Procurement Officer

Responsibilities:

• Source and evaluate suppliers based on quality, price, and reliability.
• Prepare and process purchase orders and procurement documents.
• Negotiate prices, contracts, and delivery terms with suppliers.
• Monitor inventory levels and coordinate replenishment.
• Ensure timely delivery of goods and services.
• Maintain accurate procurement records and documentation.
• Develop and maintain strong relationships with vendors.
• Conduct market research to identify new products and suppliers.
• Ensure compliance with procurement policies, legal requirements, and ethical standards.
• Resolve supplier performance issues and contract disputes.
• Prepare procurement reports and analyze purchasing trends.
• Collaborate with internal departments to understand purchasing needs.

Requirements:

• Bachelor's degree in Supply Chain Management, Procurement, Business Administration, Logistics, or a related field.
• Professional certification (e.g., CIPS or equivalent) is an advantage.
• Proven experience in procurement, purchasing, or supply chain management.
• Strong negotiation and communication skills.
• Excellent analytical and problem-solving abilities.
• Knowledge of procurement processes and contract management.
• Proficiency in Microsoft Office and procurement/ERP software.
• Strong organizational and time-management skills.
• Attention to detail and accuracy.
• Ability to work under pressure and meet deadlines.
• High level of integrity and professionalism.

Key Performance Indicators (KPIs):

• Cost savings achieved through procurement.
• On-time delivery rate.
• Supplier performance and quality compliance.
• Procurement cycle time.
• Contract compliance rate.
• Inventory availability and stock optimization.

Working Conditions:

• Office-based with occasional travel to supplier sites or meetings.
• Standard working hours, with flexibility during peak procurement periods.