Procurement Officer at Advonics Services Nigeria Limited

Advonics Services Nigeria Limited, based in Lagos, provides cutting-edge security, safety surveillance, telecoms, and logistics services to both local and international clients. Known for quality and integrity, Advonics has over 15 years of experience and a reputation for innovative, dependable solutions.

The company has successfully partnered with government bodies, including projects with the Federal Ministry of Transportation and Ministry of Aviation. With a commitment to advanced technology, Advonics continually adapts to meet evolving client needs and maintain high service standards.

We are recruiting to fill the position below:

Job Title: Procurement Officer

Location: Ikoyi, Lagos
Employment Type: Full-time

Responsibilities

• Procurement Management: Oversee all procurement activities, ensuring a streamlined process from vendor selection through to the issuance of purchase orders and tracking of inventory levels.
• Maintain accurate records of all procurement transactions to ensure transparency and accountability in the purchasing process.
• Vendor Selection and Relationship Management: Identify and evaluate potential suppliers based on their reliability, product quality, pricing, and ability to meet delivery timelines.
• Establish and maintain strong relationships with suppliers to foster collaboration and ensure optimal service levels, addressing any issues that arise promptly and effectively.
• Contract Negotiation: Lead negotiations with suppliers to secure favorable terms and pricing while ensuring compliance with company policies and budget constraints.
• Review and finalize contracts, ensuring they align with organizational needs and mitigate potential risks.
• Budget Compliance and Cost Control: Monitor procurement budgets to ensure that all purchasing activities remain within financial constraints.
• Implement cost-saving initiatives and strategies to maximize value without compromising quality or service.
• Market Research and Strategic Sourcing: Conduct thorough market research to stay informed about industry trends, pricing fluctuations, and new suppliers.
• Develop and implement innovative procurement strategies that enhance efficiency and reduce costs, leveraging data analytics to drive decision-making.
• Inventory Management: Collaborate with inventory management teams to ensure adequate stock levels are maintained, preventing shortages or overstock situations.
• Monitor inventory turnover rates and make recommendations for adjustments based on purchasing patterns and forecasted needs.
• Compliance and Reporting: Ensure compliance with all relevant laws, regulations, and internal policies governing procurement activities.
• Prepare and present procurement reports to management, highlighting key metrics, supplier performance, and areas for improvement.

Requirements

• Educational Background: Bachelor’s degree in Supply Chain Management, Business Administration, or a related field that provides a solid foundation in procurement principles.
• Experience: 2-3 years of professional experience in procurement or supply chain management, preferably within a high-tech or security solutions industry.

Skills and Attributes:

• Negotiation Skills: Strong negotiation abilities to secure favorable terms while maintaining positive supplier relationships.
• Inventory Management: Proficient in inventory management practices and tools, ensuring effective tracking and control of stock levels.
• Market Research Proficiency: Skilled in conducting comprehensive market research to inform procurement decisions and identify opportunities for cost savings.
• Technical Proficiency: Familiarity with procurement software and tools, with the ability to utilize technology to enhance procurement processes.
• Analytical Skills: Strong analytical thinking to evaluate supplier performance and purchasing data, enabling informed decision-making.
• Attention to Detail: Exceptional attention to detail to ensure accuracy in procurement records, contract terms, and inventory levels.
• Confidentiality and Integrity: Ability to handle sensitive vendor contracts and pricing information with confidentiality, maintaining the trust of suppliers and adherence to company policies.

Application Closing Date
11th November, 2024.

Method of Application
Interested and qualified candidates should:
Click here to apply online