7 Nov 2024

Procurement Analyst at Victory Farms

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Job Description

Victory Farms is a tilapia fish farm established in 2015. VF is located on the Kenyan side of Lake Victoria and has distribution capacity throughout Kenya. The Company is rapidly expanding its farm operation, fish processing, and sales & marketing capabilities. By the end of 2017, VF is on track to be the largest aquaculture farm in East Africa. VF is em…

Procurement Analyst

As the ideal procurement analyst, you will support feed optimization activities for both Victory Farms Kenya and Kivu Choice, Rwanda. As the procurement analyst you will be managing a diverse footprint of over five suppliers from the region with different production capabilities. This role will focus on optimizing various components, including raw materials, logistics costs, FX effects, service levels from suppliers, and inventory levels at the fish farm.

Roles & Responsibilities:            

Feed Optimization:

  • Strategically optimize feed procurement for Victory Group, ensuring cost-effective and efficient supply chain management. Collaborate with suppliers to leverage economies of scale and secure favorable pricing.
  • Manage a diverse supplier network, negotiating favorable terms and ensuring timely delivery, monitoring supplier performance and implementing corrective actions where needed.

Supplier Management and Supplier Negotiations Support:

  • Leverage analytical insights and market data to secure terms that align with Victory Group’s strategic objectives and financial goals.
  • Conduct thorough assessments of supplier performance by analyzing key metrics such as service levels, reliability, and cost-effectiveness.
  • Leverage data analytics to identify trends, forecast market conditions, and inform on supplier negotiation tactics.
  • Prepare comprehensive negotiation briefs, incorporating relevant market data and industry insights.

Component Optimization:

  • Raw Material Procurement Optimization – Leverage market analysis and supplier assessments to ensure Victory Group secures the best materials at competitive prices.
  • Logistics Cost Minimization – Prepare logistics reports to ensure Identification and development of innovative solutions to streamline transportation and distribution processes thus enhancing overall supply chain efficiency.
  • FX Effect Management – Utilize hedging strategies and market insights to protect the company from currency fluctuations and maintain budget stability.

Data Analysis and Reporting:

  • Advanced Data Analysis – Leverage advanced Excel skills and other analytical tools to meticulously analyze procurement data, extracting valuable insights to inform decision-making. Develop complex models and simulations to forecast future trends and identify potential risks and opportunities.
  • Insightful Reporting – Generate comprehensive and insightful reports that clearly communicate procurement performance, trends, and key metrics. Ensure reports are actionable and provide strategic recommendations to drive efficiency and cost-effectiveness.
  • Effective Communication – Present findings and strategic recommendations to senior management in a clear, concise, and compelling manner. Tailor presentations to address key concerns and highlight areas of improvement, ensuring alignment with organizational goals.
  • Trend and Performance Analysis – Conduct in-depth analysis of procurement data to uncover trends, measure supplier performance, and identify areas for improvement. Use data-driven insights to support continuous improvement initiatives and enhance procurement strategies.

Skills and qualifications:

  • Bachelor’s degree in Applied Science, Mathematics, Data Science, Financial Analysis, Operations Research, or a related field.
  • 2-3 years procurement analysis experience in a busy multi-cultural environment
  • Strong analytical skills and ability to work with complex data sets.
  • Advanced proficiency in Microsoft Excel, including data analysis and visualization techniques.
  • Excellent problem-solving and decision-making skills.
  • Strong communication and interpersonal skills.
  • Experience in the aquaculture or food industry will be an added advantage.

Benefit:

  • Visibility into the world’s fastest growing aquaculture company.
  • Ideal for a candidate looking to dive into a mission-oriented Organization.
  • The team is committed to the candidate’s success and will provide coaching, mentorship, and unique exposure to people and experiences that come from the most successful leaders in the entrepreneurial community and the social sector.


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 15November. 2024





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