Procurement Strategist for Supply Chain Excellence
3 days ago
Job Overview:
The Procurement Officer plays a crucial role in enhancing the efficiency and effectiveness of procurement strategies, ensuring compliance with regulatory requirements, and fostering relationships with suppliers.
Main Responsibilities:
- Develop and implement procurement strategies that align with the organization's objectives.
- Manage the end-to-end procurement process, including sourcing, negotiating, contracting, and purchasing goods and services.
- Create and maintain relationships with suppliers to secure favorable terms and ensure quality delivery.
- Conduct market research to identify potential suppliers and analyze market trends to inform purchasing decisions.
- Ensure compliance with procurement policies and regulatory requirements, maintaining transparency and accountability in all procurement activities.
- Monitor and evaluate supplier performance, addressing any issues as they arise to maintain high standards of service delivery.
- Prepare and maintain detailed procurement records, reports, and documentation to provide insights and facilitate audits.
- Collaborate with internal departments to assist in defining procurement needs and ensuring alignment with broader organizational goals.
- Participate in budget planning and forecasting to ensure that procurement activities remain within financial limits.
Educational Background:
A bachelor's degree in Business Administration, Supply Chain Management, or a related field is required. Strong knowledge of procurement processes and supply chain management principles is also essential.
Key Skills:
- Excellent negotiation and communication skills, with the ability to build relationships with various stakeholders.
- Proficiency in Microsoft Office Suite and procurement software.
- Attention to detail and strong organizational skills.
Desired Experience:
A minimum of 5 years of experience in a procurement role, preferably within a similar industry, is desired. Demonstrated experience in vendor management and negotiating contracts is also highly valued.
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