Senior Commodity Specialist

SUMMARY:
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POSITION INFO:

Our Client in the banking fraternity is looking for a Senior Commodity Specialist for their Group Procurement division.  The position is a contract position with highly negotable salary.  The candidate must be immediately available.

Purpose of this role

To support the refinement and implementation of identified category strategies including execution of the end-to-end Procurement sourcing process for identified commodities in line with our Client''s business strategy

Key Deliverables

• Execute the sourcing lifecycle in a structured manner by adhering to internationally recognised strategic sourcing practices.

• Conduct diagnostic preplanning including market research; spend & commodity analysis and market analysis.

• Select sourcing strategy based on conducted risk assessment, financial indicators, contingency plans, with approval from stakeholders and executives.

• Determine which methodology and/or process should be used to execute sourcing strategies. Implement sourcing strategy).

• Go to market through developing and conducting sourcing events. Identify synergies, strategy and innovative yet practical ways to achieve the strategic objectives and/or economies of scale.

• Generate dashboards, manage content and distribute. Review, analyse, interpret and report supplier spend data.

• Identify opportunities and/or conduct price benchmarking to develop and enhance sourcing strategies and make recommendations for cost optimisation.

• Track and record signed off savings for verification. Share knowledge and industry trends with team. Keep abreast of legislation and other industry changes that impacts on role.

• Contribute to a culture of transformation by participating in the Company culture building initiatives, business strategy, and procurement transformation initiatives.

• Stay abreast of developments in field of expertise, ensuring personal and professional growth. Understand and embrace the the Company vision and values, leading by example.

• Be proficient in internal procurement policies and procedures and governance, risk and compliance methodologies.

• Coach and mentor others in procurement related roles and functions. Manage the supplier relationships effectively.

• Facilitate, enable and build trust-based relationships with senior management and suppliers.

• Understand business requirements for effective procurement execution.

• Formulate, implement, manage and monitor an action plan with internal stakeholders to optimally enhance supplier relationships.

• Manage and maintain internal and external stakeholder relationships.

• For strategic suppliers, conduct internal and external stakeholder surveys and the score carding thereof to ensure comprehensive supplier performance management.

• Provide internal systems knowledge training and procurement processes training and education and awareness.

• Provide a procurement query resolution service to effectively deal with procurement queries.

• Build cross Cluster relationships to identify, develop and influence joint synergies on procurement strategies.

• Seek opportunities to improve business processes and systems.

• Ensure that preferential procurement EE targets are achieved in line with Financial Sector Charter (FSC) and Company targets.

• Author, communicate, implement, and monitor adherence to procurement related policies across the bank.

Formal Qualifications

Essential Qualifications - NQF Level

• Postgraduate Diploma/National Honours Degree in Procurement or related

Preferred Certifications

CIPS/M-CIPS (Certified Institute of Purchasing and Supply)

Experience

5-10 years middle management experience, preferably in the Financial Services Industry

MS Excel proficiency at an intermediate to advanced level

Technical Competencies

· Conducting root cause analysis

· Analysing situations or data that requires an in-depth evaluation of multiple factors

· Developing ways to minimize risks

· Managing conflict situations

· Influencing stakeholders to obtain buy-in for concepts and ideas

· Sharing information in different ways to increase stakeholders understanding

· Challenging the status quo with a view to improving the environment or peoples understanding

· Working knowledge of contracts

· Managing multiple projects2

Conducting market research to identify trends and formulate strategies or action plans

Behavioural Competencies

· Identifying and understanding problems and opportunities by gathering, analyzing, and interpreting quantitative and qualitative information; choosing the best course of action by establishing clear decision criteria, generating and evaluating alternatives, and making timely decisions; taking action that is consistent with available facts and constraints and optimizes probable consequences.

· Encouraging others to implement better approaches to address problems and opportunities; leading the implementation and acceptance of change within the workplace.

· Using appropriate interpersonal styles to establish effective relationships with customers and internal partners; interacting with others in a way that promotes openness and trust and gives them confidence in one’s intentions.

· Clearly and succinctly conveying information and ideas to individuals and groups in a variety of situations; communicating in a focused and compelling way that drives others’ thoughts and actions.

· Supporting customers during the implementation of contracts and throughout the relationship; seeking and taking appropriate actions on customer feedback; resolving difficult issues in a timely and professional manner;

· Having achieved a satisfactory level of technical, functional, and/or professional skill or knowledge in position-related areas; keeping up with current developments and trends in areas of expertise; leveraging expert knowledge to accomplish results.

All applications to be sent directly or to --------Please upload your CV here-------->.  If you have not received a response from us in 2 weeks please consider your application unsuccessful.

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