Procurement Officer
Procurement Officer
Posted on :
03-12-2024
Employer Active
1 Vacancy
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Job Description
This is a remote position.
- Vendor Management
- Identify evaluate and manage vendors and suppliers to meet quality cost and delivery requirements.
- Build and maintain relationships with key vendors and monitor supplier performance.
- Conduct regular supplier evaluations to ensure compliance with company standards.
- Procurement Process Management
- Coordinate the procurement process including preparing purchase orders monitoring inventory levels and ensuring timely delivery of goods.
- Oversee contract negotiations ensuring costeffective and favorable terms for the company.
- Collaborate with the legal team to review terms and conditions in vendor contracts.
- Cost Analysis and Budgeting
- Analyze and assess total costs of company purchases and work to reduce unnecessary expenditures.
- Assist in preparing procurement budgets and forecasts based on project and operational needs.
- Perform costbenefit analysis for different software tools and equipment considering longterm value.
- Compliance and Documentation
- Ensure procurement activities comply with internal policies procedures and external regulations.
- Maintain detailed records of all procurement transactions and supplier agreements.
- Prepare and present regular reports on procurement activities spend and savings.
- Risk Management and Mitigation
- Identify potential risks in the supply chain and develop strategies to mitigate these risks.
- Ensure continuity of supply by developing alternative sourcing options for critical items.
- CrossFunctional Collaboration
- Collaborate with IT finance legal and project management teams to identify procurement needs streamline purchasing and support operational goals.
- Engage with stakeholders to understand software and equipment requirements for new projects.
Requirements
- Education: Bachelor s degree in Business Administration Supply Chain Management or related field. Certification in procurement or supply chain management (e.g. CIPS CPSM) is a plus.
- Experience: 4 years of experience in procurement ideally in IT or softwarerelated purchasing.
- Technical Knowledge: Familiarity with software licensing models cloud services SaaS procurement and vendor management best practices.
Vendor Management Identify, evaluate, and manage vendors and suppliers to meet quality, cost, and delivery requirements. Build and maintain relationships with key vendors and monitor supplier performance. Conduct regular supplier evaluations to ensure compliance with company standards. Procurement Process Management Coordinate the procurement process, including preparing purchase orders, monitoring inventory levels, and ensuring timely delivery of goods. Oversee contract negotiations, ensuring cost-effective and favorable terms for the company. Collaborate with the legal team to review terms and conditions in vendor contracts. Cost Analysis and Budgeting Analyze and assess total costs of company purchases and work to reduce unnecessary expenditures. Assist in preparing procurement budgets and forecasts based on project and operational needs. Perform cost-benefit analysis for different software tools and equipment, considering long-term value. Compliance and Documentation Ensure procurement activities comply with internal policies, procedures, and external regulations. Maintain detailed records of all procurement transactions and supplier agreements. Prepare and present regular reports on procurement activities, spend, and savings. Risk Management and Mitigation Identify potential risks in the supply chain and develop strategies to mitigate these risks. Ensure continuity of supply by developing alternative sourcing options for critical items. Cross-Functional Collaboration Collaborate with IT, finance, legal, and project management teams to identify procurement needs, streamline purchasing, and support operational goals. Engage with stakeholders to understand software and equipment requirements for new projects.
Education
MBA
Employment Type
Full Time
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