Procurement Specialist

SUMMARY:
Procurement Specialist to lead all procurement activities for raw materials, capital assets, services, and consumables. The role will include the development and implementation of procurement strategies, including aligning procurement activities with the organisation's overall business objectives, identifying and mitigating risks, and ensuring compliance with relevant regulations.

POSITION INFO:
Qualification

• Bachelor’s Degree in Procurement or Supply Chain or equivalent
• A Postgrad Degree or CIPS Level 6 in Procurement and Supply is advantageous

Requirements

• Minimum 6-8 years in procurement-related roles with management experience, with a proven track record of success in contract negotiations.
• Knowledge of the electronics industry will be advantageous.
• In-depth knowledge of supply chain management and logistics
• In-depth understanding of quality management systems
• A good understanding of financial management is advantageous.
• Possess experience in contract management extending to second/third-tier suppliers and subcontractors.
• Strong understanding of procurement and ERP systems.

Duties
Implement efficient procurement strategies through negotiation and securing favourable supplier terms.
Support end-to-end Procurement and Supply Chain activities in line with the company procurement policy.
Oversee the procurement process by managing all aspects of the procurement process, from requisition to payment, ensuring that all steps are completed efficiently and accurately.
Provide support and advice to leadership teams and relevant business stakeholders in relation to procurement processes, policies, and best practices.
Guide internal business stakeholders on areas of cost saving and the execution thereof.
Act as a key player in supplier and subcontractor vetting process.
Liaise with key company stakeholders to determine their product and service needs and assist in maintaining current and searching for potential new suppliers.
Monitor business trends and product availability to pay the best price for company goods and services without sacrificing quality or delivery times.
Prepare and present reports on procurement activities to senior management, providing insights and recommendations on procurement targets, results, and shortfalls.
Ensure that contracts and agreements with suppliers are in place, up to date, robust, and risk-free, and the organisation receives the best value for its expenditure.
Cultivate strong relationships with suppliers to ensure timely deliveries and efficient inventory management.
Manage supplier performance by monitoring their service to the company, identifying and addressing any issues, and working with the suppliers to improve their performance.
Ensure all activities related to sourcing and procurement of necessary materials and supplies are carried out to meet operational, project, and programme demands to support short- medium and longer-term objectives
Understanding of INCOTERMS and import procedure (Documents for customs clearance)
Liaise with the channel partners to obtain the detailed volume requirements for sustaining a successful product range.
Ensure compliance by ensuring that all procurement activities are conducted in a compliant and ethical manner, adhering to all relevant regulations and policies.

 

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