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- Identifying and evaluating potential suppliers, negotiating contracts, and establishing relationships with vendors to ensure a stable and reliable supply chain.
- Negotiating terms and conditions, including prices, payment terms, and delivery schedules, to secure favorable agreements for the organization.
- Managing relationships with suppliers, monitoring their performance, and addressing any issues or concerns to ensure that they meet quality and delivery expectations.
- Identifying and mitigating potential risks in the supply chain, such as supply disruptions, price fluctuations, and changes in market conditions.
- Developing and managing budgets related to procurement activities, ensuring that expenditures align with organizational goals and financial constraints.
- Ensuring compliance with legal and regulatory requirements, as well as internal policies and procedures related to procurement and purchasing activities.
- Staying informed about market trends, industry developments, and new products to make informed decisions about sourcing and procurement strategies.
- Collaborating with other departments, such as production, finance, and logistics, to coordinate and optimize the overall supply chain and contribute to the organization's success.
- Drafting, reviewing, and managing contracts with suppliers, including terms and conditions, service level agreements, and other relevant documentation.
- Establishing key performance indicators (KPIs) and metrics to assess the efficiency and effectiveness of the procurement process, and implementing improvements as needed.
- Prepare and present necessary reports.
Requirements: - Bachelor's Degree in business, supply chain management, procurement, logistics, or a related field.
- Professional Certifications in Supply Management
- 5 – 6 years experience in similar roles
Competences and Skills: - Ability to negotiate favorable terms and conditions with suppliers to achieve cost savings and favorable contractual agreements.
- Effective communication is crucial for interacting with suppliers, team members, and other departments.
- Strong analytical skills to assess market trends, supplier performance, and cost-benefit analyses. Data-driven decision-making is essential for effective procurement.
- The ability to develop and implement strategic sourcing plans aligned with organizational goals and market conditions.
- Skill in building and maintaining positive relationships with suppliers, assessing their performance, and managing any issues that may arise.
- Ability to identify potential risks in the supply chain and develop strategies to mitigate those risks.
- Understanding of relevant laws and regulations governing procurement activities, as well as experience in drafting and managing contracts.
- Knowledge of budgeting, cost analysis, and financial reporting to effectively manage procurement budgets and assess cost-effectiveness.
- Commitment to ethical business practices and the ability to make decisions that align with the organization's values.
- Continuous awareness of market trends, industry developments, and new technologies to make informed decisions about sourcing strategies.
- Effective project management skills to coordinate and oversee procurement activities from initiation to completion.
- Ability to prioritize tasks and manage time efficiently, especially when dealing with multiple projects and deadlines.
- Collaboration with cross-functional teams, including finance, production, and logistics, to ensure alignment of procurement activities with overall business objectives.
- Strong problem-solving skills to address issues that may arise in the procurement process, such as supplier shortages or quality concerns.
- Flexibility and adaptability to navigate changes in market conditions, supplier landscapes, and organizational priorities.
- A mindset for continuous improvement, seeking opportunities to optimize processes and enhance the efficiency of procurement activities.
- Leadership skills to guide and motivate the procurement team, set strategic direction, and drive results.
- Comfort with procurement and supply chain management software and technology tools to streamline processes and improve efficiency.
What's great in the Job? - Great team of smart people, in a friendly and open culture
- Real responsibilities and challenges in a fast evolving company
Procurements Supervisor - Lagos, Nigeria - DTV and Company Limited
Description
Responsibilities: