SUMMARY:
Procurement Officer
POSITION INFO:
Qualification
Requirements
- Proven experience in procurement, sourcing, or supply chain management.
- Knowledge of procurement software and tools.
- Familiarity with supply chain processes and best practices.
- Knowledge of relevant laws and regulations governing procurement
Duties
- Sourcing Suppliers: Identify and evaluate potential suppliers, vendors, or contractors, including conducting market research to find the best options in terms of quality, cost, and reliability.
- Supplier Negotiations: Negotiate terms and conditions with suppliers, including pricing, delivery schedules, and payment terms, to secure advantageous agreements for the organization.
- Purchase Order Management: Generate purchase orders and manage the procurement documentation, ensuring accuracy and compliance with internal policies and procedures.
- Cost Analysis: Analyze and compare supplier quotations and cost proposals to make informed decisions that align with budgetary constraints and quality standards.
- Vendor Assessment: Continuously assess the performance of suppliers, monitor adherence to contracts, and work to resolve any issues or disputes that may arise.
- Inventory Management: Collaborate with relevant departments to monitor and control inventory levels, ensuring that stock is maintained at optimal levels to meet operational needs while minimizing excess inventory.
- Compliance: Ensure compliance with legal, ethical, and regulatory requirements in all procurement activities, such as adherence to procurement laws and ethical sourcing practices.
- Budget Management: Work within budgetary constraints to optimize spending and minimize procurement-related costs.
- Documentation and Reporting: Maintain accurate records of procurement activities and produce regular reports on procurement metrics and performance for management review.
- Continuous Improvement: Stay updated on industry trends, best practices, and emerging technologies in procurement to identify opportunities for process improvement and cost savings.
- Foreign purchasing: Placing of purchase orders with international Suppliers
