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We are seeking an experienced Procurement Expert to join our team. As a key member of our procurement department, you will play a critical role in managing our organization’s sourcing, purchasing, and category strategies. Your expertise will drive efficiency, cost savings, excellence in operation, and supplier excellence.
Responsibilities
- Strategic Sourcing:
- Develop and execute sourcing strategies aligned with organizational goals.
- Identify cost-saving opportunities and negotiate favorable terms with suppliers.
- Stay abreast of market trends, supplier capabilities, and industry best practices.
- Lead negotiation efforts on prices and terms with suppliers, including preparing and executing contracts in accordance with the institution’s and legal requirements.
- Identify potential risks in the supply chain and develop strategies to mitigate these risks.
- Identify and implement cost-saving opportunities within the category, tracking and reporting on savings targets.
- Engage with internal stakeholders to understand their needs and ensure their requirements are met.
- Procurement Operations:
- Manage end-to-end procurement processes, including requisitions, purchase orders, and delivery tracking.
- Collaborate with cross-functional teams to ensure timely and accurate procurement.
- Monitor supplier performance and address any issues promptly.
- Work closely with project teams to understand details of procurement requirements.
- Category Management:
- Categorize spend areas and create category-specific strategies.
- Optimize supplier relationships within each category.
- Implement best practices for category management, including risk mitigation and supplier diversity.
- Cultivate strong relationships with existing suppliers.
- Evaluate supplier performance, conduct regular business reviews to ensure they meet the company’s standards, and drive continuous improvement.
- Identify and onboard new suppliers as needed, performing due diligence checks to ensure all suppliers/vendors comply with statutory requirements.
- Establish and maintain relationships with key suppliers, conducting regular supplier evaluations.
- Quality Assurance and Compliance:
- Ensure purchased products meet quality standards.
- Comply with legal and regulatory requirements related to procurement.
Requirements
- Work Experience:
- Minimum 8 years of experience in procurement, focusing on strategic sourcing, purchasing operations, and category management.
- Proven track record of successful negotiations and cost savings.
- Experience in the Education industry is encouraged to apply.
- Strong background in procurement operations, strategic sourcing, and category management for indirect spending (e.g., Facilities Management, Marketing, IT, and MRO, and CapEx projects).
- Skills:
- Excellent communication and negotiation skills.
- Experience in Strategic Sourcing Procurement (SSP) tools.
- Analytical mindset with attention to detail.
- Proficiency in procurement software and tools.
- Familiarity with relevant industry regulations.
- Good presentation skills and proficiency with Microsoft Excel.
- Education:
- A Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- Candidates with CIPS membership preferred.
We thank all applicants for expressing their interest in this vacancy. Please note that only shortlisted applicants will be notified.