Procurement Manager at Rotation and Precision Machines Limited

Rotation and Precision Machines Limited is a sales and procurement firm that is engaged in providing engineering solutions in all manufacturing sectors. Rotation and Precision Machines Limited specializes in the supply of power transmission products, bearings, conveyor spares, industrial hoses, tools, maintenance (predictive and preventive), lubrication, seals, pumps, valves, gaskets, electric motors, gears drives, standard sand, sealing adhesives, fasteners, vulcanizing components, welding solutions, automation parts, etc. The company’s services also include technical support, installations, servicing, procurement services, consultancy, and surveys.

We are recruiting to fill the position below:

Job Title: Procurement Manager

Location: Lagos

The Role

• The candidate will develop and manage processes and policies that guides procurement and vendor management

Job Description

• Manage, coach, train, and mentor team members on improved and new procedures and skills.
• Source, onboard and manage vendors to achieve business measures: - Identifying intermediary vendors and eliminating 80% of intermediary vendors.
• Responsible for developing and tracking standard operating procedures in procurement activities.
• Develop clear cut KPIs for the team.
• Carry out competitive sourcing strategies to reduce procurement cycle time, establish transparency and traceability.
• Carry out competitive pricing analysis for decision making.
• Constantly tracking and ranking all suppliers on pricing, quality, and response time to help guide pricing team.
• Access the quality-of-service performance of the vendors in accordance with the company’s policies and profitability goals.
• Build and manage vendor management database and SLA adherence tracker.
• Agree Negotiating with vendors to secure advantageous terms.
• Develop and implement proper procurement policies, controls, SOPs, and Processes for the department.
• Manage and ensure strict adherence to the procurement guidelines.
• Responsible for tracking and ensuring that RPM wins at least 20% of quoted enquiries.
• Ensuring that the company’s vendors database is always kept secure.
• Build and maintain long-term relationships with vendors and suppliers.
• Stay informed on the latest industry techniques and methods.
• Develop customer satisfaction goals and coordinate with the team to meet daily goals.
• Collaborate with key stakeholders for effectiveness.
• Optimize sourcing procedures to attain maximum efficiency.

Job Requirements

• Bachelor's Degree in Administration or any related field.
• Minimum of 5 years work experience in technical engineering sourcing
• A thorough understanding of sourcing methodologies.
• Proven work experience as a team lead or manager
• Strong negotiation skills.
• Excellent interpersonal and communication skills.
• Deep understanding of procurement (Sourcing)
• Sound time-management and organizational skills.
• Good understanding of margins when pricing
• Must have very good analytical skills (spreadsheet ninja)
• Must have very good people management and issue resolution skills
• Ability to negotiate and sustain networking relationships
• Proficiency in Microsoft Word, PowerPoint, Excel, and Outlook.

Application Closing Date
29th April, 2024.

How to Apply
Interested and qualified candidates should send their Application Letter and CV to: [email protected] using the job title as the subject of the email.