Procurement Officer (225-812)

A Procurement Officer plays a pivotal role in the supply chain management of an organization, overseeing the acquisition of products and services essential for business operations. This professional is responsible for evaluating suppliers, negotiating contracts, and ensuring the timely delivery of goods while adhering to budgetary constraints. In addition to fostering healthy relationships with vendors, Procurement Officers maintain a keen awareness of market trends to secure cost-effective deals without compromising quality. This role demands strong strategic thinking, attention to detail, and excellent communication skills to seamlessly align procurement strategies with organizational goals. The dynamic nature of supply chains requires Procurement Officers to continually adapt and innovate to optimize procurement processes and enhance operational efficiencies.

Responsibilities

• Develop and implement procurement strategies that are aligned with business goals.
• Evaluate prospective suppliers based on quality, cost, and delivery performance.
• Negotiate contracts and terms with suppliers to secure advantageous terms.
• Manage the supplier relationship lifecycle, including evaluation and performance monitoring.
• Analyze market and delivery systems to assess present and future material availability.
• Review purchase orders and confirm their accuracy and adherence to standards.
• Coordinate with inventory and warehousing departments to optimize storage solutions.
• Maintain an updated supplier database and procurement documentation for future reference.
• Conduct regular market research to identify potential suppliers and market trends.
• Ensure compliance with legal and organizational procurement policies and procedures.
• Collaborate with various departments to forecast demand and manage procurement budgets.
• Lead initiatives to reduce procurement costs while maintaining quality standards.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Five years of professional experience in a procurement or purchasing role.
• Strong negotiation and contract management skills for effective supplier relations.
• Excellent analytical abilities to assess suppliers and market conditions accurately.
• Proficiency in procurement software and Microsoft Office suite for daily tasks.
• Outstanding communication and interpersonal abilities for successful collaborations.
• Detail-oriented with strong organizational skills to manage multiple procurement processes.