Procurement Officer 10N25

The role of a Procurement Officer is pivotal in ensuring the smooth operation of an organization's supply chain process. By effectively interacting with suppliers and managing contracts, this position serves as the cornerstone for acquiring goods and services necessary for the company’s activities. The Procurement Officer is tasked with strategically sourcing suppliers to optimize costs while ensuring quality and compliance with the company's standards. This involves evaluating supplier performance, negotiating contracts, and coordinating purchases to maintain efficient and cost-effective operations. They work collaboratively with various departments to understand their needs and provide solutions through strategic procurement, contributing to the overall success and sustainability of the company.

Responsibilities

• Develop and implement procurement policies and strategies aligned with company goals.
• Evaluate and select suppliers based on price, quality, and reliability criteria.
• Negotiate contracts and terms with vendors to ensure favorable outcomes.
• Maintain and update an efficient vendor database for easy reference and sourcing.
• Manage relationships with suppliers to ensure the procurement of good quality supplies.
• Conduct regular assessments of suppliers to ensure compliance with standards.
• Oversee and manage purchase orders ensuring accuracy and timely delivery.
• Collaborate with internal departments to determine and meet their procurement needs.
• Track market trends and developments in the industry to inform procurement strategies.
• Prepare detailed reports on procurement activities and supplier performance.
• Monitor inventory levels to ensure adequate stock without over-purchasing.
• Address product issues with suppliers and resolve them promptly and effectively.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Proven experience in a procurement officer or similar role for at least 3 years.
• Strong negotiation skills with a keen eye for detail and quality assurance.
• Excellent understanding of supply chain procedures and market research skills.
• Proficient in MS Office and procurement software, such as SAP or Oracle.
• Ability to manage multiple tasks and prioritize in a fast-paced environment.
• Exceptional interpersonal and communication skills, both written and verbal.