Job Description
Job Summary:The Procurement Officer is responsible for sourcing, negotiating, and purchasing goods and services required by the organization. They ensure that procurement activities are conducted in a cost-effective, timely, and compliant manner, aligning with the company's policies and standards.
Key Responsibilities:
- Develop and implement procurement strategies to meet organizational needs.
- Identify potential suppliers and evaluate their capabilities and reliability.
- Prepare and issue purchase orders, RFQs, and tenders.
- Negotiate prices, terms, and contracts with suppliers to secure optimal terms.
- Monitor supplier performance and maintain good supplier relationships.
- Ensure compliance with procurement policies, procedures, and legal requirements.
- Maintain accurate procurement records and documentation.
- Coordinate with internal departments to understand their procurement needs.
- Conduct market research to stay informed about market trends and pricing.
- Manage procurement budgets and track expenditure.
- Address and resolve procurement-related issues and discrepancies.
Qualifications & Skills:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field.
- Proven experience in procurement or purchasing roles.
- Strong negotiation and communication skills.
- Knowledge of procurement software and MS Office Suite.
- Familiarity with legal and contractual aspects of procurement.
- Ability to analyze market data and prepare reports.
- Attention to detail and organizational skills.
- Ability to work under pressure and meet deadlines.
Preferred Qualifications:
- Relevant certifications such as CPSM, CIPS, or equivalent.
- Experience with ERP systems (e.g., SAP, Oracle).