Procurement (Supervisor - Manager Level)
1 month ago
**Job Description**:
- Strategic Procurement Planning: Develop and implement a comprehensive procurement strategy aligned with the company's overall business objectives
- Supplier Relationship Management: Establish and maintain strong relationships with suppliers, ensuring timely delivery, quality standards, and competitive pricing
- Contract Negotiation: Negotiate and manage contracts with suppliers to secure favorable terms and conditions, including pricing, payment terms, and performance metrics
- Cost Reduction: Identify opportunities for cost reduction and implement strategies to optimize procurement spend
- Risk Management: Assess and mitigate procurement risks, including supply chain disruptions, quality issues, and financial risks
- Supplier Performance Evaluation: Establish and monitor key performance indicators (KPIs) to evaluate supplier performance and drive continuous improvement.
- Procurement Systems and Processes: Oversee the procurement process from requisition to payment, including supplier on-boarding, order placement, and invoice processing, and find opportunities for process efficiencies
- Team Management: Lead and develop a team of procurement professionals, providing guidance, training, and mentorship
- Bachelor's Degree in Engineering, Business Management, or related field
- Minimum of 5 years of relevant experience in procurement
- Strong understanding of supply chain principles, including sourcing, negotiation, and contract management
- Broad knowledge of products and services commonly used in the financial and/or information technology sector
- Excellent analytical and problem-solving skills
- Strong communication and interpersonal skills
- Ability to negotiate contracts, terms, and pricing effectively
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