Join our client, a real estate investment firm looking for a Procurement manager in their growing team. Looking for a self starter individual to drive the team and work collaboratively with other departments.
Keen to explore this opportunity Apply now!
Primary Duties & Responsibilities
- Collaborate with requestors to understand their needs for equipment, supplies, maintenance services (cleaning, repairs), utilities, and more.
- Research and identify qualified vendors to provide required goods and services at competitive prices, which may include attending trade shows, conducting market research, and utilizing industry resources.
- Negotiate contracts with vendors to secure the best terms regarding price, quality, delivery time, and service level agreements (SLAs).
- Build and maintain strong relationships with key vendors by fostering open communication, addressing concerns promptly, and negotiating mutually beneficial partnerships.
- Oversee the creation and processing of purchase orders for all facility-related needs, ensuring accuracy and compliance with company policies.
- Implement systems to manage inventory levels for commonly used supplies and equipment, optimizing stock levels, and minimizing costs.
- Identify cost-saving opportunities by negotiating better pricing with existing vendors, exploring alternative sourcing options, or implementing cost-reduction strategies.
- Manage the procurement budget for facilities, ensuring efficient spending and adherence to financial guidelines.
- Identify and mitigate potential risks associated with procurement activities, such as vendor performance issues, supply chain disruptions, or price fluctuations.
- Ensure all procurement activities comply with company policies, regulations, and industry standards. Maintain the approved vendor list and conduct yearly reviews.
- Stay updated on market trends in facility management and procurement practices, including new technologies and evolving supplier landscapes.