Education & Experience:
- Bachelor's degree in Logistics, Business Administration, or a related field.
- Minimum of 8 years of experience in a procurement managerial role within leading MNC/Hypermarket/Hospitality divisions.
DUTIES & RESPONSIBILITIES:
- Establish and implement effective purchasing policies, procedures, and best practices.
- Monitor and ensure ongoing compliance with purchasing policies and procedures.
- Implement procurement policies to ensure timely and budget-conscious procurement of all items.
- Identify and source new suppliers and vendors, conducting thorough evaluations based on price, quality, support, capacity, and reliability.
- Develop and maintain strategic relationships with key suppliers and vendors.
- Establish and update an approved vendor/supplier database.
- Develop, negotiate, and administer purchasing agreements and contracts with suppliers.
- Evaluate contracts for compliance with legal requirements and organizational policies.
- Monitor supplier and vendor compliance with contractual agreements.
- Measure and manage vendor and supplier cost, quality, and delivery performance.
- Oversee supplier compliance with internal quality standards and external regulations.
- Address cost, quality, and delivery concerns promptly and effectively.
- Develop and implement policies for "zero" or "minimum cash transaction" procedures.
- Manage risks related to quality, cost, delivery, and supply of purchases.
- Introduce performance improvement measures for suppliers and vendors.
- Collaborate with relevant departments to manage inventory requirements.
- Facilitate timely placement of purchase orders.
- Review purchase orders for authorization and compliance with organizational policies.
- Develop and manage purchasing budgets and forecasts.
- Monitor and reduce purchase variances to meet profit objectives.
- Produce regular reports on purchase commitments, costs, and delivery performance.
- Oversee the daily activities of the purchasing department and ensure smooth operations.
- Evaluate the performance of staff, provide development opportunities, and motivate the purchasing team.
- Drive continuous improvement of purchasing processes aligned with organizational needs and market conditions.
- Initiate and develop R&D functions within the purchasing department.
- Fulfill any additional requirements imposed by the organization to improve functions, processes, and procedures.
Required Skills:
- Excellent communication and negotiation skills with suppliers.
- Previous work experience as a Purchaser or in a similar role.
- Proficiency in creating cost reports and other financial reports.
- Understanding of supply chain procedures.
- Hardworking with a positive attitude.
- Proficient in using MS Office applications.
- Excellent networking and time management skills.
Job Type: Full-time
Experience:
- Supply Chain Management: 8 years (Required)
This job has been sourced from an external job board.
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