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Procurement Officer

4 months ago

Lagos, Lagos, Nigeria Food Concepts Plc Full time

Job Purpose

  • To develop, implement and manage effective, best-in-class systems for the effective management of supplier relationships and interfaces with Food Concepts.

Core Responsibilities and Key Result Areas

Procurement Operations

  • Negotiate with external vendors to secure advantageous terms
  • Plan and approve the ordering of necessary goods and services
  • Track and report key functional metrics to reduce expenses and improve effectiveness
  • Collaborate with key persons to ensure clarity of the specifications and expectations of the company
  • Prepare purchasing reports for all the agreements they have with suppliers and vendors
  • Prepare plans for the purchase of equipment, services, and supplies.
  • Follow and enforce the company's procurement policies and procedures.
  • Manage inventories and maintaining accurate purchase and pricing records.
  • Maintain and update supplier information such as qualifications, delivery times, product ranges, etc.
  • Maintain good supplier relations and negotiating contracts.
  • Research and evaluate prospective suppliers.

Risk and Cost Management

  • Perform risk management for supply contract
  • Examine and test existing contracts
  • Ensure clear audit trail, process transparency and clarity of roles of individual parties in the Procurement process

Key Performance Indicators

  • Quality of business suppliers
  • Procurement turnaround time
  • Quality of goods/services procured
  • Quality of risk management/prevention of risk exposure in the procurement process

Knowledge Requirements

  • Knowledge of Inventory Management
  • Knowledge of Cost management
  • Knowledge of applicable legislations, as well as policies and procedures
  • Demonstrates expertise in Procurement management

Job Specifications

  • A good first degree in social/management/physical sciences
  • Membership of the CIPS, CILS, CILCS, CISCOM, Lean Six Sigma or any other related professional qualification is an added advantage
  • Minimum of 2 years' experience in a similar role, especially in the QSR/Food Industry sector