Procurement Manager position available in Johannesburg.
An experienced Procurement Manager is required for permanent employment based in Johannesburg.
Responsible for overseeing the procurement process, ensuring the timely and cost-effective acquisition of goods and services.
This role involves assisting management in developing and thereafter implementing the businesses’ procurement strategies, managing supplier relationships, and ensuring compliance with company policies and regulations.
Industry: Industrial Capital Equipment.
Salary: Market related TCTC R1M (Incl. Perks & Benefits).
Start Date: As soon as possible.
Type: Permanent.
Duties and Responsibilities:
- Assist management in developing and thereafter Implementing procurement strategies to meet the company’s needs.
- Understand spending trends and have clear visibility into what is being purchased, by whom, and from where, to assist making informed decisions and optimizing procurement processes.
- Regular evaluation of supplier performance and development of strong, long-term relationships with key suppliers.
- Identify potential risks in the supply chain and minimize these risks. This should include diversification of suppliers and contingency plans.
- Achieving cost savings through strategic negotiations, data analysis, and leveraging modern procurement software.
- Continuous Improvement through development new methods and technologies to ensure procurement processes remain efficient and effective.
- Ensuring that procurement practices comply with legal and ethical standards.
- To develop and Manage supplier relationships, including negotiating contracts, pricing and ensuring supplier performance.
- Vendor selection though researching and sourcing suitable vendors, requesting quotes or proposals, and evaluating them based on set criteria.
- Assist in contract negotiations to define the terms and conditions of the agreements, including the scope of goods or services, delivery timelines, payment terms, confidentiality clauses, and any other relevant details.
- Performance monitoring by regularly assessing vendor performance against agreed-upon metrics and key performance indicators (KPIs)
- Identify potential risks associated with vendors and assist in developing strategies to mitigate these risks.
- Building and maintaining strong relationships with vendors through regular communication, feedback, and collaboration.
- Continuously refining the vendor management process based on performance reviews and feedback.
- Conduct market research to identify potential suppliers and evaluate their capabilities.
- Analyse the collected data to assess market conditions, supplier performance, product lifecycles, and seasonal trends
- Evaluate potential suppliers based on criteria such as reliability, quality, cost, and capacity.
- Identify and assess potential risks associated with the market and suppliers.
- Gather relevant data from various sources, including supplier databases, industry reports, trade publications, and direct communication with suppliers.
- Monitor and analyse procurement metrics to identify areas for improvement and to assist management in making strategic decisions regarding supplier preferences.
- Determine which key performance indicators (KPIs) are most relevant to the procurement goals.
- Set baseline values for each metric to understand historical performance trends.
- Use procurement software and tools to collect data on the identified metrics.
- Analyse the collected data to identify patterns, trends, and areas for improvement.
- Implement the clear goals and benchmarks for each metric, developed my management, based on the analysis done by incumbent.
- Continuously monitor the metrics to track performance.
- Collaborate with other departments to understand their procurement needs and provide support.
- Ensure that all departments have a shared understanding of procurement goals and objectives.
- Share relevant procurement data with other departments to foster transparency and informed decision-making.
- Regular Communication with other departments through updates, meetings, and collaborative platforms.
- Prepare and present reports on procurement activities and performance.
- Collect relevant data and information from procurement activities, including spend analysis, supplier performance, cost savings, and market trends. Ensure the data is accurate and up to date.
- Analyse the collected data to identify patterns, trends, and insights. Use statistical tools and software to support the analysis.
Requirements:
- Bachelor’s degree in business, Supply Chain Management, or a related field.
- Familiarity with relevant legal and regulatory requirements in South Africa.
- Certified in Microsoft Dynamics 365
- Certification in procurement or supply chain management (e.g., CPSM, CPIM).
- Experience in the industry relevant to the company’s operations.
- Proficiency in ERP systems and other procurement software.
- Effectively managing a team and driving performance.
Skills Required:
- Proven experience as a Procurement Manager or in a similar role.
- Strong negotiation and communication skills.
- Excellent analytical and problem-solving abilities.
- Knowledge of procurement software and tools.
- Ability to manage multiple projects and meet deadlines.
- Strong attention to detail and organizational skills.
- Communication (written & verbal) & interpersonal skills.
- Forming and maintaining relationships, gaining trust and respect from stakeholders – internal and external.
- Time management and work well under pressure.