Procurement Manager at Lily Hospitals Limited

Responsibilities

• Develop and implement strategic sourcing plans to ensure the availability of high-quality materials and services.
• Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships with key vendors.
• Analyze market trends and pricing to make informed purchasing decisions that contribute to cost savings.
• Implement cost-effective procurement strategies without compromising quality or service.
• Manage relationships with existing suppliers, monitor performance, and address any issues promptly.
• Identify and onboard new suppliers, conducting thorough assessments to ensure alignment with company standards.
• Lead contract negotiations and review terms and conditions to secure favorable agreements.
• Collaborate with legal and other relevant departments to ensure contract compliance.
• Evaluate and mitigate risks associated with the procurement process.
• Stay informed about industry regulations and compliance requirements.
• Supervise and mentor the procurement team, fostering a culture of continuous improvement and collaboration.
• Provide training and development opportunities for team members.

Qualifications

• Bachelor's Degree in Business, Supply Chain Management, or a related field. Master's degree is a plus.
• Must have 3-6 years experience
• Proven experience as a Procurement Manager or in the health care industry.
• Strong negotiation and communication skills.
• In-depth knowledge of procurement regulations and best practices.
• Excellent leadership and team management abilities.