Roles and responsibilities
The Senior Manager, Procurement – Sourcing, plays a critical role in driving procurement transformation at GMG. Reporting to the Director of Procurement, this position will develop category strategies that align with organizational objectives, driving cost savings, and managing supplier relationships to enhance value and mitigate risk. The Senior Manager collaborates with senior stakeholders to ensure alignment with organizational goals, leads a team of sourcing professionals, and leverages data-driven insights to elevate procurement practices across the organization.
Job Description:
- Support process improvement initiatives to streamline procurement operations, ensuring that category management frameworks are integrated and adhered to across all spend areas.
- Manage strategic sourcing activities for high-impact categories, overseeing end-to-end tender processes and complex negotiations to secure optimal contract terms and value.
- Collaborate with cross-functional teams to align sourcing strategies with GMG’s wider business goals and requirements.
- Develop and implement supplier performance management processes, setting and monitoring KPIs and SLAs to ensure high-quality delivery and compliance.
- Provide guidance and support to junior team members, fostering an environment of continuous improvement and skill development to build a high-performing procurement function.
People Management:
- Lead, mentor, and develop a team of procurement professionals, fostering a culture of continuous improvement and high performance.
- Manage team performance, providing regular feedback, coaching, and development opportunities.
- Promote knowledge sharing and collaboration within the procurement team and across the organization.
Functional Technical/ Competencies:
- Proficiency in contract management and supplier relationship management, with the ability to structure, negotiate, and optimize contracts to support business objectives.
- Experience with procurement technologies such as Coupa or similar e-procurement platforms is advantageous, supporting process automation and data transparency.
- Strong analytical skills with the ability to interpret and leverage procurement data to make informed decisions that drive cost savings and efficiencies
- Proficiency in developing and delivering training programs to support team development.
- Understanding of regulatory requirements and compliance in procurement.
- Ability to drive continuous improvement and innovation within the procurement function.
Desired candidate profile
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Strategic Procurement Management
- Develop Procurement Strategies: Formulate and implement long-term procurement strategies that align with the company’s overall goals and objectives.
- Supplier Selection and Management: Lead the selection process for suppliers, evaluate their capabilities, and build strong, long-term relationships to ensure reliable and cost-effective supply chains.
- Contract Negotiation: Oversee the negotiation of contracts with suppliers and vendors, ensuring terms are favorable, cost-effective, and legally sound.
- Risk Management: Identify and mitigate risks in the procurement process, including supplier failures, supply chain disruptions, or pricing volatility.
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Team Leadership and Development
- Lead the Procurement Team: Manage and mentor junior procurement staff, ensuring they have the resources and training they need to succeed.
- Performance Management: Set performance targets for the team, conduct reviews, and ensure procurement activities are executed efficiently and within budget.
- Cross-Departmental Collaboration: Collaborate with other departments, such as finance, legal, and operations, to ensure the procurement process aligns with organizational needs.
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Cost Management and Optimization
- Cost Control: Monitor and control procurement budgets, identify areas for cost-saving opportunities, and implement measures to reduce costs without sacrificing quality or service.
- Supplier Performance Evaluation: Regularly evaluate supplier performance based on criteria such as delivery times, product quality, and pricing to ensure the best value for the organization.
- Market Research: Conduct market research to stay updated on trends, new suppliers, and emerging technologies that could improve procurement efficiency.
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Procurement Compliance and Reporting
- Ensure Compliance: Ensure that procurement processes comply with internal policies, legal regulations, and industry standards.
- Reporting: Provide regular reports to senior management on procurement activities, savings, and performance metrics. These reports can include KPIs like cost reductions, supplier performance, and procurement cycle times.
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Inventory Management and Supply Chain Coordination
- Inventory Control: Work closely with supply chain and logistics teams to maintain optimal inventory levels and prevent shortages or overstocking.
- Supply Chain Coordination: Ensure a smooth flow of materials and goods across the supply chain, working to prevent disruptions and delays.