Procurement Officer

Key Responsibilities:

• Develop and implement procurement strategies to ensure cost-effective and timely acquisition of goods and services.
• Manage the entire procurement process from requisition to delivery, including creating and issuing purchase orders.
• Evaluate and select suppliers based on quality, price, and delivery capabilities.
• Establish and maintain relationships with key suppliers to ensure high-quality service and supply chain reliability.
• Negotiate terms and conditions of contracts to achieve favorable pricing and service levels.
• Monitor supplier performance and address any issues related to quality, delivery, or service.
• Monitor inventory levels to ensure optimal stock levels and avoid shortages or overstock situations.
• Conduct regular cost analyses to identify potential cost-saving opportunities.
• Implement and maintain procurement policies and procedures to ensure compliance and efficiency.
• Ensure compliance with all organizational policies, legal regulations, and ethical standards.
• Prepare and present procurement reports, including spend analysis, supplier performance, and cost savings.
• Stay updated on industry trends and market conditions to make informed procurement decisions.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, Procurement, or a related field.
• Minimum of 3 years of experience in procurement, supply chain management, or a related role.
• Proven track record of successful procurement and supplier management.
• Strong negotiation and contract management skills.
• Excellent analytical and problem-solving abilities.
• Proficiency in procurement software and tools.
• Strong organizational and time management skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• High level of integrity and commitment to ethical procurement practices.