The Procurement Officer is responsible for acquiring goods and services essential for the company’s operations. This role involves researching suppliers, negotiating contracts, and ensuring that procurement processes comply with company policies and industry standards.

Key Responsibilities

• Supplier Management: Identify and evaluate potential suppliers, build relationships, and manage supplier performance to ensure reliability and quality.
• Contract Negotiation: Negotiate terms and conditions with suppliers to achieve the best possible price, quality, and service.
• Purchase Order Management: Prepare and issue purchase orders and ensure the timely delivery of goods and services.
• Inventory Management: Work closely with inventory control to monitor stock levels and ensure optimal inventory to avoid shortages or excess.
• Cost Management: Analyze market trends and supplier pricing to minimize procurement costs while maintaining quality standards.
• Compliance: Ensure that all procurement activities comply with legal and regulatory requirements as well as company policies and procedures.
• Vendor Performance Evaluation: Conduct regular assessments of supplier performance and take corrective actions when necessary.
• Reporting: Prepare and maintain procurement reports, including purchase orders, invoices, and cost analyses.

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• 2+ years of experience in procurement or supply chain management.
• Strong negotiation and communication skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Excellent analytical and problem-solving abilities.
• Knowledge of contract law and procurement regulations.

Preferred Skills

• Familiarity with ERP systems.