You will learn to spearhead the purchasing process from selecting suppliers to ensuring stock optimization, as well as provide guidance on sourcing and procurement processes, IS0 9001 & regulatory processes within the business
Devise and make use of beneficial sourcing strategies
Manage existing supplier relationships
Develop qualified vendor pool by utilizing appropriate procurement evaluation tools and processes such as building sourcing strategy, RFX, contract negotiation and partnership management
Negotiate with external vendors to secure advantageous terms
Drive procurement efficiency by implementing the best practices through framework contract, rate card, catalogue SKU buying, punch out, etc
Accountable for managing procurement end to end processes including contract execution and monitoring project deliverables and key milestones
Develop supplier performance management programs and business allocation policy & process to manage supplier contractual obligations/violations
Track and report key functional metrics to reduce expenses and improve effectiveness
Collaborate with key persons to ensure clarity of the specifications and expectations of the company
Foresee alterations in the comparative negotiating ability of suppliers and clients
Expect unfavourable events through analysis of data and prepare control strategies
Perform risk management for supply contracts and agreements
Control spend and build a culture of long-term saving on procurement costs
Knowledge of sourcing and procurement techniques as well as a dexterity in “reading” the market
Talent in negotiations and networking
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