About the Role
Our client, a fast-growing player in the retail sector, is looking for a dedicated and analytical Strategic Sourcing Specialist to join their procurement department in Cape Town, Western Cape . This role is essential for identifying and securing cost-effective and high-quality suppliers for a diverse range of products. You will be instrumental in driving value through strategic sourcing initiatives, market intelligence, and robust supplier relationship management. The successful candidate will be a key contributor to optimizing the supply chain and ensuring competitive advantage for the company. This is a fantastic opportunity to work in a vibrant, coastal city like Cape Town and influence significant procurement decisions.
Key Responsibilities
- Conduct thorough market analysis to identify potential new suppliers and assess market dynamics.
- Develop and implement sourcing strategies for various categories of goods and services.
- Lead tender processes, including RFQ/RFP development, bid evaluation, and supplier selection.
- Negotiate contracts, pricing, and terms with suppliers to achieve optimal outcomes.
- Manage and develop relationships with existing suppliers, monitoring performance against contracts and KPIs.
- Collaborate with internal stakeholders to understand their procurement needs and provide expert advice.
- Identify opportunities for cost reduction and process improvement within the supply chain.
- Ensure all sourcing activities comply with company policies and ethical standards.
- Maintain accurate records of supplier information, contracts, and purchasing activities.
- Contribute to the development of departmental strategies and objectives.
Requirements
- Bachelor's degree in Business, Supply Chain, Economics, or a related field.
- Minimum of 5 years of experience in strategic sourcing, procurement, or category management.
- Demonstrable experience in conducting market analysis and developing sourcing strategies.
- Strong negotiation and contract management skills.
- Excellent analytical skills with the ability to interpret data and identify trends.
- Proficiency in sourcing software and MS Office Suite, particularly Excel.
- Effective communication and interpersonal skills to build rapport with suppliers and internal teams.
- Familiarity with retail supply chains is a plus.
- Ability to work independently and manage multiple projects simultaneously.
- Must be based in or able to commute to Cape Town, Western Cape .
Benefits
- A competitive salary package based on your experience.
- Contribution towards medical aid and provident fund.
- Opportunities for professional growth and skill development.
- A dynamic and collaborative work environment located in beautiful Cape Town .
- Employee discounts on company products.
- Annual performance bonuses.
- Potential for exciting travel opportunities for supplier visits.