Procurement Manager

Roles and responsibilities

Core Procurement Skills:

1. Sourcing and Supplier Selection:

   • Identifying and selecting reliable suppliers who can meet quality, cost, and delivery requirements.
   • Conducting supplier evaluations and assessments, considering factors such as reputation, financial stability, and production capabilities.
   • Building a supplier database and maintaining relationships with suppliers to ensure competitive pricing and high-quality goods.

2. Contract Negotiation and Management:

   • Negotiating contracts, terms, and pricing with suppliers to ensure the best possible deal for the company.
   • Drafting, reviewing, and managing procurement contracts, including service-level agreements (SLAs) and performance-based contracts.
   • Monitoring contract performance to ensure compliance with agreed terms and conditions.

3. Cost Control and Budget Management:

   • Managing procurement budgets and ensuring that all purchasing activities stay within financial limits.
   • Identifying opportunities for cost reduction and optimizing procurement spending while maintaining quality standards.
   • Developing strategies for purchasing in bulk, negotiating discounts, and maximizing savings.

4. Inventory Management:

   • Overseeing inventory levels to ensure that products are ordered in a timely manner and stock levels are maintained.
   • Collaborating with inventory and warehouse teams to manage supply levels and avoid overstocking or stockouts.
   • Implementing just-in-time (JIT) inventory systems or other methods to reduce inventory costs.

5. Risk Management:

   • Identifying and mitigating risks associated with suppliers, market volatility, and procurement processes.
   • Developing contingency plans for supply chain disruptions, price fluctuations, or delays.
   • Monitoring supplier performance to ensure that risks related to quality, lead times, or financial stability are minimized.

6. Procurement Strategy and Planning:

   • Developing and implementing procurement strategies that align with the organization's overall business objectives.
   • Analyzing market trends and understanding supply chain dynamics to forecast future procurement needs.
   • Collaborating with other departments (e.g., finance, operations) to align procurement goals with organizational priorities.

Desired candidate profile

• JOB PURPOSE:
• Responsible for and plans, organizes and manages the procurement process for RLNG Project
• Ability to fit purchase into project ecosystem besides maintaining freight and supply chain costs
• Managing diverse procurement activities and aligning with design engineering
• Develop and maintain productive relationships with direct reports, senior management, vendors, other support groups and project team members.
• Review of all purchase orders and contracts
• Ensuring accuracy and adequacy of purchasing/contracts negotiation and supply chain administration activities
• Fulfillment of various supply chain requirements relating to project performance
• Timeliness, accuracy and adequacy of problem identification, status reporting and corrective actions
• Negotiation of T&C, Prices and Vendor Management
• Coordination with expediting and project management teams during project execution to maintain on-time material delivery and supply
• QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:
  

Minimum Qualification

• Bachelor’s degree in engineering or equivalent
  

Minimum Experience & Knowledge & Skills

• 20+ years of diverse experience Procurement Management including at least 5 years’ experience in Procurement including at least 10 years of experience focused on Procurement, in the Oil, Gas or Petrochemical industry.