Procurement Officer at Frank Management Consult Ltd

Job Summary:

The Procurement Officer will lead and manage all procurement processes and activities within the company. You will be responsible for ensuring the procurement of raw materials, finished goods, and non-production items at optimal cost and quality, aligned with business objectives. Your expertise will help maintain high standards of procurement practices, supplier relationships, and cost-effective strategies.

Key Responsibilities:

• Strategy Development: Develop and implement procurement strategies and policies, benchmarking best practices in the industry.
• Supplier Management: Lead supply market intelligence efforts, identify opportunities for continuous improvement, and select suppliers that maximize quality, service, and cost efficiency.
• Supplier Relationships: Build and manage strong, transparent relationships with suppliers to enhance performance and ensure cost-effective delivery.
• Performance Monitoring: Monitor and assess supplier performance to optimize cost, quality, and service.
• Customer Satisfaction: Achieve high internal customer satisfaction through effective service delivery.
• Procurement Best Practices: Implement industry-leading procurement procedures to achieve significant cost reductions.
• Compliance & Standards: Ensure all procurement activities comply with relevant legislation and company standards.
• Talent Development: Collaborate with HR to create a talent management process for your team, ensuring continuous growth and development.
• Strategic Leadership: Develop and coordinate short, mid, and long-term procurement goals to support the company’s vision.

Qualifications & Skills:

Academic Qualifications:

• Bachelor of Procurement and Supply Chain Management / Bachelor of Commerce (BCom) with a specialization in Procurement / Bachelor of Business Administration (BBA) with a focus on Procurement or Supply Chain Management or a Bachelor's degree in Logistics, Operations Management, or a related field.
• Postgraduate diploma in supplies management (preferred)
• Thorough understanding of demand and supply markets both local and international
• In-depth knowledge of procurement laws, procedures, and best practices

Experience:

• More than 5 Years proven experience in Procurement (Local and International), ideally within the pharmaceutical sector.
• Strong background in supplier selection, contract negotiation, and cost optimization.
• Experience leading procurement teams and implementing procurement strategies that align with business goals.