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Procurement Manager
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Procurement Manager

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1 Vacancy
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Job Location

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Jersey City - USA

Monthly Salary

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Not Disclosed

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Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Req ID : 2847535

The Procurement Manager will be responsible for developing and implementing strategies for procuring storing and distributing goods or services and managing vendors. The successful candidate will be able to perform strategic procurement activities across multiple product categories.

Key responsibilities:
Develop lead and execute purchasing strategies.
Track and report key functional metrics to reduce expenses and improve effectiveness.
Craft negotiation strategies and close deals with optimal terms.
Partner with stakeholders to ensure clear requirements documentation.
Forecast price and market trends to identify changes of balance in buyersupplier power.
Perform cost and scenario analysis and benchmarking.
Assess manage and mitigate risks.
Seek and partner with reliable vendors and suppliers.
Determine quantity and timing of deliveries.

Software/Tools:
Procurement and Supplier Management Software: Manage sourcing procurement processes and supplier relationships.
Data Analysis and Reporting Tools: Perform cost analysis benchmarking and track key metrics.
Forecasting and Market Analysis Tools: Forecast market trends and analyze price trends.
Risk Management Tools: Assess manage and mitigate procurement risks.
Communication and Collaboration Tools: Facilitate communication and collaboration with stakeholders and vendors.
Contract Management Software: Manage procurement contracts and ensure optimal terms.

Skill set:
Indepth knowledge of sourcing and procurement techniques with the ability to read the market and anticipate trends.
Exceptional negotiation and networking skills with a talent for building and maintaining productive supplier relationships.
Proficiency in supplier or thirdparty management software.
Strong decisionmaking abilities with a knack for working with numbers and analyzing data.
Experience in collecting analyzing and interpreting data to drive procurement decisions.
Strong leadership capabilities with the ability to lead crossfunctional teams and drive process improvements.

Experience:
Proven working experience as a Procurement Manager Procurement Officer or Head of Procurement.
Knowledge of sourcing and procurement techniques as well as a dexterity in reading the market.
Good sourcing and procurement knowledge in different products and industries.
Experience in collecting and analyzing data.
BSc degree in supply chain management logistics or business administration.

Additional Advantages:
It will be advantageous if the candidate speaks some of the following languages: Mandarin (Chinese) Hindi Spanish
It will be beneficial if the Candidate has lived in China and has experienced factory sourcing inperson

About Us: At VTS Global our vision is to create purposedriven brands on a global scale each leaving a positive impact on humanity. We believe in building datadriven brands anchored in transparent supply chains. With a customercentric approach we create impactful products that reach across borders aiming to make a positive difference worldwide.

We know our success depends on the people who join us. Thats why we have a meticulous screening process so we can hire topnotch talent. Join us by applying directly at Submissions elsewhere are ignored.

Employment Type

Full Time

Company Industry

FMCG / Foods / Beverages

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