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Job vacancy Procurement Officer
Procurement Officer
· Identify potential suppliers and vendors through market research, supplier evaluations, and networking.
· Evaluate supplier capabilities, pricing, and quality to select the best suppliers for goods and services.
· Negotiate contracts, terms, and pricing agreements with suppliers to ensure favorable terms and conditions.
· Collaborate with internal departments to assess their procurement needs and develop purchase plans.
· Determine quantity requirements, delivery schedules, and budget constraints for procurement activities.
· Forecast demand for goods and services to ensure timely availability and optimal inventory levels.
· Manage the end-to-end procurement process, including requisitioning, sourcing, purchasing, and receiving.
· Create and issue purchase orders to suppliers, ensuring accuracy and compliance with organizational policies and procedures.
· Monitor order status, track deliveries, and resolve any discrepancies or delays with suppliers.
· Supplier Relationship Management:
· Cultivate and maintain strong relationships with key suppliers and vendors.
· Address supplier performance issues, resolve disputes, and escalate issues as necessary.
· Collaborate with suppliers to improve product quality, reduce costs, and optimize supply chain efficiency.
· Review and negotiate contracts and agreements with suppliers, ensuring compliance with legal and regulatory requirements.
· Monitor contract performance and adherence to terms and conditions, and enforce contract compliance as needed.
· Renew contracts, renegotiate terms, and manage contract extensions or terminations as necessary.
· Monitor procurement expenses and analyze spending trends to identify cost-saving opportunities.
· Develop and implement cost-control measures to optimize procurement processes and reduce expenses.
· Prepare budget forecasts and reports on procurement activities for management review.
· Ensure compliance with procurement policies, procedures, and regulations.
· Conduct risk assessments of suppliers and vendors to mitigate supply chain risks.
· Stay abreast of changes in regulations and industry standards, and implement policies and procedures to maintain compliance.
Key Requirements Skills, experience and qualification
· Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
· 3years of experience in procurement, purchasing, or supply chain management roles.
· Proficiency in procurement software and ERP systems for purchase order management and supplier relationship management.
· Strong negotiation skills and knowledge of procurement best practices.
· Excellent analytical and problem-solving skills for assessing supplier capabilities, evaluating bids, and making procurement decisions.
· Ability to analyze data and financial information to support procurement planning and decision-making.
· Strong written and verbal communication skills for interacting with internal stakeholders, suppliers, and vendors.
· Ability to communicate effectively across different levels of the organization and with external partners.
· Excellent organizational and time management skills to manage multiple procurement projects and deadlines simultaneously.
· Attention to detail and accuracy in procurement documentation and record-keeping.
· Strong negotiation skills and the ability to drive favorable terms and pricing agreements with suppliers and vendors.
· Experience in contract negotiation and supplier relationship management.
· Ability to identify procurement challenges, develop creative solutions, and resolve issues effectively.
· Proactive approach to addressing procurement issues and driving process improvements.
· Muslims are encouraged to apply for balance and diversity in the company
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