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The role of the purchasing manager involves far more than simply managing procurement of the company’s supplies. Purchasing supplies is of course the responsibility of the purchasing manager, but this function requires very focused and comprehensive management of the entire supply chain, from beginning to end. He or she must optimize supplies, and not only in terms of price negotiations. Supplier relationships must be built with a long-term view.

Improvement of deliverables, ensuring compliance with the requirements of all stakeholders, exhaustive knowledge of the economic context, full control of internal logistics, cross-cutting analysis of the needs of various departments, ability to centralize information so that it can be redistributed more effectively and fully meet requirements and deadlines, an overview of the management of flows and stocks, quality control and safety management…

… all of these tasks place the purchasing manager at the center of the company’s operations. At all levels, the optimization of purchasing increases margins and, therefore, profitability, without compromising on the quality of products, as well as internal and external relationships.

This is why it is essential to continuously monitor procurement activities, while systematically assessing and challenging across four areas:

• Costs
• Delay
• Quality
• Contractual Conditions

Here is an example of a Procurement Cockpit:

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