Procurement Manager

Job Summary:

As a Procurement Specialist, your primary responsibility is to oversee and optimize the procurement process to ensure the seamless acquisition of goods and services required for the platform's operations. You will play a crucial role in sourcing reliable vendors, negotiating contracts, and managing supplier relationships to support the platform's growth and success.

Job Duties:

• Develop and implement procurement strategies for the FMCG Marketplace, ensuring timely and cost-effective acquisition of goods and services from reputable vendors.
• Managing daily purchasing activities, supervising staff, and allocating tasks.
• Source, evaluate, and negotiate contracts with vendors to secure favorable terms, pricing, and conditions while maintaining high-quality standards.
• Manage vendor relationships, conduct performance evaluations, and collaborate with vendors to optimize the supply chain and resolve any issues that may arise.
• Oversee the end-to-end procurement process, from requisition to delivery, ensuring compliance with internal policies and industry regulations.
• Analyze market trends, conduct pricing research, and identify cost-saving opportunities to optimize procurement operations.
• Collaborate with cross-functional teams, including product development, marketing, finance, and operations, to understand their procurement needs and align them with the platform's objectives.
• Utilize data analytics tools to assess procurement performance, track key performance indicators (KPIs), and generate reports for senior management.
• Stay updated on industry best practices, emerging technologies, and sustainable procurement initiatives to drive continuous improvement.
  

• Develop and maintain a robust supplier network, continuously seeking new and innovative vendors to enhance the platform's offerings.

• Managing the maintenance of office/manufacturing equipment and machinery.

• Working to improve purchasing systems and processes.

• Training new employees in the purchasing process and how to use the purchasing system.

Job Requirements:

Education:

Bachelor's degree in Business Administration, Supply Chain Management, or a related field

Years of Experience

• Minimum of 5 years of relevant experience in procurement, sourcing, or supply chain management, preferably within the FMCG or e-commerce industry.
• Supervisory and management experience

Skills & Competencies

• Strategic Sourcing: Ability to develop and execute procurement strategies aligned with business goals.

• Negotiation Skills: Strong negotiation abilities to secure favorable terms and pricing with vendors.

• Vendor Management: Expertise in evaluating and managing vendor relationships to ensure a reliable supply chain.

• Data Analysis: Proficiency in using data analytics to drive informed procurement decisions and identify trends.

• Cross-Functional Collaboration: Excellent communication and collaboration skills to work effectively with diverse teams and stakeholders.

• Compliance and Risk Management: Knowledge of relevant regulations and ability to mitigate potential procurement risks.

• Budget Management: Skill in working within budgetary constraints and optimizing procurement spending.

• Market Awareness: Stay informed about industry trends and market dynamics to make informed procurement choices.

• Sustainable Procurement: Awareness of sustainable and ethical procurement practices to support responsible sourcing.
• Strong planning and organizational skills.

Knowledge

In-depth understanding of procurement principles, supply chain management, and contract administration.

Familiarity with market analysis, pricing trends, and industry-specific procurement practices.

Knowledge of compliance requirements, legal standards, and best practices in procurement operations.