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A procurement manager is responsible for the purchasing of goods and services from external sources. They oversee all aspects of the procurement process, including researching potential vendors, negotiating prices, selecting suppliers, issuing purchase orders and managing contracts. They also ensure that purchases are made in accordance with organizational policies and procedures. The job requires knowledge of various kinds of products and services as well as an understanding of vendor relations. In addition to these duties, a procurement manager may be responsible for developing strategies to reduce costs and streamline processes while maintaining quality standards set by the organization. Procurement managers typically work closely with other departments such as finance or operations to ensure that purchases meet their requirements in terms of cost-effectiveness, timeliness deliveryand quality control. It is important they remain aware at all times on industry trends which could positively or negatively impact pricing agreements with existing vendors; this will help them keep track over overall expenses within an organization’s budget limits. Furthermore communication skills are essential when dealing with colleagues or stakeholders regarding questions about orders placed or requests for additional information required by vendors prior processing any payments In conclusion a Procurement Manager should have excellent analytical skills combined with creative problem solving abilities that can quickly identify areas where costs may be reduced without compromising service levels . They must hold strong leadership qualities in order lead other staff members who handle specific parts involved in the entire sourcing process