Manager - Procurement - Bank

Manager Procurement:

Report to : Head Procurement

- Responsible for all purchase and procurement work for the bank.

- Develops, manages, and implements comprehensive strategies that are in alignment with the business objectives to deliver or exceed on agreed savings targets .

- Forges strategic relationships with critical suppliers and utilizes opportunities in the interest of the company and the supplier.

- Prepares, presents and regularly reviews financial budgets and plans of procurement.

- Interacts with various department heads to understand technical requirements and specifications in detail for all contracts.

- Regularly connects with the final buyers of the contract to discuss performance of the vendors against defined SLAs.

- Assists the Head Procurement in planning and budgeting for procurement department. Maintains contact with vendors; updates list of vendors for bidding purposes; attends product demonstrations, obtains samples and literature regarding potential products and vendor capabilities and confers with end users.

- Ensures timely availability of assets and / or services to meet business requirements while ensuring optimum levels of inventory. Minimizes stock outs occurring on account of delays in the procurement process.