Purchasing Supervisor

Purchasing Supervisor

Job Summary

• Supervises daily procurement and purchasing operations and implements the strategy to provide the materials and services to meet organizational requirements for quality, volume, availability, and pricing.
• Maintains strategic supplier relationships, negotiates pricing, monitors performance, and expedites responding to changes in demand or disruptions in the supply chain.
• Collaborates with other functions to meet current and future inventory requirements and manage inventory levels.
• Utilizes technical tools to analyze data and increase responsiveness to material demands.
• Performs auditing processes to ensure procurement and recordkeeping comply with any applicable industry or governmental regulations.
• Contributes to the development of processes and procedures.
• Develop and implement procurement strategies and policies to optimize purchasing activities and achieve cost savings while meeting quality and delivery requirements.
• Collaborate with internal departments to understand their purchasing needs, forecast demand, and develop procurement plans accordingly.
• Identify and evaluate potential suppliers and vendors based on price, quality, reliability, and delivery performance.
• Negotiate contracts, terms, and conditions with suppliers to secure favorable pricing and contractual agreements.
• Monitor and analyze market trends, supplier performance, and product specifications to identify opportunities for cost savings and process improvements.
• Manage the purchase order process, ensuring accurate and timely purchase order creation, issuance, and tracking.
• Oversee the supplier evaluation and qualification process, ensuring compliance with organizational policies and standards.
• Ensure compliance with regulatory requirements and internal procurement policies, such as ethical sourcing, sustainability, and diversity initiatives.
• Resolve supplier-related issues, including disputes, quality concerns, delivery delays, and payment discrepancies.
• Collaborate with cross-functional teams, including finance, operations, and quality assurance, to ensure alignment and effective communication throughout the procurement process.
• Supervise and provide guidance to the purchasing team, including training, performance evaluation, and professional development initiatives.

Required Qualifications

• Bachelor's degree in business administration, supply chain management, or a related field.
• Proven experience as a Purchasing Supervisor or in a similar procurement role.
• In-depth knowledge of procurement processes, procedures, and best practices.
• Familiarity with sourcing and procurement tools and technologies.
• Proficiency in MS Office Suite (Excel, Word, PowerPoint) and procurement software.
• Strong understanding of financial principles and budget management.
• Excellent organizational and time management skills.
• Certification in procurement or supply chain management (e.g., CPSM, CSCP) is a plus.