KEY ACCOUNTABILITIES:
Strategic:
- Assist in the identification and evaluation of potential suppliers.
- Maintain relationships with existing suppliers and support performance monitoring.
- Aid in the supplier onboarding process, ensuring adherence to company policies and standards.
- Support the development and implementation of sourcing strategies for indirect procurement categories.
- Assist in negotiating terms and conditions with suppliers to achieve cost savings and service quality.
- Conduct market research to identify trends, pricing, and supplier options.
- Analyze supplier proposals and prepare recommendations for procurement decisions.
- Aid in drafting and reviewing contracts and agreements with suppliers.
- Track contract expiration dates and support the contract renewal process
- Support cost-saving initiatives and track progress against targets.
- Prepare reports on procurement activities, including spend analysis and supplier performance metrics.
- Assist in developing procurement budgets and forecasts.
- Communicate effectively with suppliers and internal teams to ensure smooth procurement operations.
- Participate in cross-functional projects and initiatives as required.
Operational:
- Process purchase orders and maintain procurement documentation in compliance with company policies.
- Ensure all procurement activities comply with legal and regulatory requirements.
- Collaborate with internal stakeholders to understand and fulfill their procurement needs.
Procurement Reporting:
- Prepare timely and accurate reports for procurement function to meet department goals and department requirements, policies, and standards.
- Provide reports and participate in procurement review discussions.
- Review market reports on price trends and material trends; coordinate with the Procurement Manager and internal stakeholders to define future-focused procurement plans.
QUALIFICATIONS, EXPERIENCE, & SKILLS:
Academic and professional qualifications:
- Bachelors degree in Business Administration, Supply Chain Management, or a related field
Experience:
- 2-3 years of experience in indirect procurement, supply chain, or a related field
