Sourcing & Insurance Manager

Vector Logistics Limited; Gauteng; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading company in the supply chain sector is seeking a Sourcing & Insurance Manager to lead procurement strategies and manage insurance functions. The ideal candidate will have extensive experience in sourcing, insurance, and administration, with strong negotiation and risk management skills. This role offers an opportunity to contribute to strategic objectives while fostering relationships with internal and external stakeholders.

Qualifications

• Minimum 7+ years' sourcing experience in FMCG or logistics.
• At least 7+ years insurance and administration experience.
• Minimum 3 years in managerial or strategic sourcing roles.

Responsibilities

• Lead and manage all sourcing and procurement activities.
• Oversee insurance renewals, underwriting, and claims management.
• Manage procurement of goods and services, including vendor relations.

Skills

Negotiation

Risk Management

Stakeholder Engagement

Cost Optimization

Contractual Dispute Resolution

Education

Bachelor's degree in Supply Chain Management

CIPS Certification

Membership of the Insurance Institute of South Africa

Tools

SAP

Oracle

Excel

Power BI

Job description

Sourcing & Insurance Manager

Type: Permanent

Overview

We are a Supply Chain and Sales & Merchandising partner adding value to your business through a fully integrated, temperature-controlled network in Southern Africa. We are more than that — we are people serving people. Our people are our greatest resource, and with their skills and curiosity, our assets become your solutions.

Vector's vehicle fleet includes a pioneering 'multi-temperature' system, enabling service across frozen, chilled, and ambient zones on a single delivery.

Job Purpose

Lead and manage all sourcing and procurement activities, ensuring effective strategies, negotiations, and cost-efficient purchasing aligned with business goals. Manage key support functions including insurance, claims, facilities, master data, and administrative responsibilities to support strategic and operational objectives.

Key Responsibilities

1. Sourcing
   • Develop and execute procurement strategies aligned with operational and financial goals.
   • Negotiate with suppliers to secure advantageous terms and mitigate risks.
   • Implement procurement policies, standards, and procedures for compliance.
   • Lead contract negotiations and manage supplier performance.
   • Collaborate with finance and operations for forecasting, budgeting, and value creation.
   • Manage procurement reporting, analytics, and dashboards.
   • Build internal stakeholder relationships to support strategic sourcing.
   • Promote continuous improvement and digital tools in procurement.
   • Ensure B-BBEE procurement compliance and drive transformation initiatives.
   • Lead risk assessments and mitigation plans.
   • Guide and develop the procurement team fostering accountability and innovation.
2. Procurement
   • Manage procurement of goods and services, purchase orders, approvals, payments, and vendor relations.
3. Insurance
   • Oversee insurance renewals, underwriting, claims management, and risk transfer strategies.
   • Drive reduction in claims and incidents, and promote insurance awareness.
4. Facilities Management
   • Manage the operation and maintenance of the Head Office facilities, ensuring safety, compliance, and efficiency.
5. Travel Management
   • Implement effective travel processes, cost-saving initiatives, and policy compliance.
6. Company Administration
   • Oversee lease agreements, vendor creation, payments, and credit facilities.
7. Master Data
   • Maintain vendor master data within the ERP system, ensuring compliance and data quality.

Key Relationships

Internal: Operations, finance, warehouse, sales, compliance teams.
External: Suppliers, regulatory authorities, industry bodies.

Qualifications, Skills, and Experience

• Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or related field.
• CIPS Certification or equivalent advantageous.
• Membership of the Insurance Institute of South Africa (IISA) advantageous.
• Minimum 7+ years' sourcing experience, preferably in FMCG or logistics.
• At least 7+ years insurance and administration experience.
• Minimum 3 years in managerial or strategic sourcing and insurance roles.
• Experience managing high-value contracts, change management, and process optimization.
• Skills in contractual dispute resolution, cost optimization, procurement frameworks, risk management, negotiation, and stakeholder engagement.
• Insurance expertise in corporate coverage.
• Proficiency in procurement systems (SAP, Oracle), e-sourcing platforms, and reporting tools (Excel, Power BI).
• Strong leadership, integrity, professionalism, and attention to detail.

We look forward to hearing from you!