Procurement Expert 27J25

The Procurement Expert role is central to ensuring that a company optimizes its supply chain management by sourcing quality materials and services at the best possible prices. The position involves developing effective procurement strategies, negotiating with vendors, and managing supplier relationships to maintain the balance between quality and cost. You will be expected to stay up-to-date with market trends, identify potential risks, and provide innovative solutions to streamline procurement processes. As a Procurement Expert, your analytical skills, attention to detail, and ability to work in a fast-paced environment will be critical to maintaining the operational efficiency and financial health of the organization.

Responsibilities

• Develop and implement strategic procurement plans to maximize supply chain efficiency.
• Conduct market research to identify potential suppliers and assess market trends.
• Negotiate contracts with suppliers ensuring favorable terms for the company.
• Establish and maintain robust relationships with vendors and internal stakeholders.
• Evaluate supplier performance and manage relationships to optimize service delivery.
• Collaborate with cross-functional teams to forecast demand and manage inventory levels.
• Ensure compliance with company policies and governmental regulations in procurement processes.
• Analyze spend data and generate reports to aid strategic decision making.
• Identify and mitigate risks associated with the procurement processes and suppliers.
• Monitor market conditions and economic factors that influence procurement activities.
• Drive continuous improvement in procurement processes and strive for cost-effective solutions.
• Provide guidance and training to junior procurement staff and other stakeholders.

Requirements

• Bachelor’s degree in supply chain management, business, or a related field.
• Minimum of five years' experience in procurement or supply chain management.
• Proven negotiation skills with a track record of successful outcomes.
• Strong analytical skills with the ability to interpret complex data sets.
• Familiarity with procurement software tools and ERP systems is essential.
• Excellent communication and interpersonal skills to manage diverse teams.
• Ability to handle multiple tasks efficiently in a fast-paced environment.