Procurement Manager

SUMMARY:
Reporting to the Commercial Manager you will be responsible for the entire management, setup and operations of procurement.

POSITION INFO:

Manage and evaluate vendor partnerships and manage ways to achieve procurement savings and improve value-add across the business. Responsible for managing many buyers in the organisation.

Qualification, Skills and Experience:

• Bachelor’s degree in Business, Economics and Finance or a related field.
• At least 5 years’ experience in a similar role with a medium to large organisation
• Manufacturing sector experience is essential
• Experience in procurement management, financial analysis and strong negotiation skills.
• High-level skills with ERP systems and software packages
• Strong people management and performance management skills
• High-level business acumen
• Project Management skills
• Formulating and improving business practices
• Financial administration skills - financial models, projections and forecasts
• Commercial Market awareness
• Creative thinker and problem-solver, applying analytical skills to the business

KEY PERFORMANCE AREAS

• Manage and be accountable for procurement with the financial effect of all elements
• Ensuring best practices in procurement and work towards a true JIT stock system.
• Ensure that key products are identified and maintain content that is benchmarked against the broader markets through a tender request for pricing processes
• Responsible to ensure budgeted material percentage is achieved along with procurement savings
• Negotiate competitive pricing, terms and rebates with suppliers and manage key suppliers
• Work closely with production and sales to ensure accurate consumables forecasting
• Follow up on Account Supplier queries for payment
• Develops and implements procurement strategies that are innovative and cost-effective
• Regularly interact with the buying team to monitor procurement processes
• Work closely with stores and production to ensure that orders are delivered on time
• Continuously look at alternative materials to save costs without compromising quality
• Conduct market research and develop detailed business plans on procurement opportunities.
• Develops and drives supplier scorecards
• Provides technical guidance to key stakeholders working within the supply chain.
• Drive the Enterprise and Supplier Development component of the BBBEE scorecard.
• Work with the Stores Manager using the necessary reporting tools to monitor and manage: Stock levels, Stock ageing, Stock turn, Slow-moving and obsolete stock, Financial provisions against inventory, Ensuring that there are no disruptive stock-outs
• Responsible for performance management of staff and conducting performance appraisals

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