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Procurement Manager Resume Samples
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0-5 years of experience
Drove increases in revenue and margin while delivering on quality, price, process and efficiency. Managed company’s procurement and strategic sourcing with over $40 million in spend. Negotiated with suppliers, built and led teams and ensured consolidation and leverage of purchases throughout the company.
- Sourced parts for a newly acquired mobile business unit with a substancial revenue increase of $200M in less than one year.
- Lowered materials cost for refurbishment center by 30% which netted the company more than $7.25M in 20 months.
- Consolidated supplier base by 30% through the elimination of subpar suppliers while improving total cost and efficiencies.
- Collaborated with IT to transition purchasing/inventory management system from an outdated custom system to Microsoft Dynamics.
- Reduced active inventory by 11% by implementing collarative planning with Sales, Manufacturing and Procurement.
- Helped merchandizing team lower costs by introducing new supplier in China, eliminating third party involvement and lowering cost by more than 35%.
- Generated $500,000 for bottom line by selling old parts sitting in warehouse for over five years.
0-5 years of experience
Conducted Corrugated RFQ and led negotiation team through a successful negotiation for a new packaging contract that delivered 12% ($434K) annual savings for three distribution facilities
- Responsible for sourcing supplies, forecasting inventory requirements, assessing risk, and daily operation of Store Supplies program for a 1000+ store North American specialty retailer
- Maintain strong vendor relationships, achieved cost savings, and negotiated contracts for key categories: Packaging (7%), Hangers (10%), Janitorial Supplies (12%), and Acrylics (15%)
- Identified areas to cut cost by analyzing impact of removing SKU’s as well as evaluating shipping direct vs. stocking inventory
- Implemented Oracle Procurement reporting tools and developed user requirements to IT for new corporation wide MRP system
- Brought leadership to the procurement department and motivated staff to achieve maximum performance and efficiency
0-5 years of experience
Lumbal handles the wholesale of Electrical and Electronic Products in Australia and overseas.
- Successfully implemented procurement and logistics of the Chinese and Australian made electrical and electronic products for the Australian market.
- Aggressively worked to achieve significant cost savings through sourcing new suppliers and negotiating with the existing. Sales of our product increased by over 30% due to lower COGs.
- Ensured on time delivery and improved purchasing quality through setting up the quality check procedures for the suppliers and personal on site checking.
- Cultivated solid business relationship with different suppliers that enabled us to receive deferred payment terms from them.
0-5 years of experience
Created and implemented a Purchasing Plan for 15 cities that streamlined and standardized all procurement procedures.
- Presented methods and outcomes to executive management, while training 6 business partners and 12 lower level management groups on implementation of those processes and procedures dealing with procurement.
- Established a credit line with Citi Bank, which helped create market accounts to better secure materials through vendors.
- Identified and quickly resolved logistical complications and supply chain shortages.
- Worked regularly with the CEO and CFO to discuss and implement cost savings and operational improvements.
- Negotiated contracts and maintained relationships with various vendors to achieve an overall average cost savings of 23% annually on accounts upward of $10M.
- Utilized ERP system reports, Microsoft Excel, and pivot tables to analyze problem areas and create solutions.
- Mediated between vendors, markets, and the accounts payable manager to quickly resolve incorrect invoicing.
0-5 years of experience
Executed domestic and global sourcing activities for industrial and electro-mechanical components to support manufacturing and power plant installation projects for US and EMEA locations. Identified, selected and implemented direct, indirect and MRO suppliers while sustaining ISO requirements and environmental stewardship responsibilities. Analyzed, negotiated and awarded supply and service agreements to meet BOM cost targets and corporate budgets. Performed formal RFQ/RFP activities to provide market-benchmarking analytics to accomplish lowest total cost of ownership. Lead, organized and facilitated business development and roadmap discussions with key internal stakeholders, external partners and suppliers. Managed Joint Venture (JV) company production startup and capacity planning activities. Directed procurement priority projects and administered division Travel Program. Served as the key liaison to source and negotiate IT hardware, software and service agreements, partnering with suppliers such as Dell, IBM, Oracle and TW Telecom for network acquisition, implementation and Disaster Recovery measures.
- Intimately controlled Joint Venture (JV) activities to sustain lean manufacturing, maximum production output and profitability.
- Sourced, qualified and implemented strategic aluminum extrusion and glass partners, harmonizing global pricing for both North America & EMEA manufacturing plants.
