Procurement Manager
Manage the purchasing of goods and services for a company.
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Jobs in Jobstreet right nowJob growth
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Typical monthly salaryJob satisfaction
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Job opportunities
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Jobs in Jobstreet right nowSalary
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Typical monthly salaryJob growth
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In the last yearJob satisfaction
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On this page
- What's it like to be a Procurement Manager?
- How to become a Procurement Manager
- Latest Procurement Manager jobs
- Top skills and experience for Procurement Managers
What's it like to be a Procurement Manager?
Procurement Managers are in charge of acquiring goods and services needed for business operations. They strategize and negotiate with vendors to secure advantageous terms of purchase, coordinate supply chain operations, oversee purchase orders and shipments, and maintain supplier relationships. Their role is important in a variety of industries, from manufacturing to retail to healthcare, where timely, cost-effective procurement is a key component to organizational success. Strong analytical and negotiation skills, paired with a good understanding of supply chain management, are usually required in this role. Industry specific knowledge may also be required depending on the organization's field of operation.
Tasks and duties
- Developing and implementing procurement strategies for the organization.
- Negotiating terms with suppliers to secure advantageous deals.
- Managing supplier relationships and monitoring contract terms.
- Overseeing the purchase of supplies, equipment, and services for various departments.
- Analyzing spend data, predicting future trends and identifying cost-saving opportunities.
- Leading and mentoring a procurement team to achieve set objectives.
How to become a Procurement Manager
A bachelor degree and relevant experience are typically required for the role of Procurement Manager.
- 1.Earn a bachelor degree in supply chain management, operations management, business administration, or related field.
- 2.Gain experience in procurement through an entry-level position.
- 3.Take on leadership roles.
- 4.Consider getting certification such as the Public Procurement Specialist Certification Course or Certified Purchasing Manager designation.
- 5.With ample experience, you can move up to the role of Procurement Manager.
Compare your salary
Find out how your salary compares with the average salary for Procurement Managers.Latest Procurement Manager jobs on Jobstreet
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Procurement Manager employers on Jobstreet are looking for job seekers with expertise in the following areas. Strategic Sourcing
Negotiation
Supply Chain Management
Supplier Performance
Contract Negotiation
Supplier Relationships
Supplier Management
Category Management
Supply Chain
Strategic Procurement
Purchase to Pay
Contract Management
Cost Saving
Purchase Orders
Market Research
Stakeholder Management
Accreditation
Supplier Negotiation
Optimisation
Sales Support
Source: Jobstreet job ads and Jobstreet Profile data
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