Procurement Manager at IBIC Holdings Limited

IBIC Holdings Limited is an investment firm with primary engagement in real estate development & brokerage, cryptocurrency investment & exchange. Our interests also cut across farming (poultry, piggery, plantation, snail & fish farming), logistics & haulage as well as cleaning & fumigation services. Our competitive edge includes our domain expertise, track record, excellent management, innovation and strong corporate values. In all our business offerings, the ultimate goal is to deliver superior value to our chosen markets.

We are recruiting to fill the position below:

Job Title: Procurement Manager

Location: Lekki, Lagos
Employment Type: Full-time

Job Overview

• As the Procurement Manager, you will be responsible for overseeing the sourcing, purchasing, and inventory management of all goods and services required for the efficient operation of our hospitality establishment.
• This role ensures that procurement activities are aligned with the our standards of quality, cost-efficiency, and timely delivery.
• The ideal candidate will have extensive experience in procurement and inventory management within the hospitality industry.

Key Responsibilities
Procurement Strategy and Operations:

• Develop and implement procurement strategies to ensure cost-effective sourcing of high-quality products and services.
• Establish and maintain relationships with suppliers, vendors, and service providers.
• Negotiate contracts, pricing, terms, and delivery schedules with suppliers.
• Ensure compliance with legal and regulatory requirements in procurement activities.

Inventory Management:

• Oversee inventory management processes, including ordering, receiving, storing, and distributing supplies.
• Develop and implement inventory control systems to optimize stock levels and reduce waste.
• Conduct regular inventory audits and reconcile discrepancies.
• Monitor and forecast inventory needs based on hotel occupancy and event schedules.

Cost Control and Budgeting:

• Prepare and manage the procurement budget, ensuring adherence to financial targets.
• Identify cost-saving opportunities without compromising quality and service standards.
• Analyze market trends and conditions to anticipate potential pricing fluctuations.

Quality Assurance:

• Ensure that all procured items meet the hotel’s quality standards and specifications.
• Coordinate with department heads to understand their specific needs and preferences.
• Address and resolve any issues related to product quality or supplier performance.

Supplier Relationship Management:

• Evaluate and select suppliers based on quality, reliability, and cost-effectiveness.
• Maintain a preferred supplier list and periodically review supplier performance.
• Foster strong working relationships with key suppliers to secure favorable terms and reliable service.

Reporting and Documentation:

• Maintain accurate records of all procurement activities, contracts, and transactions.
• Prepare regular reports on procurement activities, inventory status, and cost analysis.
• Utilize procurement software and tools to streamline processes and improve efficiency.

Team Leadership:

• Lead and manage the procurement team, providing guidance, training, and support.
• Foster a collaborative and proactive team environment focused on continuous improvement.

Qualifications

• Bachelor's Degree in Supply Chain Management, Business Administration, Hospitality Management, or a related field.
• Minimum of 5 years of experience in procurement, preferably within the hospitality industry.
• Strong knowledge of inventory management principles and practices.
• Proven negotiation skills and experience in contract management.
• Excellent organizational and multitasking abilities.
• Proficiency in procurement software and Microsoft Office Suite.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work under pressure and meet tight deadlines.

Additional Requirements:

• Flexibility to work occasional evenings, weekends, and holidays as needed.
• Knowledge of sustainable and ethical sourcing practices is a plus.
• Professional certification (e.g., CPP, CPIM, CSCP) is an advantage.

Application Closing Date
3rd June, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.