Senior Purchasing Specialist - Strategic Sourcing

Placements24; Midrand; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Medical aid

Provident fund

Performance bonuses

Hybrid work model

Professional development

Corporate discounts

Wellness programs

Job summary

Placements24 in Midrand, Gauteng, is seeking a Senior Purchasing Specialist to lead strategic sourcing, optimize procurement processes, and drive cost savings across key categories. You will build supplier relationships and negotiate terms to support business objectives.

The role requires 5-7 years in purchasing or sourcing within retail or related industries, with strong analytical skills and proficiency in procurement software and MS Office. A hybrid work model is offered.

Qualifications

• Bachelor's degree in a related field is required.
• Minimum 5–7 years of progressive purchasing or sourcing experience.
• Proven track record in achieving cost savings through negotiation.
• Experience in the retail sector is preferred.

Responsibilities

• Develop and implement sourcing strategies for key categories.
• Conduct market analysis to identify potential suppliers.
• Negotiate terms, pricing, and SLAs with suppliers.
• Manage supplier relationships and performance.
• Monitor KPIs and contractual obligations.
• Collaborate with stakeholders to align procurement with business goals.
• Analyze spend and identify cost-reduction opportunities.
• Ensure compliance with procurement policies and ethics.
• Prepare reports on procurement activities and savings.
• Contribute to continuous improvement of procurement processes.

Skills

Analytical skills

Negotiation

Communication

Stakeholder management

Procurement software

MS Office Suite

Education

Bachelor's degree in Supply Chain Management

Tools

Excel

ERP systems

Procurement software

Job description

About the Role

Our client, a prominent player in the retail sector, is seeking a highly experienced and analytical Senior Purchasing Specialist to join their dynamic team in Midrand, Gauteng. This role is pivotal in driving strategic sourcing initiatives, optimizing procurement processes, and ensuring the efficient acquisition of goods and services critical to the company's operations. The ideal candidate will possess a deep understanding of market trends, supplier relationship management, and cost negotiation. This position offers a stimulating work environment with opportunities for professional growth and contribution to significant business outcomes. We are looking for a motivated individual who thrives in a collaborative setting and can bring a wealth of expertise to our client's procurement division. The role requires a proactive approach to identifying cost-saving opportunities and mitigating supply chain risks within the Gauteng region.

Key Responsibilities

• Develop and implement comprehensive sourcing strategies for key categories of goods and services.
• Conduct thorough market analysis to identify potential suppliers and assess market dynamics.
• Negotiate favorable terms, pricing, and service level agreements with suppliers.
• Manage and maintain strong, long-term relationships with existing and new suppliers.
• Monitor supplier performance against contractual obligations and KPIs.
• Collaborate with internal stakeholders to understand procurement needs and ensure alignment with business objectives.
• Analyze spending patterns and identify opportunities for cost reduction and process improvements.
• Ensure compliance with company procurement policies and ethical standards.
• Prepare detailed reports on procurement activities, market intelligence, and cost savings achieved.
• Contribute to the continuous improvement of procurement systems and procedures.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field.
• Minimum of 5-7 years of progressive experience in purchasing, procurement, or strategic sourcing, preferably within the retail industry.
• Proven track record in negotiating complex contracts and achieving significant cost savings.
• Strong analytical and problem-solving skills with the ability to interpret complex data.
• Excellent communication, interpersonal, and stakeholder management skills.
• Proficiency in procurement software and MS Office Suite (Excel, Word, PowerPoint).
• In-depth knowledge of supply chain principles and best practices.
• Ability to work effectively in a fast-paced, deadline-driven environment.
• Experience in managing supplier relationships and performance.
• Familiarity with the Midrand business landscape and South African supply chains is advantageous.

Benefits

• Competitive salary package commensurate with experience.
• Employees benefit from a comprehensive medical aid scheme, a provident fund, and performance-based bonuses.
• Opportunities for professional development and further training are readily available.
• A hybrid work model provides flexibility, blending in-office collaboration with remote work capabilities.
• You will be part of a supportive team environment that values innovation and dedication.
• The role also includes access to corporate discounts and wellness programs designed to promote employee well-being in the Gauteng area.