Procurement Expert 21N25

The Procurement Expert 21N25 is an essential role responsible for overseeing the sourcing and purchasing of goods and services for a company. This position demands a combination of strategic and analytical thinking to manage supplier relationships and develop procurement strategies that align with the organization's objectives. As a Procurement Expert, you will be instrumental in ensuring cost-effectiveness and efficiency in procurement processes. You will need strong negotiation skills, a keen eye for detail, and the ability to work in a fast-paced environment. The ideal candidate will have a comprehensive understanding of procurement methodologies, excellent communication skills, and a knack for problem-solving. This role provides an opportunity to significantly impact the company's bottom line by optimizing purchasing activities and ensuring the best possible terms for every deal.

Responsibilities

• Develop and implement effective procurement strategies to meet organizational goals.
• Analyze market trends and apply this knowledge for competitive vendor negotiations.
• Build and maintain strong relationships with suppliers and key stakeholders.
• Identify potential suppliers and conduct thorough evaluations for procurement needs.
• Ensure compliance with company policies and legal regulations in all transactions.
• Negotiate favorable terms and conditions with suppliers to optimize costs.
• Prepare and manage tender documents and contracts for procurement processes.
• Collaborate with cross-functional teams to align procurement strategies with business objectives.
• Monitor contract performance and manage supplier performance assessments regularly.
• Lead initiatives to reduce procurement costs and streamline purchasing processes.
• Maintain accurate records of procurement activities for audit and reporting purposes.
• Provide guidance and support to junior procurement staff as needed.

Requirements

• Bachelor's degree in Business Administration, Supply Chain, or a related field.
• Minimum of 5 years experience in a procurement or supply chain role.
• Strong negotiation skills with a proven track record in vendor management.
• Excellent analytical and problem-solving abilities for effective decision-making.
• Proficiency in procurement software and Microsoft Office products.
• Ability to handle multiple projects simultaneously and meet tight deadlines.
• Exceptional communication skills, both verbal and written, for liaising effectively.