JOB DETAILS:
Job description:
The Procurement Officer is responsible for the procurement of goods and services in a strategic, efficient, and compliant manner, ensuring the organization obtains the best value for its spend.

Job Responsibilities:
Procurement Planning and Strategy:
• Develop and implement procurement strategies that align with the organization’s goals and objectives
• Conduct thorough market research to identify potential suppliers
• Develop and maintain supplier relationships

Vendor Management:
• Evaluate and qualify potential suppliers based on price, quality, delivery, and other relevant factors
• Negotiate and manage supplier contracts to optimize terms and minimize costs

• Maintain ongoing relationships with key suppliers to ensure continuous supply and quality

Purchase Order Management:
• Create and process purchase orders in compliance with established procedures
• Monitor the status of purchase orders to ensure timely delivery and quality
• Handle discrepancies and disputes with suppliers

Spend Analysis and Cost Control:
• Analyze procurement spend to identify cost-saving opportunities
• Implement strategies to optimize spend, such as vendor consolidation and volume discounts

• Collaborate with other departments to reduce procurement costs

Compliance and Risk Management:
• Ensure compliance with all applicable laws, regulations, and company policies
• Conduct risk assessments to identify and mitigate potential procurement risks
• Implement ethical practices and promote sustainability

Other Responsibilities:
• Stay abreast of industry best practices and technological advancements
• Participate in cross-functional projects related to procurement
• Provide training and support to other members of the procurement team

Qualifications:
• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field
• 3+ years of experience in procurement or a related role
• Strong analytical and problem-solving skills
• Excellent negotiation and communication abilities
• Knowledge of procurement best practices and industry standards
• Proficiency in Microsoft Office Suite and procurement software
• Ability to work independently and as part of a team
• Strong attention to detail and ability to meet deadlines