Procurement Manager

DHD Consulting

  • New Jersey
  • 26 days ago

    Highlights

    Enhance the management of existing suppliers (vendor sourcing group management, vendor pool updates & cleansing, service quality related KPI management, etc.). - Conduct market research, manage sourcing groups (vendor pool), and issue strategic reports for each sourcing group.

    Numbers & Facts

    LocationNew Jersey
    Websitehttps://www.careerdhd.com

    Description

    1. Procurement Planning & Strategy Development
    - Develop and implement purchasing strategies aligned with the purchasing policies of
    headquarter.
    - Create and execute purchasing strategies aimed at optimizing costs and operation efficiency.
    - Forecast demand and align procurement activities with logistics needs.
    - Actively collaborate with relevant department including headquarters procurement planning
    team and adhere to the established reporting structure.
    - Conduct market research, manage sourcing groups (vendor pool), and issue strategic reports for each sourcing group.


    2. Establishment and Management of Supplier Operations Structure
    - Identify, evaluate, and select reliable new suppliers for logistics-related purchasing.
    - Enhance the management of existing suppliers (vendor sourcing group management, vendor pool updates & cleansing, service quality related KPI management, etc.).
    - Lead bidding processes and negotiations to reduce costs and improve service quality.
    - Maintain strong relationships with vendors to ensure on-time delivery and resolve business
    issues.
    - Publish profiles of key vendors, identify top-performing vendors, and optimize the vendor pool.
    3. Cost Management and Budget Control
    -
    Monitor and manage procurement costs while maintaining service quality standards.
    - Develop cost-saving initiatives and evaluate procurement performance.
    - Ensure Compliance with budget control and Payment Terms


    4. Purchase Order & Inventory Management
    - Manage the purchasing process, including purchase order, approval and execution.
    - Monitor inventory of logistics materials (e.g., packaging materials, warehouse supplies)
    - Coordinate with warehouse teams to optimize stock levels and prevent shortages.


    5. Compliance & Risk Management
    - Ensure procurement activities comply with company policies and legal regulations.
    - Assess and mitigate risks related to supplier reliability, contract terms, and market fluctuations.
    - Supervise documents, records, for Jeong-Do Management(Audit, Compliance, and Other
    Related Activities) and verify compliance with internal regulations.


    6. Performance Monitoring & Reporting
    - Track supplier performance and resolve issues related to quality or delivery delays.
    - Publish reports on procurement efficiency, cost savings, and vendor evaluations.
    - Recommend improvements to enhance procurement processes and supply chain resilience.

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