Procurement (Supervisor - Manager Level)
About this position
Responsibilities
• 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
Requirements
• 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