A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. The position responsibilities may be the same as that of a buyer or purchasing agent, or may include wider supervisory or managerial responsibilities. A Purchasing Manager may oversee the acquisition of materials needed for production, general supplies for offices and facilities, equipment, or construction contracts. A Purchasing Manager often supervises purchasing agents and buyers, but in small companies the Purchasing Manager may also be the purchasing agent or buyer. The term Purchasing Manager is also known as "Procurement Manager".
A Purchasing Manager's responsibilities may include:
seeking reliable vendors or suppliers to provide quality goods at reasonable prices negotiating prices and contracts reviewing technical specifications for raw materials, components, equipment or buildings determining quantity and timing of deliveries (more commonly in small companies) Forecasting upcoming demand.
Main functions & responsibilities Develop and implement Purchasing strategy to provide a lean and agile Supply Chain, whilst optimising inventory and stock turns. Proactively improve Purchasing processes, supplier selection and development to support above. Oversee the preparation of tenders, analysis of bids and the award of contracts. Manage Supplier performance and create action plans to address those that underperform. Continuously review the role of Purchasing and communicate its role to other departments in the company. Ensure that all Purchasing transactions are conducted ethically and that CSR is given the appropriate attention. Review and Maintain Kanban levels in conjunction with the Master Scheduler, Production Controller and Manufacturing Engineering department. Ensure all Item Planning Data for purchased parts is accurately maintained. Provide information to Manufacturing regarding availability of material and expedite where necessary. Create and maintain procedures that are consistent with the company s ISO 9001:2008 quality standard. Annually review standard costs and drive product costs down. Monitor ppv throughout the year. Measure and report appropriate departmental KPI s. Manage the Purchasing Staff.
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