Job Purpose
The Procurement Senior Officer manages the procurement lifecycle with greater autonomy, from sourcing and vendor negotiations to contract execution and compliance monitoring. The role ensures timely and cost-effective acquisition of goods and services, while strengthening supplier partnerships and driving process improvements. As a senior member of the procurement team, this role provides guidance to junior officers and supports strategic initiatives that enhance efficiency, transparency, and cost optimization across Floward’s supply chain.
Key Responsibilities
- Strategic Sourcing & Procurement
- Lead RFQ creation, bid evaluations, and vendor selection processes.
- Negotiate pricing, payment terms, and service-level agreements to secure best value.
- Contribute to procurement planning by analyzing demand forecasts and aligning sourcing strategies.
- Operational Procurement & Documentation
- Prepare and release purchase orders, ensuring accuracy and compliance with policies.
- Monitor end-to-end procurement transactions, including delivery tracking and invoice reconciliation.
- Ensure proper documentation and ERP system updates for audit and compliance readiness.
- Supplier Management
- Manage relationships with key vendors to ensure performance, reliability, and responsiveness.
- Conduct supplier evaluations, performance reviews, and corrective action plans where needed.
- Identify and develop alternative suppliers to mitigate risks and strengthen supply resilience.
- Market Research & Process Improvement
- Conduct benchmarking and market research to identify cost-saving opportunities.
- Recommend and implement enhancements to procurement processes, systems, and reporting.
- Stay updated on market shifts, materials availability, and pricing trends impacting procurement.
- Team Support & Collaboration
- Provide guidance to Procurement Officers and assist in resolving escalated supplier issues.
- Collaborate with Finance, Operations, and other stakeholders to align procurement with business needs.
- Contribute to cross-functional projects aimed at optimizing supply chain performance.
Skills And Qualifications
- Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
- 5–7 years of procurement/sourcing experience, preferably in a multinational or retail/e-commerce environment.
- Strong track record in vendor negotiations, contract management, and cost optimization.
- Experience using ERP/procurement systems (SAP, Oracle, Microsoft Dynamics) is required.
- Professional certifications such as CIPS or CPSM are an advantage.
- Proficiency in MS Excel and financial analysis tools for procurement data.