Procurement Specialist - Indirect Spend

Placements24; Sandton; On-site; ZAR 520,000 - 720,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonuses

Medical and retirement plans

Professional development

Collaborative office environment

Job summary

Placements24 in Sandton is seeking a specialized Procurement Specialist focused on indirect spend to join their finance team. You will manage the procurement of non-operational goods and services such as IT, marketing, travel and professional services, developing sourcing strategies and negotiating supplier contracts.

The ideal candidate has strong analytical skills, a strategic mindset and solid experience in supplier management, contract negotiation and category management, enabling cost

Qualifications

• Experience as a Procurement Specialist with a focus on indirect spend.
• Strong understanding of sourcing, contract management and supplier relationship management.
• Excellent negotiation, analytical and problem-solving skills.
• Proficiency with procurement software and standard business applications.
• Ability to manage multiple projects and stakeholders in a corporate environment.

Responsibilities

• Develop and execute sourcing strategies for indirect spend categories (e.g., IT, facilities, marketing, HR services).
• Identify, evaluate and onboard new suppliers, ensuring alignment with company policies and requirements.
• Lead negotiations for contracts and service level agreements, aiming for optimal terms and pricing.
• Manage supplier performance, conduct regular reviews, and address any issues proactively.
• Collaborate with internal stakeholders to understand their needs and ensure procurement solutions meet business objectives.
• Monitor market trends and benchmark supplier costs to identify opportunities for savings and efficiency improvements.

Skills

Indirect procurement

Negotiation

Analytical skills

Stakeholder management

Sourcing strategies

Education

Business or Supply Chain degree

Tools

Procurement software

ERP systems

MS Office

Job description

About the Role

Our client is seeking a specialized Procurement Specialist with expertise in indirect spend to join their team in Sandton . This role is pivotal in managing the acquisition of non-operational goods and services, such as IT, marketing, travel, and professional services, ensuring cost-effectiveness and value for money. You will be responsible for developing sourcing strategies, managing supplier relationships, and negotiating contracts for these diverse categories. The ideal candidate possesses strong analytical skills, a strategic mindset, and a thorough understanding of the indirect procurement landscape to support various business functions effectively.

Key Responsibilities

• Develop and execute sourcing strategies for indirect spend categories (e.g., IT, facilities, marketing, HR services).
• Identify, evaluate, and onboard new suppliers, ensuring alignment with company policies and requirements.
• Lead negotiations for contracts and service level agreements, aiming for optimal terms and pricing.
• Manage supplier performance, conduct regular reviews, and address any issues proactively.
• Collaborate with internal stakeholders to understand their needs and ensure procurement solutions meet business objectives.
• Monitor market trends and benchmark supplier costs to identify opportunities for savings and efficiency improvements.

Requirements

• Proven experience as a Procurement Specialist with a focus on indirect spend categories.
• Strong understanding of sourcing methodologies, contract management, and supplier relationship management.
• Excellent negotiation, analytical, and problem-solving skills.
• Proficiency in procurement software and standard business applications.
• Ability to effectively manage multiple projects and stakeholders in a corporate environment.
• A relevant degree in Business, Supply Chain Management, or a related discipline is preferred.

Benefits

• Competitive salary and potential for performance-based bonuses.
• Opportunity to work with a leading company in the financial hub of Sandton .
• Comprehensive benefits package, including medical and retirement plans.
• Access to professional development and continuous learning opportunities.
• A professional and collaborative office environment.