- Co-selected, implemented and deployed compressed gases suppliers, securing long-term supply and achieving 20 – 25% annual savings.
- Established multiple MRO suppliers, providing over $200K in cost avoidance for a state-of-the-art CPV solar module manufacturing facility.
- Negotiated various supply and service agreements, delivering balanced commercial terms & conditions and favorable payment terms.
0-5 years of experience
- Managed the largest procurement group in Aero-Electrical with ~ $180M annual spend for both commercial and government requirements with a team of 6 to 12 buyers across multiple locations.
- Improved weekly past due On Time To Request (OTTR) dollars from 9 DOS to 2 DOS, representing a $5M improvement over the last 12 months.
- Implemented Six Sigma tools to improve performance resulting in reduced excess inventory by $8M / 3 to 4 DOS.
- Interfaced with cross-functional groups, including engineering, integrated supply chain, sales, contracts, legal, program planning and control, compliance, and product support.
- Resolution of customer issues resulting in increased customer satisfaction across both internal and external [company name] customers.
- Managed functional responsibilities in support of SIOP process which improved supplier performance, reduced inventory and improved customer On Time To Request (OTTR) to 92%.
0-5 years of experience
[company name] is a multi-national manufacturing company servicing the mining, aerospace, and additive chemical industries, with a deep commitment to product innovation and the highest level of customer technological support.
- Organized and managed Cytec’s global tolling and third party manufacturing operations while leading the sourcing and procurement operations for all direct materials in the mining and phosphine businesses
- Led the global cross functional management team defining third party manufacturing operations, safety, health, and environmental standards
- Defined and implemented risk review and Management of Change programs for more than 100 external manufacturing operations
- Coordinated procurement and sourcing initiatives for 16 new product introductions and 8 in second stage development
- Created strategic procurement plans for five business units: Alumina, Mineral Extraction, Frothers, Mineral Processing and Phosphines
- Savings exceeding $2 million.
0-5 years of experience
Managed procurement of all merchandise from China for $5M wholesale distributer of ceramics and glassware.
- Coordinated shipment of key account orders ensuring full compliance with vendor requirements and timely delivery to such customers as TJMaxx/Homegoods, Ross Department Stores, Cracker Barrel and LTD.
- Developed and maintained relationships with eight different Chinese agents/mills, serving as the primary contact for price negotiations, ship dates, packaging requirements, BV testing requirements and all customer compliance issues.
- Served as freight forwarders primary contact for import documentation and container tracking.
- Monitored and maintained local inventory levels.
6-10 years of experience
Promoted within 1 year to Manager of 6 Buyers supporting 3 business units to procure approximately $200 Million in materials, equipment, construction, telecommunications, satellite equipment, space segment and professional services from qualified global suppliers.
- Managed the reporting for weekly, monthly and yearly metrics to track key data used for trending, analysis and monthly scorecarding.
- Assisted the business units in troubleshooting, researching and resolving any issues pertaining to their requirements.
- Provided proposal support for the Business Development group for various contract types such as Time and Material, Fixed Price, Labor Hour, Cost Plus Fixed Fee, etc.
- Negotiated terms and conditions favorable considering quality, delivery and price. Conduct a price analysis on all vendor quotes and services to determine most desirable and cost effective suppliers. This resulted in savings of approximately 20-50% or more.
- Train new Buyers/Sub-Contract Administrators on Procurement processes, Deltek Costpoint
- Cradle to grave supply chain for the purchase of materials, equipment and services for Commercial and Government programs in accordance with prime contracts. Knowledge of FAR/DFAR Regulations.
- Files maintained in accordance with company policies and procedures. The team received bonuses and congratulations from the company President for successfully passing the Government Contractor Purchasing System Review (CPSR) audit.
- Initiated Requests for Proposals (RFPs), reviewed and evaluated proposals, negotiated pricing and terms and conditions.
- Issued purchase orders using Deltek Costpoint
- Services procured: integrated logistics support services, training services, and a variety of DOD-related services in support of the war efforts in Iraq, Kuwait, and Afghanistan.
- Products procured: included a wide variety of telecommunication hardware, military radios, telecommunications/satellite equipment and Satellite Space segment, and professional services.
