Procurement Manager

Procurement Manager (Equipment)

Summary:

The Procurement Manager (Equipment) oversees the full procurement lifecycle, ensuring cost-effective and timely equipment acquisitions. This role involves vendor selection, contract negotiation, budget management, and inventory tracking to optimize procurement operations. The manager conducts market research, evaluates supplier capabilities, and expands vendor networks to enhance cost efficiency and supply chain resilience. This role also ensures compliance with procurement policies and industry standards while continuously identifying opportunities for process improvement and cost savings.

Responsibilities:

• Oversee the entire procurement lifecycle for equipment, from vendor selection to final delivery, ensuring acquisitions are cost-effective, timely, and aligned with operational demands.
• Conduct market research and assess vendor capabilities to identify, evaluate, and maintain strong supplier relationships that secure competitive pricing and high-quality products.
• Monitor, track, and manage procurement budgets, ensuring spending aligns with company goals while maintaining optimal cost-efficiency and high-quality equipment standards.
• Solicit, review, and negotiate vendor proposals for new store equipment and remodel projects, ensuring all quotes meet pricing, quality, and timeline expectations.
• Continuously identify and onboard new vendors for fixtures and equipment to expand procurement options, enhance supply chain resilience, and improve cost efficiency.
• Support project managers in procurement-related closeout activities, ensuring all required documentation is collected, reviewed, and finalized for project completion.
• Conduct on-site visits to monitor equipment installations, verify compliance with specifications, address procurement-related concerns, and maintain quality assurance.
• Assist the maintenance team with equipment lifecycle tracking, including warranty management, service contracts, and vendor coordination for repairs and replacements.
• Prepare and manage purchase orders, ensuring contract terms are reviewed and all procurement transactions adhere to company policies and industry best practices.
• Maintain real-time inventory tracking of equipment, collaborating with internal teams to prevent stock shortages, excess inventory, or supply chain disruptions.
• Ensure compliance with procurement policies, safety regulations, and industry standards to mitigate risks and maintain operational integrity.
• Analyze procurement processes for inefficiencies, implementing improvements that enhance cost savings, streamline operations, and optimize equipment sourcing strategies.
• Perform other duties as assigned by management.

Qualifications:

• A Bachelor’s degree in Supply Chain Management, Business Administration, Procurement or a related field is required.
• 5+ years of experience in procurement, purchasing, or supply chain management, with a strong emphasis on equipment sourcing and vendor management.
• Proficiency in procurement and inventory systems, with the ability to analyze data and improve purchasing decisions.
• Solid understanding of procurement strategies, including cost analysis, budgeting, and sourcing optimization for cost savings.
• Strong negotiation skills with experience in securing competitive pricing, managing vendor contracts, and building supplier relationships.
• Analytical and research skills to assess market trends and identify cost-effective procurement solutions.
• Strong attention to detail in purchase tracking, contract management, and deliveries.
• Effective communicator, skilled in vendor negotiations, cross-functional collaboration, and stakeholder coordination.
• Ability to manage multiple projects, prioritize tasks, and adapt to changing business needs.
• Authorized to work in the United States without sponsorship.

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