Posted on Fri 01st Mar, 2024 - hotnigerianjobs.com --- (0 comments)
Uncle Stan's Foods is a small chops company known for it's unique finger food taste all over Lagos. Our brand makes us unique.
We are recruiting to fill the position below:
Job Title: Procurement Officer
Location: Lagos
Employment Type: Full-time
Job Summary
The Procurement Officer, with a minimum of three years of experience, plays a crucial role in the efficient functioning of the procurement department.
Responsible for sourcing, purchasing, negotiating, and coordinating with suppliers, this role ensures the timely acquisition of goods and services required by the organization.
The incumbent utilizes their expertise to optimize procurement processes, minimize costs, and maintain high standards of quality and efficiency.
Key Responsibilities
Sourcing and Supplier Management:
Identify and evaluate potential suppliers based on quality, price, reliability, and delivery speed.
Maintain and nurture relationships with existing suppliers while actively seeking new vendors to expand the supplier base.
Negotiate contracts, terms, and pricing agreements with suppliers to secure favorable terms for the organization.
Continuously monitor supplier performance and address any issues related to quality, delivery, or pricing promptly.
Procurement Planning and Execution:
Collaborate with internal stakeholders to understand procurement needs and develop procurement plans aligned with organizational objectives.
Prepare purchase orders, requisitions, and contracts ensuring accuracy and compliance with procurement policies and procedures.
Execute procurement processes efficiently, ensuring timely delivery of goods and services while adhering to budgetary constraints.
Evaluate and select appropriate procurement methods such as competitive bidding, negotiations, or framework agreements based on the nature of the requirement.
Cost Management and Budgeting:
Analyze pricing trends, market conditions, and supplier performance data to identify cost-saving opportunities.
Develop and implement strategies to optimize procurement costs without compromising quality or service levels.
Assist in the preparation of annual procurement budgets, monitor expenditure against budgets, and provide regular reports on budget variance.
Contract Management and Compliance:
Manage contracts and agreements with suppliers, ensuring compliance with legal requirements and organizational standards.
Review contract terms and conditions to mitigate risks and protect the interests of the organization.
Monitor contract milestones, renewals, and terminations, and facilitate contract amendments as necessary.
Documentation and Reporting:
Maintain accurate procurement records, including purchase orders, contracts, invoices, and supplier correspondence.
Generate regular reports on procurement activities, expenditure, and performance metrics for management review.
Ensure compliance with regulatory requirements and internal audit standards related to procurement documentation and reporting.
Qualifications and Skills
Bachelor's Degree or ND or HND
Minimum of three years of experience in procurement or purchasing roles, preferably in a corporate or organizational setting.
Strong negotiation skills with the ability to secure favorable terms and pricing agreements.
Excellent analytical and problem-solving abilities to assess supplier capabilities and identify cost-saving opportunities.
Proficiency in procurement software and Microsoft Office applications, particularly Excel for data analysis and reporting.
Sound knowledge of procurement principles, contract law, and supply chain management practices.
Effective communication skills with the ability to interact confidently with internal stakeholders and external suppliers.
Detail-oriented with a focus on accuracy and compliance in procurement processes and documentation.
Application Closing Date
Not Specified.
Method of Application Interested and qualified candidates should send their CVto: [email protected] using the Job Title as the subject of the mail.