Senior Procurement Officer 22D25

The Senior Procurement Officer is a critical member of the procurement department, responsible for overseeing and managing the procurement process to ensure the efficient acquisition of goods and services required by the organization. This role demands a high level of expertise in managing vendor relationships, negotiating contracts, and ensuring compliance with industry regulations and organizational policies. The Senior Procurement Officer plays a vital role in cost management and the strategic sourcing of products to optimize the organization’s supply chain and develop competitive market tactics. This position requires a proactive approach to improve existing processes and implement new strategies that align with the organization’s goals. The successful candidate will be a strategic thinker with excellent communication, negotiation, and analytical skills, capable of working collaboratively with various departments to ensure procurement needs are met effectively and efficiently.

Responsibilities

• Develop and implement procurement strategies to enhance organizational efficiency and cost savings.
• Oversee the supplier selection process to ensure quality and reliable partnerships.
• Negotiate contract terms with vendors to achieve beneficial agreements for the organization.
• Manage and analyze procurement data to improve purchasing decisions and strategies.
• Ensure compliance with all procurement regulations, policies, and industry standards.
• Collaborate with cross-functional teams to understand and fulfill procurement requirements.
• Identify and mitigate potential risks in the supply chain and procurement operations.
• Monitor market trends to remain informed on industry developments impacting procurement activities.
• Lead efforts to digitalize and streamline procurement processes for improved efficiency.
• Prepare and present detailed reports on procurement activities to senior management.
• Manage and mentor junior procurement staff, providing guidance and development opportunities.
• Evaluate supplier performance and facilitate corrective actions as necessary.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Minimum of five years of experience in procurement, purchasing, or supply chain roles.
• Demonstrated expertise in negotiating contracts and managing vendor relationships.
• Strong understanding of procurement regulations, compliance, and industry standards.
• Proficiency in procurement software and tools for effective data analysis and reporting.
• Excellent communication and interpersonal skills for collaboration with different departments.
• Ability to manage multiple projects simultaneously and meet tight deadlines.