Procurement Officer (225-715)

The Procurement Officer plays a crucial role in the supply chain of an organization by overseeing purchasing activities, managing supplier relations, and ensuring that the organization’s procurement processes are carried out efficiently and cost-effectively. This position requires a strategic thinker with excellent negotiation skills who can identify cost-saving opportunities and work collaboratively across various departments to meet the organizational objectives. The Procurement Officer must have a keen eye for detail and a strong ability to manage multiple projects at once, ensuring all procurement activities align with the company’s goals and compliance regulations.

Responsibilities

• Develop and implement effective procurement strategies to meet organizational needs and budget.
• Evaluate and negotiate contracts with suppliers to secure advantageous terms and cost savings.
• Maintain strong relationships with existing vendors while researching and establishing new vendor partnerships.
• Analyze and monitor market trends to identify potential supply chain risks and opportunities.
• Ensure all procurement activities comply with legal and ethical standards and policies.
• Oversee the procurement process, including drafting, issuing, and managing purchase orders.
• Collaborate with internal departments to understand and align on procurement requirements.
• Monitor supplier performance and resolve any issues to ensure timely and quality deliveries.
• Prepare and present reports on procurement activities to senior management for strategic planning.
• Identify opportunities for continuous improvement within the procurement processes.
• Maintain accurate and comprehensive records for all procurement activities and transactions.
• Train and guide junior procurement staff or interns as necessary.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Proven experience as a Procurement Officer or a similar role in a corporate setting.
• Strong negotiation skills and experience with contract management and vendor relations.
• Excellent analytical and problem-solving skills to assess procurement options and strategies.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.
• Outstanding organizational skills with the ability to handle multiple priorities and projects.
• Knowledge of relevant compliance, legal requirements, and procurement best practices.