Procurement Officer 05J26

As a Procurement Officer, your role will be integral to ensuring that the organization receives a high standard of goods and services at the most competitive rates. The Procurement Officer is responsible for researching, evaluating, and purchasing products that satisfy the needs of the organization. A key part of your role will be to build relationships with suppliers and negotiate terms that are favorable for the organization. This position requires a sharp eye for detail and a strong understanding of supply chain dynamics, industry costs, and the procurement lifecycle. You will be expected to maintain records of goods ordered and received and stay updated with new suppliers, technologies, and market trends. In addition to ensuring compliance with the organization’s procurement policies, you will also be involved in strategic sourcing and developing procurement plans that align with organizational goals.

Responsibilities

• Conduct research on potential products, vendors, and services.
• Negotiate contracts, terms, and deadlines with suppliers and vendors.
• Monitor inventory levels and forecast future needs of the organization.
• Maintain and update a comprehensive procurement database regularly.
• Ensure compliance with procurement policies and regulations at all times.
• Analyze market and delivery systems to assess present and future material availability.
• Collaborate with staff members from other departments to determine their product and service needs.
• Investigate and resolve issues regarding purchase orders and delivery discrepancies.
• Prepare procurement reports, including cost analyses and supplier performance comparisons.
• Review and analyze all vendors/suppliers, supply, and price options.
• Approve purchase orders and organize and confirm delivery of goods and services.
• Develop, lead, and execute purchasing strategies that align with company objectives.

Requirements

• Bachelor’s degree in business administration, supply chain management, or related field.
• Minimum of 3 years of experience in procurement or supply chain management.
• Strong negotiation and conflict resolution skills are essential.
• Excellent organizational skills and attention to detail are required.
• Proficiency with Microsoft Office Suite and procurement software tools.
• Ability to communicate effectively with vendors and internal team members.
• Understanding of industry standard purchasing procedures and best practices.
• Ability to work independently and handle multiple projects concurrently.