Purpose:
Oversee all aspects of the supply chain function, including procurement, contract and tendering activities, inventory management, and vendor management to support the company objectives and operational needs.
Responsibilities:
- Contribute and monitor the work done by the team members and ensure it is completed on time without delay.
- Track and report critical organizational unit performance results and escalate business-related issues to senior management.
- Set strategic procurement plans and budgets and oversee the implementation according to the annual procurement allocation in alignment with the company goals and objectives.
- Oversee the development and updates of procurement and contract management policies to ensure their alignment with industry's best practices and regulations.
- Oversee the end-to-end contract lifecycle, including drafting, negotiation, and execution, ensuring compliance with legal and organizational standards.
- Direct the process of evaluation and selection of vendors and ensure compliance with the requirements and level of service required by the company.
- Manage relationships with suppliers and vendors, evaluating performance, negotiating terms, and ensuring cost-effective procurement.
- Identify and assess risks associated with procurement and contracts, implementing effective mitigation strategies.
- Negotiate favorable terms with suppliers, drive cost savings, and optimize value.
- Implement continuous improvement initiatives in procurement processes, systems, and practices to enhance efficiency and effectiveness.
Requirements:
- Bachelor's degree in Business Administration, Purchasing & Procurement, or any other related field.
- Above 15 years of experience in related field including 5 years in a managerial role.
- Master's degree in Business Administration, Purchasing & Procurement, or any other (preferred requirements).