Israr Khan Raja’s Post

Purchasing Manager in Supply Chain Management:- * What Does a Purchasing Manager Do? * Purchasing Manager Job Responsibilities: * Basic Soft Skill Sets for a Purchasing Manager * How to Become a Purchasing Manager? Role & Job Responsibilities: Developing Strategies. Reviews and processes Pos Negotiates prices and contracts with suppliers. Builds and maintains relationships with vendors. Selects prospective vendors and negotiates contracts. Evaluates vendors based on quality, timeliness, and price. Schedules deliveries and ensures timely fulfillment of orders. Researches and evaluates vendors to compare pricing and services. Coordinates with fellow managers to monitor inventory and determine supply needs. Ensures quality of procured items and addresses problems when they arise. Keeps up with trends in procurement. Travels to vendor locations. Stays current with purchasing technology trends and oversees purchase and implementation, as necessary. Manages other members of the purchasing team. Maintains records of goods ordered and received. Skills Required:- Financial Management Strong communication skills. Great management skills. Excellent research skills. Interpersonal skills Industry Knowledge Common steps to Become a Purchasing Manager:- 1) Get the experience. Most managers possess a minimum of five years’ worth of experience as an agent or buyer. 2) Get the Degree.Be aware that you may need to return to school in order to be eligible for top-level positions. Employers are increasingly asking for candidates to possess a master’s level qualification. 3) Obtain certifications in supply chain management. There are several recognized qualifications, including (CIPS), (CPSM) (CSCP) (CSCM),CPSM, CPPM, CPP, CSCP, and SPSM. These are some common steps to join Purchasing Field but please a note that there’s no one path to securing this position. Following is a detail video presentation about the role and responsibilities of a Purchasing Manager. https://lnkd.in/dKX5rcpm

Purchasing Manager in Supply Chain Management:- * What Does a Purchasing Manager Do? * Purchasing Manager Job Responsibilities: * Basic Soft Skill Sets for a Purchasing Manager * How to Become a Purchasing Manager? Role & Job Responsibilities: Developing Strategies. Reviews and processes Pos Negotiates prices and contracts with suppliers. Builds and maintains relationships with vendors. Selects prospective vendors and negotiates contracts. Evaluates vendors based on quality, timeliness, and price. Schedules deliveries and ensures timely fulfillment of orders. Researches and evaluates vendors to compare pricing and services. Coordinates with fellow managers to monitor inventory and determine supply needs. Ensures quality of procured items and addresses problems when they arise. Keeps up with trends in procurement. Travels to vendor locations. Stays current with purchasing technology trends and oversees purchase and implementation, as necessary. Manages other members of the purchasing team. Maintains records of goods ordered and received. Skills Required:- Financial Management Strong communication skills. Great management skills. Excellent research skills. Interpersonal skills Industry Knowledge Common steps to Become a Purchasing Manager:- 1) Get the experience. Most managers possess a minimum of five years’ worth of experience as an agent or buyer. 2) Get the Degree.Be aware that you may need to return to school in order to be eligible for top-level positions. Employers are increasingly asking for candidates to possess a master’s level qualification. 3) Obtain certifications in supply chain management. There are several recognized qualifications, including (CIPS), (CPSM) (CSCP) (CSCM),CPSM, CPPM, CPP, CSCP, and SPSM. These are some common steps to join Purchasing Field but please a note that there’s no one path to securing this position. Following is a detail video presentation about the role and responsibilities of a Purchasing Manager. https://lnkd.in/dtjcaYYs

Exciting opportunity alert! Join us as the overseas purchasing and inventory planner. Your role is critical in maintaining the integrity of our manufacturing and procurement process. Responsibilities include managing inventory levels, placing orders with suppliers, overseeing shipments, and coordinating movements within the organization. #InventoryManagement #Procurement #SupplyChain

Ever wondered about the distinction between Procurement and Supply Chain? Let's dive in! 🔍 Procurement: It's the process of sourcing, purchasing, and acquiring goods or services needed by a company. Procurement focuses on finding the right suppliers, negotiating contracts, and ensuring timely delivery of goods or services at the best possible price and quality. 🔄 Supply Chain: This includes the entire flow of goods and services from the point of origin to the end consumer. Supply Chain involves planning, sourcing, manufacturing, logistics, and distribution. It's about optimizing the entire process to ensure efficiency, cost-effectiveness, and customer satisfaction. Procurement focuses on supplier relationships, negotiation, and cost management. Supply Chain, meanwhile, is concerned with the entire journey of a product or service, from raw materials to final delivery. What are your thoughts on these concepts? Share your insights in the comments below! If You're looking for a Procurement Manager, Who can manages Your end to end Process, Reach out to me in DM. #Procurement #SupplyChain #BusinessInsights

A Procurement Officer plays a crucial role in the supply chain management process. Their relationship with the supply chain involves: 1. Sourcing Suppliers: Procurement officers are responsible for identifying and selecting suppliers or vendors to source goods and services from. They establish relationships with these suppliers to ensure a reliable supply. 2. Negotiating Contracts: They negotiate terms and conditions with suppliers, including pricing, delivery schedules, quality standards, and payment terms, to secure the best deals for the organization. 3. Managing Orders: Procurement officers create and manage purchase orders to request and receive supplies, ensuring that they meet the organization's requirements and are delivered on time. 4. Quality Assurance: They work with suppliers to maintain and improve the quality of the supplied products or services, ensuring that they meet the organization's standards. 5. Inventory Management: Procurement officers play a role in inventory management by maintaining appropriate stock levels to meet the organization's demand without excess or shortages. 6. Cost Control: They aim to control costs by optimizing procurement processes, negotiating cost-effective agreements, and reducing wastage in the supply chain. In summary, Procurement Officers are responsible for managing the relationship between the organization and its suppliers to ensure the efficient and cost-effective supply of goods and services. #procurementjobs #procurementcareer #supplychain

