Procurement Lead at Q-Sourcing Servtec Group

The Procurement Lead will primarily be responsible for the timely procurement and delivery of high-quality, low-cost products and proper processing of assigned orders.  

Key Duties and Responsibilities  

• Strategic Procurement Planning and Leadership
• Develop and implement a regional procurement strategy that aligns with the Group’s overall business objectives.
• Establish and lead a high-performing procurement team across the Group, ensuring a standardized & efficient procurement framework.
• Drive cost optimization initiatives, ensuring the best value for money while maintaining quality and compliance.
• Identify and mitigate procurement-related risks, ensuring business continuity and sustainability.
• Operational Excellence and Compliance
• Develop and implement procurement policies, procedures, and best practices across all countries’ operations.
• Lead negotiations with key suppliers to establish strategic partnerships, leveraging group-wide economies of scale.
• Monitor supplier performance, contract compliance, and service delivery to ensure high-quality and cost-effective procurement.
• Ensure adherence to regulatory and ethical procurement standards, mitigating risks related to fraud, corruption, and supply chain disruptions.
• Cost Control & Budget Management
• Monitor and control procurement costs to align with budgetary constraints.
• Track and report on procurement expenditures and savings initiatives.
• Risk & Compliance Management
• Ensure all procurement activities adhere to company policies, industry regulations, and ethical standards.
• Identify potential risks in the procurement process and develop mitigation strategies.
• Maintain documentation and records for audit and compliance purposes.
• Stakeholder Coordination
• Work closely with internal departments (e.g., finance, operations, logistics) to ensure smooth procurement processes.
• Build and maintain strong relationships with regional and international suppliers, ensuring a diverse and competitive supplier base.
• Provide strategic insights and recommendations to senior management on cost-saving opportunities and procurement trends.
• Process Improvement & Innovation
• Continuously review procurement processes to enhance efficiency and effectiveness.
• Drive digital transformation in procurement, implementing eprocurement tools and data-driven decision-making processes.
• Establish key procurement metrics and dashboards to enhance transparency and reporting.  

Mandatory Requirements  Qualifications & Education

• Bachelor’s degree in Procurement, Supply Chain Management, or a related field.  
• CISP/CPSP certification is required.
• Strong understanding of procurement  processes an their interdependencies.  
• Proven experience in third-party management, continuous improvement programs, and cost-cutting initiatives in procurement.
• A Master’s degree in Procurement, Supply Chain Management, or a related field is an added advantage.  

Experience  

• A minimum of 7 years of relevant experience in procurement management.
• Extensive experience in supplier development, contract negotiations, and third-party vendor management.