ROLE
OVERVIEW
This role is responsible to manage an efficient and
effective Procurement operation for the procurement of materials, supplies,
equipment, and services based upon Procurement policy and procedures and align
with company’s objectives.
KEY
RESPONSIBILITIES
Sourcing
& Contracting
·
Develop sourcing strategies, conduct market research,
and evaluate suppliers.
·
Negotiate and manage contracts, ensuring compliance with
terms, regulations, and service levels.
Requisition
& Purchase Order Management
·
Oversee requisitions, approvals, and issuance of
purchase orders.
·
Ensure accurate, timely procurement transactions in line
with policies and budgets.
·
Work with Accounts Payable on invoice/payment
processing.
Vendor
Management
·
Build and maintain strong supplier relationships.
·
Monitor supplier performance, resolve issues, and drive
continuous improvement.
Strategic
Alignment & Stakeholder Management
·
Work closely with internal stakeholders to understand
business needs and ensure alignment of procurement strategies with
organizational goals.
·
Act as a trusted advisor to internal stakeholders on
procurement strategies, risk mitigation, and cost optimization.
Policy,
Risk Management & Compliance(Governance Enhancement)
·
Develop, communicate, and update procurement policies
and procedures.
·
Train stakeholders to ensure adherence to guidelines and
best practices.
·
Identify and manage procurement risks, ensuring supplier
compliance with ethical, legal, and regulatory standards.
·
Support audit requirements and maintain documentation
for transparency and accountability.
Reporting
& Data Management
·
Track procurement KPIs and prepare regular management
reports.
·
Analyze spend and performance data to identify cost
savings and process improvements.
·
Maintain accurate, cleansed procurement data.
Project
& Change Management
·
Lead procurement-related projects, ensuring alignment
with timelines and budgets.
·
Support change management in processes, systems, and
policies.
·
Collaborate cross-functionally to address business
needs.
Continuous
Improvement & Innovation
·
Streamline procurement processes and adopt technology
solutions.
·
Drive quality assurance, compliance, and innovation in
sourcing and procurement practices.