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Procurement Buyer
1 week ago
The role sits within the SupplyManagement Department under Corporate Services and reports directlyto the Senior Category Specialist.
We are looking for a passionateProcurement Buyer with a stronginterest in optimizing procurement processes and supportingcategory management activities. You should also have experience instrategic sourcing, supplier negotiations, and proficiency in ERPsystems like Oracle.
KeyResponsibilities:
- Assist in executing category sourcinginitiatives by gathering supply market data, preparing procurementdocuments, and managing suppliercommunications.
- Manage tactical sourcing andspot-buy activities, ensuring compliance with procurement policiesand timely delivery.
- Evaluate suppliers,conduct negotiations, and recommend the best options based onvalue, quality, and service.
- Facilitatecontract setups and complex purchase orders for strategic sourcingprojects.
- Monitor procurement activities toensure alignment with budgetary and operationalgoals.
- Collaborate with internal stakeholdersto understand procurement requirements and develop sourcingstrategies that meet businessobjectives.
- Analyze procurement data toidentify cost-saving opportunities and improve supplierperformance.
- Ensure accurate documentation andreporting of procurement activities to support audits andcompliance reviews.
- Support continuousimprovement initiatives to enhance procurement processes, tools,and systems.
Knowledge, Skills &Experience:
- Bachelor's degree in BusinessAdministration, Supply Chain Management, Procurement, or a relatedfield.
- 3-5 years of relevant experience inprocurement or category management, with 6 months to 3 years ofspecialized experience.
- Proficiency in ERPsystems (preferably Oracle) and advanced Excelskills.
- Strong negotiation, analytical, andcommunication skills.
- Knowledge ofindustry-specific procurement practices is anadvantage.
.NegotiationSkills
- Ability tonegotiate effectively with suppliers and vendors to obtain the bestprices, terms, and conditions.
- Strongcommunication skills to ensure that both parties reach mutuallybeneficial agreements.
- Handling priceadjustments, discounts, and contract terms while ensuring value formoney.
2. Supply ChainManagement
- Understandingthe supply chain process and how procurement fits into the broaderlogistics, manufacturing, and inventory managementsystems.
- Coordinating with logistics andinventory teams to ensure timely delivery and stocklevels.
- Ability to anticipate market trends anddisruptions to ensure the smooth flow of goods andservices.
3. MarketResearch andAnalysis
- Researchingpotential suppliers, assessing their reliability, and evaluatingtheir financial stability and productquality.
- Analyzing market trends, prices, andnew products to ensure competitive sourcingdecisions.
- Keeping up to date with industrydevelopments and technological advancements that may affectprocurement strategies.
4.Cost Management andBudgeting
- Creating andmanaging procurement budgets, ensuring that purchases align withorganizational financialconstraints.
- Identifying cost-savingopportunities while ensuring quality is notcompromised.
- Managing supplier payments,invoicing, and keeping procurement costs within setlimits.
5. VendorRelationshipManagement
- Building andmaintaining strong relationships with suppliers, fosteringcollaboration and long-termpartnerships.
- Ensuring that suppliers meettheir delivery, quality, and complianceobligations.
- Managing any issues that arisewith suppliers, such as delays, quality concerns, or discrepanciesin delivery.
6.ContractManagement
- Drafting andreviewing contracts to ensure that the terms and conditions arefavorable and legally sound.
- Monitoringsupplier performance to ensure adherence to contractterms.
- Handling contract renewals, extensions,or modifications as needed.
7.CommunicationSkills
- Clear andeffective communication with suppliers, internal stakeholders, andteams.
- Ability to present procurementstrategies, supplier performance, and market trends tomanagement.
- Maintaining professionalism in allsupplier interactions, even when negotiating challenging terms orresolving conflicts.
8.Attention toDetail
- Ensuring thatall procurement documentation is accurate, including purchaseorders, contracts, invoices, and deliveryschedules.
- Reviewing product specifications andquality standards to ensure compliance with organizationalrequirements.
- Ensuring that deliveries matchpurchase orders in terms of quantity, quality, andspecifications.
Procurement Department,ProcurementStrategy,Procurement System
Employment Type: Full-time
Department / FunctionalArea: Procurement
Experience: years
Gender: Male
Vacancy: 1