps, and tools industry is looking for an experienced and dynamic Procurement Supervisor to contribute to our company’s procurement objectives. Purpose of the Role Manage all aspects of purchasing to support organizational operations efficiently and cost-effectively. The role of the Procurement Supervisor is to manage the company’s supply of products and services. Procurement Supervisors responsibilities include strategizing to find cost-effective deals and suppliers. Manage, lead, and control the procurement team of Local and International Buyers. To ensure that all procurement aspects are checked The Procurement Manager’s duty is to discover the best ways to cut procurement expenses, so that the company can invest in growth and people. Key Performance Areas Establish and implement purchasing policies, procedures, and best practices Monitor ongoing compliance with purchasing policies and procedures Direct procurement policies to ensure all items are purchased and delivered within budget and time constraints Monitor supplier and vendor compliance with contractual agreements Oversee supplier compliance with internal quality standards and external regulations Introduce performance improvement measures for suppliers and vendors Review purchase orders for proper authorization and compliance with organizational policy and procedures Identify and source new suppliers and vendors Manage vendor and supplier selection process based on price, quality, support, capacity, and reliability Develop and maintain strategic relationships with key suppliers and vendors Establish and update an approved vendor/supplier database Develop, negotiate, and administer purchasing agreements and contracts with suppliers in support of organizational requirements Evaluate contracts to ensure compliance with legal requirements and organizational policies Troubleshoot cost, quality, and delivery concerns Manage risk relating to quality, cost, delivery, and supply of purchases. Work with relevant departments to manage inventory requirements Facilitate timely placement of purchase orders Develop and manage purchasing budgets and forecasts Monitor and reduce purchase variances to meet profit objectives Oversee the operations and daily activities of the purchasing department Performance manage, develop and motivate purchasing staff Direct continuous improvement of purchasing processes in line with changing organizational needs and market conditions