Strategic Procurement Planning: Develop and implement a comprehensive procurement strategy aligned with the companys overall business objectives
Supplier Relationship Management: Establish and maintain strong relationships with suppliers ensuring timely delivery quality standards and competitive pricing
Contract Negotiation: Negotiate and manage contracts with suppliers to secure favorable terms and conditions including pricing payment terms and performance metrics
Cost Reduction: Identify opportunities for cost reduction and implement strategies to optimize procurement spend
Risk Management: Assess and mitigate procurement risks including supply chain disruptions quality issues and financial risks
Supplier Performance Evaluation: Establish and monitor key performance indicators (KPIs) to evaluate supplier performance and drive continuous improvement.
Procurement Systems and Processes: Oversee the procurement process from requisition to payment including supplier onboarding order placement and invoice processing and find opportunities for process efficiencies
Team Management: Lead and develop a team of procurement professionals providing guidance training and mentorship
Qualifications :
Bachelors Degree in Engineering Business Management or related field
Minimum of 5 years of relevant experience in procurement
Strong understanding of supply chain principles including sourcing negotiation and contract management
Broad knowledge of products and services commonly used in the financial and/or information technology sector
Excellent analytical and problemsolving skills
Strong communication and interpersonal skills
Ability to negotiate contracts terms and pricing effectively
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