Description

The Procurement Lead will be responsible for efficiently manage the procurement process to ensure the timely acquisition of goods, services, and equipment necessary for the company operations.

Duties & Responsibilities

• Sourcing suppliers: Identifying potential suppliers, evaluating their capabilities, and selecting the most suitable ones based on factors such as quality, price, reliability, and delivery times.
• Requesting and evaluating quotations: Requesting quotes or proposals from suppliers, analyzing and comparing them to determine the best value for the organization.
• Negotiating contracts: Negotiating terms and conditions with suppliers, including pricing, delivery schedules, payment terms, and any other relevant contractual terms.
• Managing supplier relationships: Establishing and maintaining relationships with suppliers, addressing any issues or concerns, and ensuring a smooth flow of goods or services.
• Managing procurement processes: Developing and implementing procurement strategies, policies, and procedures to streamline the procurement process and ensure compliance with regulations.
• Monitoring inventory levels: Keeping track of inventory levels to ensure an adequate supply of goods while minimizing excess stock or shortages.
• Ensuring compliance: Ensuring that all procurement activities comply with legal, regulatory, and ethical standards, including any applicable procurement laws or policies.
• Budgeting and cost control: Working closely with finance departments to establish procurement budgets, tracking expenses, and identifying cost-saving opportunities.
• Risk management: Identifying and mitigating potential risks in the procurement process, such as supply chain disruptions, quality issues, or contractual disputes.
• Continuous improvement: Identifying opportunities for process improvement, implementing best practices, and staying updated with industry trends and innovations.

Skills & Experience

• Bachelor’s degree in Procurement, Supply Chain Management, Business Administration, or a related field.
• Professional certification in procurement such as CIPS (Chartered Institute of Procurement and Supply), Supply Chain Management (CIPS-UK /CPSP-K) or its equivalent is an added advantage.
• Proven experience as a procurement officer or a similar role.
• Knowledge of procurement laws, regulations, and practices.
• Strong negotiation, communication, and interpersonal skills.
• Proficiency in procurement software and tools.
• Attention to detail and strong analytical skills.
• Ability to work effectively in a team and independently.
• Strong organizational and time management abilities.