A Procurement Officer plays a crucial role in the supply chain management process. Their relationship with the supply chain involves: 1. Sourcing Suppliers: Procurement officers are responsible for identifying and selecting suppliers or vendors to source goods and services from. They establish relationships with these suppliers to ensure a reliable supply. 2. Negotiating Contracts: They negotiate terms and conditions with suppliers, including pricing, delivery schedules, quality standards, and payment terms, to secure the best deals for the organization. 3. Managing Orders: Procurement officers create and manage purchase orders to request and receive supplies, ensuring that they meet the organization's requirements and are delivered on time. 4. Quality Assurance: They work with suppliers to maintain and improve the quality of the supplied products or services, ensuring that they meet the organization's standards. 5. Inventory Management: Procurement officers play a role in inventory management by maintaining appropriate stock levels to meet the organization's demand without excess or shortages. 6. Cost Control: They aim to control costs by optimizing procurement processes, negotiating cost-effective agreements, and reducing wastage in the supply chain. In summary, Procurement Officers are responsible for managing the relationship between the organization and its suppliers to ensure the efficient and cost-effective supply of goods and services. #procurement #procurementjobs #supplychainmgt

What's the difference between Procurement and Logistics.

𝙎𝙘𝙤𝙥𝙚 𝙤𝙛 𝙎𝙪𝙥𝙥𝙡𝙮 𝘾𝙝𝙖𝙞𝙣 𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩, 𝙋𝙧𝙤𝙘𝙪𝙧𝙚𝙢𝙚𝙣𝙩 & 𝙇𝙤𝙜𝙞𝙨𝙩𝙞𝙘𝙨: Supply Chain, Procurement and Logistics staffs are in high demand in the local market as well as International market. As per the International study, over the last 5 years, “Supply Chain graduates placement rates are between 85% to 100% and their salaries are higher than Accounting and Finance”. Procurement is an important function in every business, meaning this crucial role offers great job security and you will be well rewarded. SCM team can become an asset to the company, based on their effective and professional business communication. SCM means accepting the challenges and increasing your knowledge, achievements, and success. Some of the Objectives of a Supply Chain :- 1. Suppliers Relationships Management/ Vendors Management :- Solving supplier’s problems beyond his level to improve the responsiveness and efficiency of overall Supply Chain. 2. Customers Relationship Management :-Customer service performance improvement to increase the sales by satisfying the customer 3. Inventory Control / Management :- Reduction of pre & post production inventory by optimizing the inventory use to improve the responsiveness of supply chain efficiently. 4. Production Management :- Minimizing variance and wastage by means of activities like standardization, variety reduction and quality control to improve cost of production and satisfaction of customers and less returns or customers complaints which result in efficiency of the overall supply chain. 5. Cost Management :- Minimizing total cost of operation & procurement to improve products competitiveness and efficiency of the supply chain. 6. Total Quality Control :- Total Quality control including Product Quantity control improves the efficiencies of supply chain which could result in higher brand or product value and organisation bottom line. 7. Resources Management :- Achieving maximum efficiency in using labour, capital & plant through the company to improve Return on Investment. 8. Planning & Control :- Flexible planning and control procedures to improve supply chain's efficiency and effectiveness.

For those who ask, "What roles do people in Procurement and Supply Management perform after completing their studies and other courses?" Here is the answer discussed with my young, The visionary (P4) Bro 1. Procurement Officer / Specialist / Manager: Responsible for sourcing goods, managing suppliers, negotiating contracts, and ensuring timely procurement. 2. Supply Chain Manager / Specialist: Oversees supply chain processes including inventory management, logistics coordination, and demand forecasting. 3. Purchasing Manager: Focuses on strategic procurement activities and vendor relationships to ensure cost-effective purchasing. 4. Logistics Manager / Coordinator: Manages transportation, distribution, and warehousing for efficient goods delivery. 5. Contract Manager / Specialist: Specializes in drafting, negotiating, and managing contracts with suppliers. 6. Materials Manager / Inventory Controller: Responsible for inventory management and optimizing stock levels. 7. Supplier Relationship Manager: Builds and maintains positive supplier relationships to improve collaboration and service levels. 8. Operations Manager: Oversees overall procurement, supply chain, and production processes for operational efficiency. 9. Consultant in Procurement and Supply Chain: Provides expertise to optimize procurement processes and supply chain operations. 10. Government Procurement Officer / Public Procurement Specialist: Manages procurement activities in compliance with regulations and budgetary requirements. 11. Strategic Sourcing Manager: Focuses on optimizing procurement processes and enhancing supplier relationships. 12. Category Manager: Manages specific categories of goods/services, conducts market analysis, and develops sourcing strategies. 13. Global Sourcing Manager: Manages international sourcing activities, navigates trade regulations, and ensures supply chain resilience. 14. Compliance Manager: Ensures procurement activities comply with legal and regulatory standards. 15. Procurement Analyst: Analyzes procurement data to support decision-making and process optimization. 16. Supplier Diversity Manager: Promotes diversity in procurement practices and manages supplier relationships. 17. E-Procurement Specialist: Manages electronic procurement systems to streamline purchasing processes. 18. Quality Assurance Manager: Ensures purchased products/services meet quality standards through inspections and audits. 19. Inventory Planner: Forecasts demand and optimizes inventory levels to minimize costs. 20. Risk Manager: Identifies and mitigates supply chain risks to ensure operational continuity. These roles encompass diverse responsibilities in procurement and supply management across various industries.