Procurement Manager

The Role:

Oversee the procurement process and play a critical role in ensuring high-quality products and services while optimising costs and maintaining excellent supplier relationships. They will also play a key role in ensuring that we have adequate stock levels in the Salons/Spas and the central warehouse to balance the day-to-day requirements of the business with an efficient use of working capital.

• Responsibilities:
• Procurement Strategy Development: Develop and implement a comprehensive procurement strategy that aligns with the company's business goals and supports the growth of our business. Analyzing & updating the re-order levels for retail & consumable products based on consumption and ensuring 100% alignment on the same on stock orders.
• Responsible for order reviews & stock ordering based on re-order levels determined.
• Supplier identification and selection: Identify, evaluate, and select suppliers that can provide high-quality products, equipment, and services necessary for the smooth operation of the clinics.
• Vendor Contracting: Negotiate and establish favorable terms and conditions with suppliers, ensuring cost-effectiveness, quality assurance, and timely delivery.
• Price Negotiation: Utilize strong negotiation skills to obtain competitive pricing for products and services without compromising on quality.
• Vendor Development: Collaborate with the management team to identify new opportunities for business growth and expansion, including identifying potential vendors and products that align with our brand and services.
• Audit and Compliance: Will be responsible for stock auditing and reconciling the same in the system. Keeping track of the stock movement across outlets. Conduct regular audits to monitor supplier performance and compliance.
• Inventory Management: Collaborate with the inventory team to optimise inventory levels, minimise stockouts, and reduce excess inventory holding costs.
• Market Research: Stay up-to-date with industry trends and changes in the market to make informed procurement decisions and capitalise on new opportunities.