Procurement Manager

About AI71:

AI71 is an industry leader in artificial intelligence, delivering innovative solutions that empower developers, businesses and governments to solve complex challenges. AI71 builds secure, enterprise-ready applications powered by cutting-edge technology—tailored for knowledge workers and sector-specific needs. AI71 bridges the gap between advanced AI and real-world impact. Guided by a strong commitment to research and responsibility, we create transformative solutions that drive progress and empower communities.

The Role:

As Procurement Manager at AI71, you’ll build and lead our procurement function—overseeing sourcing, purchasing, vendor management, and contract negotiations. You'll drive cost-effective, compliant processes in close collaboration with finance, legal, and product teams. We're looking for a hands-on builder who can move fast and deliver results.

What You'll Do:

• Procurement Strategy: Drive agile, cost-effective procurement aligned with business goals and rapid growth.

• Supplier Management: Build scalable vendor partnerships, negotiate favourable terms, and ensure speed and flexibility in onboarding.

• Contract & Compliance: Own contract lifecycle and ensure adherence to policies, regulations, and risk mitigation standards.

• Inventory & Cost Control: Optimize inventory levels, prevent stock issues, and drive cost savings within budget.

• Process Optimization: Automate and streamline procurement workflows to reduce manual effort and improve efficiency.

• Market Intelligence: Track supplier trends and market shifts to inform sourcing and purchasing decisions.

• Collaboration: Partner with finance, legal, and operations to align procurement with business needs and enable smooth execution.

• Reporting & Analysis: Deliver actionable insights via procurement metrics, supplier performance, and cost analyses.

• Team Leadership: Mentor and lead a high-performing team, fostering growth, accountability, and excellence.

What You'll Bring:

• Education: Bachelor’s degree in business, Supply Chain Management, Procurement, or a related field. Certification in procurement (e.g., CIPS, CPSM) is a plus.

• Experience: 6+ years of experience in procurement, purchasing, or supply chain management, with at least 2 years in a managerial or leadership role. Prior experience in a startup or high-growth environment preferred.

• Vendor & Supplier Management: Strong experience in managing supplier relationships and negotiating contracts to achieve favorable terms and pricing.

• Budgeting & Cost Control: Proven ability to manage procurement budgets and control costs while ensuring quality and timely delivery.

• Analytical Skills: Excellent problem-solving and analytical skills to assess supplier performance, market trends, and procurement needs.

• Communication Skills: Strong verbal and written communication skills to effectively negotiate with suppliers and collaborate with internal teams.

• Technology Proficiency: Familiarity with procurement software, ERP systems, and Microsoft Office Suite. Experience with eProcurement tools or systems is a plus