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Procurement Manager
Job Summary
The Procurement Manager is accountable for managing the end-to-end procurement process, from identifying supplier needs to negotiating contracts and ensuring timely delivery. This role works closely with cross-functional teams to understand business requirements, evaluate vendor capabilities, and secure the best possible terms and conditions. The Procurement Manager plays a pivotal role in optimizing costs, maintaining supply chain efficiency, and contributing to the organization's overall financial and operational success.
This role aims to ensure that the organization maintains a continuous supply of goods and services at optimal costs and quality levels, while adhering to deadlines and budgets.
Key Responsibilities:
- Develop and implement procurement strategies aligned with the organization's goals and objectives
- Conduct market research to identify and evaluate potential suppliers, products, and services
- Negotiate and manage contracts with suppliers, ensuring favorable pricing, delivery terms, and quality standards
- Collaborate with stakeholders to forecast and plan for future procurement needs
- Monitor supplier performance and manage relationships to drive continuous improvement
- Implement and maintain effective procurement policies, procedures, and internal controls
- Analyze procurement data and provide strategic insights to support decision-making
- Stay current with industry trends, regulations, and best practices in procurement
- Develop and maintain strategic relationships with key suppliers.
- Ensure compliance with legal and regulatory requirements.
- Identify cost-saving opportunities and implement strategies to achieve procurement savings.
- Implement strategies to minimize excess inventory and reduce obsolescence
- Resolve quality issues with suppliers and implement corrective actions as necessary.
- Prepare and present regular procurement reports, including spend analysis, supplier performance, and market trends.
- Utilize procurement software and tools for effective data management.
Required Skills:
- Bachelor's Degree or equivalent
- Postgraduate/master’s degree/CA/CIMA/ACCA/CPA or equivalent, an advantage.
- Experience in procurement or supply chain management
- Demonstrated proficiency in procurement processes, contract negotiation, and vendor management
Preferred Skills:
- Strong analytical and problem-solving skills with the ability to interpret data and make informed decisions
- Excellent communication and interpersonal skills to collaborate with cross-functional teams
- Familiarity with procurement-related software and tools, such as enterprise resource planning (ERP) systems
- Knowledge of relevant industry regulations, compliance requirements, and best practices
- The ability to analyze market trends, identify opportunities, and develop procurement strategies that align with the organization's long-term goals.
- Strong negotiation skills to secure favorable terms and conditions with suppliers, maximizing cost savings and ensuring the best value for the organization.
- Proficiency in managing procurement projects, including setting clear objectives, coordinating cross-functional teams, and ensuring the timely delivery of goods and services.
SkillsMaterial Resource Planning (MRP); Sourcing and Procurement; Database Management; Analytical Thinking; Customer Service; Food And Beverage (F&B); Business Purchases; Contracts; Logility; Microsoft Office; Communication; Mathematics; APICS Certification (Inactive); Negotiation; Cost Analysis; Global SAP; Manufacturing Process Controls
Our Purpose and Growth Culture:
We are taking deliberate action to nurture an inclusive culture that is grounded in our company purpose, to refresh the world and make a difference. We act with a growth mindset, take an expansive approach to what’s possible and believe in continuous learning to improve our business and ourselves. We focus on four key behaviors – curious, empowered, inclusive and agile – and value how we work as much as what we achieve. We believe that our culture is one of the reasons our company continues to thrive after 130+ years. Visit Our Purpose and Vision to learn more about these behaviors and how you can bring them to life in your next role at Coca-Cola.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.