Procurement Program Manager

Job Description

Job Description

Monoprice is seeking a Procurement Program Manager to oversee strategic procurement initiatives across multiple product categories. This role involves guiding teams and product managers, managing supplier relationships, negotiating contracts, and ensuring procurement activities are executed efficiently and cost-effectively.

The ideal candidate will have strong leadership skills, experience in managing diverse teams, and the ability to work independently and collaboratively. They should possess excellent analytical and communication skills, thrive in a fast-paced environment, and be adept at both strategic thinking and tactical execution.

Responsibilities

• Lead Strategic Procurement Initiatives : Oversee the sourcing of supplies and negotiation of contracts, ensuring optimal terms to meet the company’s needs and profitability.
• Develop and Implement Supply Chain Strategies : Formulate and implement comprehensive supply chain strategies that drive efficiency, cost savings, and support business growth.
• Manage Complex Logistics Operations : Coordinate all logistics activities, including transportation, warehousing, and distribution, to ensure seamless operations and timely delivery of goods and services.
• Optimize Inventory Management : Maintain optimal inventory levels to minimize stockouts while reducing excess inventory costs.
• Establish Strong Supplier Partnerships : Build solid relationships with key suppliers to ensure reliable supply chains.
• Conduct Supplier Performance Evaluations : Assess supplier performance regularly to ensure compliance with quality standards, delivery schedules, and cost targets.
• Drive Continuous Improvement in Supply Chain Processes : Identify areas for improvement within the supply chain processes; implement changes that enhance efficiency or reduce costs.
• Risk Management : Develop risk management strategies to mitigate potential disruptions in the supply chain and regularly communicate with internally departments to arrange meetings, confirm program / project schedules, and discuss any program problems.
• Program Management Work closely with program sponsors, cross-functional teams, and product managers to develop the scope, deliverables, required resources, work plan, budget, and timing for new initiatives and projects.
• Budgetary Control & Financial Analysis : Prepare budgets for procurement activities; monitor expenditures against budgeted amounts; analyze financial data related to procurement activities.
• Regulatory Compliance & Reporting Requirements Adherence : Ensure all procurement activities comply with relevant regulations; prepare reports as required by regulatory bodies or internal stakeholders.
• Additional Duties Perform other duties related roles responsibilities assigned by management

Qualifications

To perform this job successfully, the employee must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education & Experience

Other Skills & Abilities