Procurement Manager
CurrentResponsibilitiesManaging procurement processes, including the purchasing of goods and services needed for daily operations.Managing procurement budgets, strategies, and payment processes Developing and implementing cost-effective procurement strategies and policies for the purchasing of goods and servicesEvaluating and strategic sourcing of potential suppliersNegotiating contracts with suppliers to secure the best deals and termsMaintaining advantageous relationships with suppliers and managing disputesMonitoring supplier performance for optimal business operations performance (OTIF and RFQ)Collaborating with internal departments to ensure procurement needs are metTracking key metrics and KPIs to reduce costs and increase the productivity Optimizing workflows and automation processes to save time and money Ensuring compliance with relevant regulations, standards, and laws Monitoring industry trends and developmentsAccomplishments (end of 2023):Cost Savings for raw and pack materials:- 9% below cumulatively compared to last year (vs. LY)- 11% below cumulatively according to the budget (vs. Budget)Effective sourcing with no expired materials, stock outs (shortages) or overstocked inventoryPositive effect on cash flow generated by extending payment terms for the important categories of raw materials