Procurement Officer (225-611)

The Procurement Officer plays a vital role in managing and optimizing the purchasing activities of an organization. They are responsible for ensuring that the company’s procurement strategies align with business goals, focusing on cost-efficiency and effective supplier management. This role requires a strong understanding of the market, negotiation skills, and the ability to analyze purchasing trends to make informed decisions. The Procurement Officer is also tasked with maintaining a comprehensive database of suppliers and ensuring a steady supply of materials while minimizing costs and maximizing operational efficiency. By implementing strategic purchasing policies and maintaining solid relationships with suppliers, the Procurement Officer significantly contributes to the company's productivity and profitability.

Responsibilities

• Develop and implement efficient procurement strategies to meet company requirements.
• Conduct market research to identify new procurement opportunities and cost savings.
• Negotiate terms, prices, and contracts with suppliers to ensure the best deals.
• Maintain strong relationships with existing suppliers and build alliances with new ones.
• Ensure all procurement activities adhere to company policies and ethical standards.
• Monitor and forecast upcoming levels of demand for services and products.
• Analyze procurement data to make informed purchasing decisions and improve cost-efficiency.
• Coordinate with warehouse staff to ensure proper execution of inventory management.
• Evaluate and assess supplier performance based on quality, delivery, and compliance.
• Collaborate with internal stakeholders to ensure clear communication of procurement objectives.
• Prepare and administer purchase orders and ensure timely delivery of goods.
• Resolve disputes or discrepancies with suppliers and internal departments effectively.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Proven experience as a Procurement Officer or in a similar procurement role.
• Strong negotiation skills and ability to build strong supplier relationships.
• Excellent analytical and problem-solving skills with attention to detail.
• Proficiency in using procurement software and Microsoft Office Suite.
• Knowledge of supply chain procedures and solid understanding of market dynamics.
• Exceptional communication and interpersonal skills for effective stakeholder management.