Procurement Officer

Description:

• MatricRequirements
  
  • 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 procurementDuties
    
    • 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