Pocurement Lead at Ideon Limited

Description

The Procurement Lead will be responsible for efficiently manage the procurement process to ensure the timely acquisition of goods, services, and equipment necessary for the company operations.

Duties & Responsibilities

• Sourcing suppliers: Identifying potential suppliers, evaluating their capabilities, and selecting the most suitable ones based on factors such as quality, price, reliability, and delivery times.
• Requesting and evaluating quotations: Requesting quotes or proposals from suppliers, analyzing and comparing them to determine the best value for the organization.
• Negotiating contracts: Negotiating terms and conditions with suppliers, including pricing, delivery schedules, payment terms, and any other relevant contractual terms.
• Managing supplier relationships: Establishing and maintaining relationships with suppliers, addressing any issues or concerns, and ensuring a smooth flow of goods or services.
• Managing procurement processes: Developing and implementing procurement strategies, policies, and procedures to streamline the procurement process and ensure compliance with regulations.
• Monitoring inventory levels: Keeping track of inventory levels to ensure an adequate supply of goods while minimizing excess stock or shortages.
• Ensuring compliance: Ensuring that all procurement activities comply with legal, regulatory, and ethical standards, including any applicable procurement laws or policies.
• Budgeting and cost control: Working closely with finance departments to establish procurement budgets, tracking expenses, and identifying cost-saving opportunities.
• Risk management: Identifying and mitigating potential risks in the procurement process, such as supply chain disruptions, quality issues, or contractual disputes.
• Continuous improvement: Identifying opportunities for process improvement, implementing best practices, and staying updated with industry trends and innovations.

Skills & Experience

• Bachelor's degree in Procurement, Supply Chain Management, Business Administration, or a related field.
• Professional certification in procurement such as CIPS (Chartered Institute of Procurement and Supply), Supply Chain Management (CIPS-UK /CPSP-K) or its equivalent is an added advantage.
• Proven experience as a procurement officer or a similar role.
• Knowledge of procurement laws, regulations, and practices.
• Strong negotiation, communication, and interpersonal skills.
• Proficiency in procurement software and tools.
• Attention to detail and strong analytical skills.
• Ability to work effectively in a team and independently.
• Strong organizational and time management abilities.