Job vacancy Procurement Officer

·         Procurement Strategy: Participate in the preparation of the annual procurement plan. Ensure the procurement strategy is aligned with the company's objectives, including defining sourcing approaches, supplier selection criteria, and cost-saving initiatives.

·         Supplier Management: Identify, evaluate, and select suppliers based on quality, pricing, delivery, and other relevant criteria. Maintain strong relationships with key suppliers, monitor their performance, and address any issues or concerns.

·         Contract Negotiation: Negotiate and finalize contracts with suppliers, ensuring favorable terms and conditions that mitigate risks, protect the company's interests, and comply with regulatory requirements.

·         Purchase Requisition Processing: Review and approve purchase requisitions, ensuring accuracy, adherence to budgetary guidelines, and compliance with procurement policies and procedures.

·         Purchase Order Management: Generate and manage purchase orders, track deliveries, resolve discrepancies, and ensure timely receipt of goods and services.

·         Cost Control: Monitor and control procurement costs, identify opportunities for cost savings, and implement strategies to optimize procurement spend.

·         Compliance and Risk Management: Ensure compliance with internal policies, legal requirements, and ethical standards in all procurement activities. Conduct risk assessments and implement appropriate measures to mitigate procurement-related risks.

·         Supplier Performance Evaluation: Establish key performance indicators (KPIs) and conduct regular supplier performance evaluations to drive continuous improvement and maintain a high level of supplier performance.

·         Process Improvement: Continuously review and enhance procurement processes, systems, and procedures to increase efficiency, streamline workflows, and improve overall procurement operations.

·         Reporting and Analysis: Prepare and present reports on procurement activities, including spend analysis, cost savings, supplier performance, and compliance metrics.

·         Preparation and/or endorsement of the tender strategy proposal, bids opening, bids evaluation, asset disposal, and order award proposals, including communication of results from bids and undertaking negotiations where required.

·         Organize travel logistics as per the company travel policy.

·         Manage the coordination of the disposal of obsolete goods.

Key Requirements Skills, experience and qualification

·         Bachelor’s degree in Supply Chain Management, Finance, Business Administration or any other related field.

·         IT proficiency (especially excellent command in MS Word, Excel, PowerPoint and Outlook)

·         Professional certifications in Procurement (e.g., CIPS, CPSM) would be an added advantage.

·         Strategic Thinking: Ability to develop and execute procurement strategies aligned with business goals.

·         Negotiation Skills: Proficiency in negotiating contracts, terms, and pricing with suppliers.

·         Supplier Relationship Management: Strong relationship-building and communication skills to foster productive partnerships with suppliers.

·         Analytical Thinking: Capacity to analyze data, identify trends, and make data-driven decisions to optimize procurement activities

·         Attention to Detail: Thoroughness in reviewing contracts, purchase orders, and other procurement-related

·         documents to ensure accuracy and compliance.

·         Problem Solving: Ability to identify and address procurement-related challenges and find effective solutions.

·         Financial Acumen: Understanding of financial principles and cost analysis to control procurement spend and identify cost-saving opportunities.

·         Stakeholder Management: Excellent interpersonal skills to collaborate with internal stakeholders across various departments and level.