Procurement Officer
1 month ago
Job Purpose
- The Procurement Officer is responsible for managing the company's procurement activities.
- This includes sourcing and purchasing high-quality materials, goods, and services at competitive prices while ensuring timely delivery to support the company's production and operational needs.
- The role requires strong negotiation skills, attention to detail, and the ability to build and maintain relationships with suppliers.
Roles and Responsibilities
- Develop and implement procurement strategies to ensure cost-effective purchasing of materials, goods, and services.
- Source and evaluate suppliers, negotiate contracts, and maintain a reliable supplier network.
- Prepare and process purchase orders and requisitions for materials, goods, and services.
- Monitor market trends, competitor strategies, and supplier performance to make informed purchasing decisions.
- Ensure the timely delivery of goods and services to meet production schedules and operational needs.
- Collaborate with other departments to understand their procurement requirements and provide support as needed.
- Maintain accurate records of procurement activities, including purchase orders, invoices, and supplier agreements.
- Ensure compliance with company policies, procedures, and industry regulations related to procurement.
- Conduct regular evaluations of suppliers to ensure quality standards, cost-effectiveness, and reliability.
- Resolve any issues or discrepancies related to procurement, such as delivery delays, shortages, or quality concerns.
- Continuously seek opportunities to improve procurement processes and reduce costs.
Qualifications
- Bachelor's Degree in Business Administration, Supply Chain Management or a related field.
- Minimum of 3 years of experience in procurement or supply chain management.
- Strong negotiation and communication skills.
- In-depth knowledge of procurement processes, supplier management, and market trends.
- Proficiency in using procurement software and tools.
- Excellent organizational and time-management skills.
- Ability to work independently and collaboratively in a team environment.
- Strong analytical and problem-solving skills.
- Attention to detail and a commitment to quality.
Required Competencies
- Negotiation and supplier management skills.
- Knowledge of procurement best practices and industry standards.
- Ability to manage multiple tasks and meet deadlines.
- Proficiency in Microsoft Office Suite and procurement software.
- Excellent written and verbal communication skills.
- Ability to build and maintain strong relationships with suppliers and internal stakeholders.
- Understanding of financial and budgeting principles.
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