- Category Management:
- Develop and execute category-specific strategies aligned with the organization’s
goals and objectives, ensuring optimal sourcing decisions.
- Conduct spend analysis to identify opportunities for cost savings, supplier
consolidation, and process improvements within assigned categories.
- Manage the end-to-end procurement process for specific categories, from identifying
needs and conducting supplier research to executing contracts and performance
reviews.
- Continuously review and assess category performance to ensure alignment with
business needs, identifying opportunities for improvements, and implementing
corrective actions as required.
- Supplier Relationship Management:
- Build and maintain strong relationships with key suppliers, negotiating long-term
contracts and performance agreements that drive value, quality, and innovation.
- Regularly monitor and evaluate supplier performance against contractual terms,
ensuring delivery on key metrics such as cost, quality, lead times, and service levels.
- Lead the supplier selection process, including conducting requests for proposals
(RFPs), bids, and negotiations, ensuring best-value suppliers are selected.
- Resolve any supplier performance issues or disputes promptly and professionally,
ensuring business continuity and supplier compliance.
- Market Research & Analysis:
- Perform continuous market research to stay updated on industry trends, new
suppliers, technologies, and innovations that could offer value or cost savings for the
organization.
- Conduct a thorough analysis of market conditions, supply chain risks, and alternative
sourcing strategies to drive procurement decisions.
- Provide category insights to senior management, assisting in the development of
business strategies, forecasts, and budget planning.
- Contract Management & Compliance:
- Assist in the negotiation, drafting, and execution of contracts with suppliers, ensuring
terms are aligned with organizational objectives and compliance requirements.
- Monitor contract performance, ensuring suppliers meet contractual obligations and
adhere to agreed-upon timelines, quality standards, and service levels.
- Ensure all procurement activities within the category comply with internal policies,
procurement regulations, and external legal requirements.
- Collaboration & Stakeholder Engagement:
- Work closely with internal stakeholders, such as finance, operations, legal, and other
departments, to understand their needs and requirements within the category.
- Develop a deep understanding of business priorities and translate these into
actionable procurement strategies.
- Act as a liaison between internal teams and suppliers, ensuring clear communication
and alignment on objectives, timelines, and expectations.
- Continuous Improvement:
- Proactively identify opportunities for process improvements, cost reduction, and
efficiency gains in procurement operations within the assigned category.
- Support the implementation of best practices and innovative solutions in procurement
activities, ensuring continual improvement and value delivery.
- Participate in regular training and development to stay current with industry best
practices, procurement tools, and evolving market dynamics.