Procurement Officer

Role Overview:
We are seeking a highly skilled and experienced Procurement Officer to manage the procurement process, ensuring timely and cost-effective acquisition of goods and services. The successful candidate will develop and implement procurement strategies, negotiate contracts, and build strong relationships with suppliers.

Key Criteria:
• Bachelor's degree in Procurement, Supply Chain Management, or related field
• Minimum 2-5 years of experience in procurement or supply chain management
• Professional certification in procurement (e.g., CIPS, ISM) is an added advantage
• Strong knowledge of procurement principles, practices, and regulations
• Excellent negotiation, communication, and analytical skills
• Ability to work in a fast-paced environment and meet deadlines

Responsibilities:
• Conduct market research to identify potential suppliers and vendors.
• Evaluate and negotiate prices with selected suppliers.
• Develop and maintain relationships with suppliers and vendors.
• Manage the procurement process, including requisitioning, purchasing, and expediting.
• Ensure compliance with company procurement policies, procedures, and regulatory requirements.
• Maintain accurate and up-to-date procurement records and reports.
• Analyze procurement costs to identify opportunities for cost savings.
• Develop and implement cost-saving initiatives and strategies.
• Ensure suppliers meet quality standards and requirements.
• Conduct quality audits and inspections to ensure compliance.
• Manage quality-related issues and defects with suppliers.
• Prepare and submit procurement reports to management.
• Collaborate with internal stakeholders to understand business needs and develop procurement plans