PURCHASING MANAGER

Responsible for overseeing the procurement process, including identifying suppliers, negotiating contracts, and managing inventory levels. Must have a proven track record of managing a large volume of suppliers, negotiating terms, and optimizing inventory levels to maximize profitability.

JOB DESCRIPTION

PURCHASING MANAGER

Company Overview:

Innovative Systems Limited (ISL), is a national retailer providing a wide range of IT products and accessories, as well as office and school supplies. Our stores also include a full-service document centre providing a vast range of document handling services through what we have branded as the “Innovative Biz Centre”. The company was founded in 1987 and was acquired by Growth Tech Limited in April 2022.

Job Summary:

The Purchasing Manager will be responsible for overseeing the procurement process, including identifying suppliers, negotiating contracts, and managing inventory levels. The ideal candidate will have a proven track record of managing a large volume of suppliers, negotiating favourable terms, and optimizing inventory levels to maximize profitability.

Responsibilities:

• Develop and implement procurement strategies to ensure a reliable and cost-effective supply of products.
• Identify, evaluate, and select suppliers based on quality, delivery, price, and other relevant criteria.
• Negotiate contracts, pricing, and terms with suppliers to ensure competitive pricing and favourable terms.
• Develop and maintain positive relationships with suppliers, ensuring that they meet or exceed service level expectations.
• Monitor inventory levels, forecast demand, and coordinate with sales and marketing teams to ensure optimal inventory levels.
• Analyse market trends, monitor competitor activity, and make recommendations to management on sourcing and pricing strategies.
• Ensure compliance with company policies and procedures, including ethical and sustainable sourcing practices.
• Develop and manage budgets, forecasts, and cost-saving initiatives to improve profitability.

 Qualifications & Experience:

• University degree or diploma in Business Administration or related field
• Minimum of 7 years of experience in purchasing, procurement, or supply chain management, with a proven track record of success.
• Strong negotiation skills and experience in negotiating favourable contracts, pricing, and terms with suppliers.
• Exceptional analytical and problem-solving skills, with the ability to analyse complex data and make informed decisions.
• Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships with suppliers and internal teams.
• Highly organized and detail-oriented, with the ability to manage multiple projects and priorities.
• Proficient in Microsoft Office and inventory management software.