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Sourcing Manager
2 months ago
This role will be responsible in strategically overseeing the procurement process for equipment and services necessary for capital projects. This pivotal role entails the development of procurement strategies, contract negotiations, cost-effectiveness management, and collaboration with various stakeholders to bolster construction and capital investment endeavours.
Key Accountabilities
Undertake supplier negotiations, recommend supplier selections and implement contracts designed to encourage continual improvement.
Effectively engage with internal stakeholders on a regular basis to plan and prioritize purchasing activities.
Set SMART objectives for the team and provide regular and objective feedback on the performance.
Utilise cost management techniques and initiatives, and drive cost saving strategic initiatives to ensure that EKFC achieves best value
Engage with Business and negotiate contractual arrangements with suppliers to ensure that value for money and excellent service levels are maintained and optimised.
Maximise profit by tendering contracts and meeting with suppliers to negotiate the best terms of contract
Research and implement new concepts and innovative products / methodologies to enhance sourcing performance.
Track and report on category spend, savings and general performance
Identify opportunities and implement actions to achieve efficiencies.
Forecast price and market trends to identify changes of balance in buyer-supplier power
Develop and maintain supplier relationships to ensure EKFC is a client of choice that receives continuous business improvement opportunities.
Actively monitor external business environment and be fully aware of the changes in the inflationary and purchasing environment for categories under management
Implement negotiation strategies and close deals with optimal terms
Execute sourcing strategies and regularly update/maintain business suppliers* database to ensure data on suppliers is easily stored, accessed and retrieved.
Perform cost and scenario analysis, and benchmarking
Monitor and forecast upcoming levels of demand and ensure plans are set in advance to manage these timely and as per requirements
Undertake supply chain risk assessment and mitigation planning exercises for all critical categories
Partner with stakeholders to ensure clear requirements documentation
Track order acknowledgement, prepare and communicate shortage and backlog reports, and provide visibility of potential interruptions to internal customers.
Execute the monitoring of performance of key suppliers, facilitate regular performance reviews with stakeholders in order to assess value and quality of supplier services / products and inform decision-making on future collaborations.
Ensure compliance to all Health and Safety policies through correct identification of health and safety requirements in business requirements and contract documents.
Comply with all relevant quality, health, safety and environmental management policies, procedures and controls across all spend responsibility to guarantee employee safety, delivery of high quality products/ service and a responsible environmental attitude.
Essential Requirements and Competencies
**Qualifications**:
Bachelor*s Degree.
Industry qualified within procurement profession preferred (MCIPS or equivalent)
**Experience**:
At least 5 years of experience in a relevant field
Previous experience working in a Procurement / category management position.
Technical knowledge of engineering, equipment, services, construction and related categories preferred.
Working knowledge of ERP Systems such as Oracle and SAP.
Familiarity with sourcing and effective contract management
Knowledge of contractual terms and conditions.
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