Procurement Manager
Apply NowCompany: DHD Consulting
Location: Englewood Cliffs, NJ 07632
Description:
About the job Procurement Manager
1. Procurement Planning & Strategy Development
- Develop and implement purchasing strategies aligned with the purchasing policies of
headquarter.
- Create and execute purchasing strategies aimed at optimizing costs and operation efficiency.
- Forecast demand and align procurement activities with logistics needs.
- Actively collaborate with relevant department including headquarters procurement planning
team and adhere to the established reporting structure.
- Conduct market research, manage sourcing groups (vendor pool), and issue strategic reports for each sourcing group.
2. Establishment and Management of Supplier Operations Structure
- Identify, evaluate, and select reliable new suppliers for logistics-related purchasing.
- Enhance the management of existing suppliers (vendor sourcing group management, vendor pool updates & cleansing, service quality related KPI management, etc.).
- Lead bidding processes and negotiations to reduce costs and improve service quality.
- Maintain strong relationships with vendors to ensure on-time delivery and resolve business
issues.
- Publish profiles of key vendors, identify top-performing vendors, and optimize the vendor pool.
3. Cost Management and Budget Control
- Monitor and manage procurement costs while maintaining service quality standards.
- Develop cost-saving initiatives and evaluate procurement performance.
- Ensure Compliance with budget control and Payment Terms
4. Purchase Order & Inventory Management
- Manage the purchasing process, including purchase order, approval and execution.
- Monitor inventory of logistics materials (e.g., packaging materials, warehouse supplies)
- Coordinate with warehouse teams to optimize stock levels and prevent shortages.
5. Compliance & Risk Management
- Ensure procurement activities comply with company policies and legal regulations.
- Assess and mitigate risks related to supplier reliability, contract terms, and market fluctuations.
- Supervise documents, records, for Jeong-Do Management(Audit, Compliance, and Other
Related Activities) and verify compliance with internal regulations.
6. Performance Monitoring & Reporting
- Track supplier performance and resolve issues related to quality or delivery delays.
- Publish reports on procurement efficiency, cost savings, and vendor evaluations.
- Recommend improvements to enhance procurement processes and supply chain resilience.
1. Procurement Planning & Strategy Development
- Develop and implement purchasing strategies aligned with the purchasing policies of
headquarter.
- Create and execute purchasing strategies aimed at optimizing costs and operation efficiency.
- Forecast demand and align procurement activities with logistics needs.
- Actively collaborate with relevant department including headquarters procurement planning
team and adhere to the established reporting structure.
- Conduct market research, manage sourcing groups (vendor pool), and issue strategic reports for each sourcing group.
2. Establishment and Management of Supplier Operations Structure
- Identify, evaluate, and select reliable new suppliers for logistics-related purchasing.
- Enhance the management of existing suppliers (vendor sourcing group management, vendor pool updates & cleansing, service quality related KPI management, etc.).
- Lead bidding processes and negotiations to reduce costs and improve service quality.
- Maintain strong relationships with vendors to ensure on-time delivery and resolve business
issues.
- Publish profiles of key vendors, identify top-performing vendors, and optimize the vendor pool.
3. Cost Management and Budget Control
- Monitor and manage procurement costs while maintaining service quality standards.
- Develop cost-saving initiatives and evaluate procurement performance.
- Ensure Compliance with budget control and Payment Terms
4. Purchase Order & Inventory Management
- Manage the purchasing process, including purchase order, approval and execution.
- Monitor inventory of logistics materials (e.g., packaging materials, warehouse supplies)
- Coordinate with warehouse teams to optimize stock levels and prevent shortages.
5. Compliance & Risk Management
- Ensure procurement activities comply with company policies and legal regulations.
- Assess and mitigate risks related to supplier reliability, contract terms, and market fluctuations.
- Supervise documents, records, for Jeong-Do Management(Audit, Compliance, and Other
Related Activities) and verify compliance with internal regulations.
6. Performance Monitoring & Reporting
- Track supplier performance and resolve issues related to quality or delivery delays.
- Publish reports on procurement efficiency, cost savings, and vendor evaluations.
- Recommend improvements to enhance procurement processes and supply chain resilience.