Job Title: Procurement Specialist
Location: Benin City, Edo
General Responsibilities
- The job is responsible for oversight of all revenue-related purchasing and inventory management for all strategic business units in the hotel towards ensuring high quality, cost-effective, reliable and efficient procurement and distribution of supplies.
Activities
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- Develops and implement strategies and templates for procuring, storing, and distributing goods or services and maintaining stock levels
- Establishes and implements robust company-wide purchasing procedures and policies
- Track inventory, logistics and supply of goods
- Maintains data on procurement cycles and utilises that knowledge for accurate procurement forecasting
- Prepares detailed reports on inventory operations, stock levels, and adjustments to guide Management decision making
- Inspects the levels of business supplies and materials to identify shortages.
- Ensure product stock is adequate for all outlets and can cover direct demand from customers.
- Conducts continuous improvement of the company’s procurement procedures, supply chain, and logistics management with a view to reducing costs
- Maintains standardization with regard to quality and specification of purchases and supply
- Analyzes different suppliers and supply sources to obtain the most cost-effective deals and timelines.
- Develops procurement strategies that are inventive and cost-effective.
- Manages the procurement budget and promotes a culture of saving on procurement costs through long-term procurement planning
- Takes the lead in screening and reviewing bids and quotations and negotiating contracts, reviewing final contract language, supplier’s bills etc.
- Approves purchase orders and organizes and confirms delivery of goods and services
- Reviews purchase requests and ensures approval is in place for large spend items before discussions and negotiations commence
- Manages the process of sourcing and engaging reliable suppliers and vendors.
- Contributes to negotiations with suppliers and vendors to secure advantageous terms
- Building and maintaining long-term relationships with vendors and suppliers
- Liaises with suppliers to understand market conditions and any potential impact these might have on pricing
- Ensures the integrity of the competitive process, facilitates bidder debriefings and exercises appropriate judgement and tact while ensuring the protection of confidential information
- Any other duties as may be assigned to you by your manager.
Accountabilities
- Profit Margin
- Compliance Rate
- Vendor fulfilment rate
- Vendor lead time
- Procurement fulfilment rate
- Procurement lead time
- Vendor size
- Purchase order cycle time
- Procurement Return on Investment
- Vendor defect rate
- Purchase Order and invoice accuracy
- Supplier defect rate
- Emergency Purchase ratio
Context:
- An Electricity Distribution Company in a highly regulated sector of the economy with serious concern for effective processes and outcomes, a diversified workforce of technical and professional staff to provide excellent administrative support services to management and staff.
Qualifications / Experience / Skills
Qualifications:
- Minimum of Higher National Diploma (HND) / Bachelor’s Degree (B.Sc.) in any relevant discipline.
- A Masters in Degree in Purchasing and Supply or Purchasing and Logistics or an MBA or equivalent postgraduate degree will be an added advantage
- A member of the Chartered Institute of Purchasing and Supply (CIPS) or a related field is an added advantage
Experience:
- 3 years’ experience in Procurement and Supply Chain
- Competitor Analysis;
- Industry & Market Knowledge;
- Strategy and Business Performance;
- Business ethics associated with dealing with suppliers and internal customers is essential; etc
- Ability to use basic computer software
Skills:
- Excellent written and oral communication skills;
- Leadership Skills;
- Negotiation skills;
- Planning & Organising;
- Analytical skills and familiarity with data analysis principles;
- Commercial Awareness;
- Strong organizational skills;
- Relationship Management;
- Microsoft Office Proficiency;
- Project Management;
- Financial Management;
- Operations Management;
- Purchasing and Supply Chain Management;
- Proven ability to utilize and develop computerized spreadsheets and word-processing applications;
- Procurement Technology adaptation;
- Keen attention to detail and accuracy; etc
HOW TO APPLY
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.
Deadline: February 22, 2023
Job Features
Job Category | Specialist |