Procurement Analyst at Frank Management Consult Ltd

JOB PURPOSE:

This position is responsible for analyzing the procurement needs for the company across all categories of spend, consolidating the data and advising the best sourcing strategies that guarantees value for money outcomes.

This role will also serve as a liaison between the company key users and Purchasing, especially in need forecasting and material delivery schedules.

Main Duties & Responsibilities

• Conducting market research to identify potential suppliers, market trends, and pricing information. Keep abreast of market and price trends in all major categories of spend. Build market knowledge and intelligence related to major company’s categories.
• Evaluating and selecting suppliers based on criteria such as quality, cost, reliability, compliance with company’s policies and procedures, and past performance as well as terms and conditions provided by suppliers.
• Collecting and analyzing procurement data to identify patterns, trends, and opportunities for process improvement. Maintain proper and accurate records of vendor performance, price history, product information and commodity listing
• Conduct price-cost analysis on critical supplies by analyzing if the prices are reasonable and competitive to costs associated with procurement processes and identifying opportunities for cost savings.
• Review the Procure to Pay (PtP) business process in the company and identify opportunities to improve such as: -
• Explore options of consolidating company’s requirements across all sections for optimum buying leverage.
• Providing examples of synergies across departments for value addition and produce plans for successful implementation.
• Assessing and mitigating risks associated with procurement activities while developing strategies to minimize the risks e.g. Single sourcing risks and potential business disruption risks.

REQUIREMENTS:

• Degree in Purchasing and Supplies Management.
• CIPS accreditation.
• At least 5 years procurement experience in a busy multi-cultural environment.
• Solid knowledge in Category management and strategic sourcing.
• Risk Mitigation experience.
• Knowledge of Microsoft Office 365 programs (i.e., Excel, Word, PowerPoint, Outlook, Teams).
• Strong negotiation skills and ability to prioritize.
• Excellent communication skills (i.e., written, and oral).
• Desirable but not Essential
• Oracle platform experience.
• Master’s degree will be an added advantage.