Senior Procurement Officer (225-617)

The Senior Procurement Officer is a pivotal role within the procurement department, responsible for overseeing the acquisition of goods and services that the organization requires to meet its objectives. The position demands a strategic thinker who can align procurement strategies with the company’s goals. The Senior Procurement Officer leads a team, ensuring that procurement processes are efficient, cost-effective, and compliant with all relevant regulations. This role involves negotiating contracts, managing supplier relationships, and driving continuous improvement in sourcing strategies. The ideal candidate will have a strong understanding of the market, excellent negotiation skills, and the ability to manage multiple projects simultaneously, delivering high-quality procurement solutions that contribute to the organization’s success.

Responsibilities

• Develop and implement procurement strategies that align with the company’s objectives.
• Lead and manage the procurement team to maximize performance and cost-efficiency.
• Negotiate contracts with suppliers to ensure favorable terms and conditions.
• Monitor and evaluate supplier performance to ensure quality and cost-effectiveness.
• Conduct market research to identify potential sourcing opportunities and risks.
• Ensure compliance with corporate policies and regulatory requirements in all procurement activities.
• Maintain and enhance relationships with key suppliers to foster collaboration and innovation.
• Analyze procurement data to identify trends and propose areas for improvement.
• Prepare and present procurement reports and forecasts to senior management.
• Collaborate with other departments to understand their procurement needs and challenges.
• Manage procurement budgets and track spending to maximize efficiency and cost control.
• Drive initiatives for process improvements and advancement in procurement technology solutions.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• A minimum of five years of experience in a procurement or similar role.
• Strong negotiation skills with a proven record of securing advantageous contracts.
• Extensive knowledge of supply chain management and procurement processes.
• Excellent analytical skills and the ability to interpret procurement data effectively.
• Strong leadership abilities with experience managing a procurement team.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.