Procurement Officer (225-907)

A Procurement Officer plays a crucial role in identifying and purchasing the necessary goods and services for an organization's operations. This position requires a professional who is versed in managing procurement processes and supplier relationships to ensure the organization can maintain its supply of products or services efficiently and cost-effectively. The Procurement Officer should demonstrate significant expertise in cost management, negotiation, and logistics, while ensuring compliance with company procurement policy and procedure. This role is perfect for an individual who thrives in a dynamic environment, possesses strong analytical skills, and has a keen eye for detail, all while ensuring that procurement activities align with operational objectives and strategies.

Responsibilities

• Develop and implement procurement strategies to ensure cost-effective purchasing.
• Negotiate contracts with suppliers to achieve the best possible terms for goods and services.
• Maintain and build effective relationships with both new and existing suppliers.
• Analyze market trends to anticipate demand changes and develop purchasing strategies.
• Review and analyze purchasing processes to enhance efficiency and reduce costs.
• Work closely with other departments to ensure a seamless procurement process.
• Evaluate supplier performance and ensure compliance with terms and quality standards.
• Maintain accurate records of purchases, contracts, and agreements to ensure transparency.
• Resolve issues with suppliers regarding incorrect or defective goods and services.
• Develop risk management strategies for supply contracts and agreements.
• Keep abreast of governmental regulations affecting procurement policies and procedures.
• Secure that procurement objectives align with company goals and budget constraints.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Minimum of 3-5 years of professional experience in procurement or supply chain management.
• Proven track record of negotiating favorable terms and reducing procurement costs.
• Strong understanding of procurement and sourcing strategies and best practices.
• Excellent analytical skills with a focus on data-driven decision-making.
• Familiarity with procurement software and ERP systems used in purchasing processes.
• Exceptional communication and interpersonal skills for supplier relationship management.