Sourcing & Insurance Manager

Vector Logistics Limited; Gauteng; On-site; ZAR 600,000 - 800,000; Full time

Job summary

Vector Logistics Limited seeks a skilled Sourcing & Insurance Manager to lead procurement and insurance functions. Ideal candidates will have a strong background in sourcing strategies and supplier negotiations with over 7 years of relevant experience. The role requires fostering relationships with stakeholders, ensuring compliance, and driving efficiency through digital tools.

Qualifications

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

Responsibilities

• Develop and execute procurement strategies aligned to business goals.
• Manage procurement of goods and services, oversee insurance processes.
• Lead contract negotiation and management across spend categories.

Skills

Negotiation

Project Management

Risk Management

Data Analytics

Education

Bachelor's degree in Supply Chain Management

CIPS Certification or equivalent

Membership of the Insurance Institute of South Africa

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.

But we are also more than that.

We are people serving people.

While we boast the best in tech and infrastructure, our people are our greatest resource.

With our skilled, curious, can-do people at the forefront, our assets become your assets, our service your solutions.

Vector's vehicle fleet includes a food industry first in 'multi-temperature' vehicles enabling the company to service business across frozen, chilled and ambient temperature zones on a single delivery.

Job Purpose

To lead and manage all sourcing and procurement activities across the Vector Logistics business, ensuring effective sourcing strategies, supplier negotiations, and cost-efficient procurement of goods and services in line with business objectives.

The role requires managing and coordinating critical business support functions, including insurance and claims management; facilities oversight, master data governance, returnable packaging management, and various other company administrative responsibilities to support the organization's strategic and operational goals.

Key Responsibilities

• Sourcing
• Develop and execute the overall procurement strategy aligned to the business's operational and financial goals.
• Source, evaluate, and negotiate with suppliers to secure advantageous terms and mitigate supply risks.
• Implement and monitor procurement policies, standards, and procedures to ensure compliance and consistency.
• Lead contract negotiation and management across all spend categories, ensuring favorable commercial terms.
• Collaborate with finance and operations to forecast procurement needs, manage budgets, and drive value creation.
• Oversee category management, supplier segmentation, and performance management processes.
• Manage procurement reporting, data analytics, and performance dashboards to support decision-making.
• Build strong internal stakeholder relationships to understand requirements and support strategic sourcing initiatives.
• Champion continuous improvement in procurement processes and promote digital tools to increase efficiency.
• Ensure B-BBEE procurement compliance and drive transformation initiatives across the supplier base.
• Lead risk assessments and implement mitigation plans in collaboration with operational teams.
• Provide leadership and guidance to the procurement team, fostering a culture of accountability, innovation, and collaboration.

• Procurement
• Manage the procurement of centralized goods & services for the company.
• Manage purchase orders, approvals, payments, and vendor management for centralized goods & services.

• Insurance
• Lead the insurance renewal process and ensure the company is adequately insured.
• Manage all underwriting surveys and findings closure.
• Drive the reduction in accident and other claim statistics / incidents.
• Coordinate the central logging of all claims, including the resolution of all claims.
• Oversee the insurance program and guide the business with insurance-related matters.
• Develop and implement alternative risk transfer strategies, including cell captives to optimize the organization's risk financing approach.
• Promote insurance awareness within the business and cold chain industry (such as the Global Cold Chain Alliance).

• Facilities Management
• Ensure the effective management, maintenance, and operation of the Head Office facility, including buildings, grounds, infrastructure, and related services.
• Ensure a safe, compliant, efficient, and cost-effective working environment that supports operational objectives.

• Travel Management
• Manage an effective and efficient travel process in the business.
• Implement travel cost savings initiatives and ensure policy compliance.

• Company Administration
• Oversee lease agreements, rental agreements, and other binding contracts.
• Validate and approve credit applications.
• Manage company credit card and cell / data card facilities.
• Oversee all vendor creations and payments.

• Master Data
• Manage and oversee the creation, maintenance, and governance of vendor master data within the ERP system.
• Ensure vendor records meet compliance, audit, and business requirements.
• Manage redundant vendor data cleanup.

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.
• Minimum 7+ years insurance and administration experience.
• At least 3 years in managerial or strategic sourcing and insurance roles.
• Experience managing high-value contracts, change management, and process optimization.

We look forward to hearing from you!