Procurement Manager Duties and Responsibilities
While a procurement manager’s day-to-day responsibilities are determined by where they work, there are many core tasks associated with the role. Based on our analysis of job listings, these include:
Lead a Team of Purchasing Agents Procurement managers lead a team of purchasing agents, advising them how to evaluate and select reliable vendors and suppliers. As a part of this responsibility, procurement managers also deescalate conflict between team members and provide feedback on job performance.
Negotiate Supplier Contracts Procurement managers are responsible for negotiating contracts with the vendors and suppliers that their team of purchasing agents finds. They evaluate contracts and offers and make counter offers as necessary.
Monitor Purchasing Reports Procurement managers monitor the purchasing reports for all the agreements they have with suppliers and vendors. They monitor what the company is purchasing and how the company is spending its money. They also make reports to upper management in efforts to use money in the most efficient way possible.
Train New Purchasing Agents Procurement managers are responsible for hiring and training new purchasing agents and buyers. This includes teaching them how to evaluate vendors and suppliers and recognize when one is reliable.
Procurement Manager Skills and Qualifications
Procurement managers are analytic and pay close attention to details. Successful candidates have at least five years of experiencing in a procurement role, and most employers look for candidates who also possess the following skills and qualifications:
- Math and finance knowledge – procurement managers are good at basic math and are familiar with financial fundamentals. They can quickly analyze costs and merchandise reports to make purchasing decisions
- Procurement experience – procurement managers should have a good background in procurement, either as a purchasing agent or buyer. This experience provides the procurement manager with the skills necessary for success
- Negotiation – procurement managers are skilled negotiators who know their way around a purchasing agreement. They can negotiate with potential vendors and suppliers to create a mutually beneficial agreement
- Attention to detail – procurement managers are very analytical, and they pay close attention to details. They can catch even the smallest mistakes and correct them quickly
- Communication skills – procurement managers are skilled communicators, especially since they constantly correspond with people on both ends of the equation
Procurement Manager Education and Training
Most successful procurement managers possess at least a bachelor’s degree in a business-related field, such as business management or contract management and procurement. Those with advanced degrees tend to be more successful in gaining promotions. Procurement managers also receive on-the-job training when hired to get caught up to speed with their employer’s current list of suppliers and vendors. This training is also used to introduce the procurement manager to the team of purchasing agents and their preferred methods of finding new vendors and suppliers.
Procurement Manager Salary and Outlook
According to the Bureau of Labor Statistics (BLS), procurement managers – also listed as purchasing managers – make a median annual salary of around $115,000. This salary can vary depending on experience and previous accomplishments. Those in the top 10 percent of the industry make upwards of $182,000 per year, while those in the lowest 10 percent usually make around $66,000 per year. Procurement managers typically also receive comprehensive benefits packages that often include plenty of vacation time, generous health plans, and performance bonuses. The BLS reports that the procurement manager position may decline as much as 3 percent over the next 10 years. As technology continues to advance, procurement roles are slowly becoming less common due to automation. In today’s world, it’s cheaper and oftentimes more efficient to let the computer handle most of the procurement process.
Helpful Resources
Read through some of these helpful resources to learn more about the role of a procurement manager and the industry as a whole:
Supply Chain Digital – this website focuses on anything and everything to do with supply chain management, ranging from logistics to procurement. You can filter by procurement topics specifically to read informative articles about things like the ways drones will affect procurement processes and how technology is changing the industry at a rapid pace
Procurement Professionals – this LinkedIn group boasts a ton of active members – almost 400,000 in total! If you’re looking to connect directly with industry professionals, this is a great place to start. It’s also a great place to find new job opportunities or to just ask questions to learn more about the industry and role of a procurement manager
The Procurement and Supply Manager’s Desk Reference – this book covers a huge range of topics in the procurement and supply chain industry, allowing procurement managers and other supply chain professionals to easily find the information they need to perform their jobs. It covers topics like how to select suppliers, drive continuous improvement, and identify better strategies for your company
Procurement, Principles and Management – this textbook was made for students but is often used by practicing procurement managers too. It helps students and professionals alike learn the ropes when it comes to procurement by covering topics such as contract law and negotiation, risk, culture, and more
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Last edited by: Gabriela Barcenas, CPRW, Content Writer II -
Gabriela Barcenas
CPRW, Content Writer IIGabriela is a Certified Professional Resume Writer (CPRW) and career adviser. With 10 years of digital media experience and five years of resume writing expertise, her publication history includes fashion, education, travel, social justice, equitable design and career advice.
