Job Description

Roles & Responsibilities

• Develop and implement procurement strategies that align with the overall business objectives, ensuring cost-effectiveness and quality.
• Conduct market research to identify potential suppliers, evaluating their offerings and capabilities to ensure they meet organizational needs.
• Negotiate contracts and agreements with suppliers, focusing on achieving favorable terms that enhance the company’s position.
• Monitor supplier performance post-contract to ensure compliance with terms, addressing any issues promptly to mitigate risks.
• Collaborate with cross-functional teams, including finance and operations, to forecast procurement needs and align resources effectively.
• Manage the procurement budget, tracking spending and ensuring alignment with financial goals while identifying areas for savings.
• Utilize procurement software to streamline processes, maintain accurate records, and generate reports for decision-making.
• Stay informed about industry trends and regulations that may impact procurement practices, adapting strategies accordingly.
• Lead supplier relationship management initiatives to foster long-term partnerships that drive innovation and efficiency.
• Train and mentor junior procurement staff, developing their skills to enhance the overall performance of the procurement team.

Desired Candidate Profile

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; a master’s degree is preferred.
• Minimum of 5 years of experience in procurement or supply chain management, with a focus on strategic sourcing.
• Professional certifications such as Certified Purchasing Manager (CPM) or Chartered Institute of Procurement & Supply (CIPS) are highly desirable.
• Experience in the relevant industry, demonstrating familiarity with sector-specific procurement challenges and solutions.
• Proven track record of contract negotiation and supplier management, showcasing ability to achieve cost savings and quality improvements.
• Fluency in English is mandatory; additional languages are a plus, especially for organizations with global operations.
• Strong analytical skills, with proficiency in data analysis tools and procurement software to drive informed decision-making.
• Excellent communication and interpersonal skills, able to build rapport with suppliers and internal stakeholders alike.
• Result-oriented mindset with a proactive approach to problem-solving and the ability to adapt to changing circumstances.
• High ethical standards and integrity, ensuring compliance with procurement policies and fostering a culture of transparency.