Procurement Manager

Job code: 047/001/789
Industry: Chemical Raw Materials
Working Days: 6 days a week

Job Brief:
Our client is seeking an experienced Procurement Manager to oversee the sourcing, purchasing, and vendor management of all products and raw materials. The ideal candidate will have a holistic approach to procurement, ensuring cost optimization, supplier performance, risk management, and internal stakeholder satisfaction. This role requires strong strategic sourcing skills, contract negotiation expertise, and data-driven decision-making capabilities.

Job Responsibilities:

Procurement Performance & Cost Optimization

• Ensure on-time execution with ≥ 95% of purchase orders (POs) released within Service Level Agreement (SLA); maintain a cycle time ≤ 2 working days.
• Achieve annual cost savings of ≥ [X]% year-over-year through strategic sourcing and negotiations.
• Maintain a forecast accuracy and purchase requisition (PR) fulfillment rate of ≥ 98%, with ≤ 2% variance from forecast.

Supplier Performance & Risk Management

• Ensure ≥ 95% of Tier 1 suppliers comply with quality and service SLAs.
• Guarantee 100% contract coverage for high-value or strategic purchases.
• Resolve 100% of non-conformance reports (NCRs) and escalated disputes within SLA (≤ 7 working days).
• Conduct periodic supplier assessments to ensure quality, reliability, and compliance.
• Develop and implement supplier risk mitigation strategies.

Data, Systems & Reporting

• Maintain ≥ 99% accuracy in procurement records, contracts, and pricing data.
• Ensure 100% timely submission of procurement dashboards, supplier reviews, and reports.
• Drive continuous process improvement by implementing a minimum of two major initiatives per year.
• Utilize procurement software to streamline operations and enhance decision-making.

Internal Collaboration & Stakeholder Satisfaction

• Achieve a stakeholder satisfaction score of ≥ 90% from cross-functional teams.
• Ensure ≥ 95% of internal procurement requests are fulfilled within defined SLAs.
• Lead and develop the procurement team, ensuring ≥ 80% of direct reports meet or exceed performance expectations.
• Collaborate with Research & Development (R&D) and product development teams to support new product sourcing and procurement strategies.
• Provide guidance on procurement best practices and compliance with company policies.