Procurement Lead

As a Procurement Lead or Senior Executive, you will play a pivotal role in identifying and fulfilling the procurement needs of our organization. Your responsibilities will encompass sourcing suppliers, negotiating contracts, and managing relationships to secure optimal terms, pricing, and quality for goods and services. From overseeing direct procurement processes to managing indirect procurement and streamlining the procure-to-pay cycle, you will ensure efficient and cost-effective procurement operations. By staying informed about market trends, analysing procurement data, and implementing innovative strategies, you will drive continuous improvement and compliance with relevant regulations. Your ability to collaborate effectively with internal stakeholders and suppliers will be crucial in maintaining a smooth supply chain flow and meeting organizational objectives [Apply now at

; JOB REQUIREMENTS:

• Identify procurement needs across the organization, encompassing both direct and indirect procurement requirements.
• Source and evaluate potential suppliers, negotiate contracts, and cultivate relationships to secure advantageous terms, pricing, and quality of goods and services.
• Develop and implement purchase orders in alignment with company policies and financial constraints.
• Oversee direct procurement processes, including sourcing raw materials and resources for manufacturing.
• Manage indirect procurement, acquiring goods, services, and materials essential for daily operations.
• Lead RFQ processes and manage competitive bidding cycles to optimize procurement outcomes.
• Develop and manage procurement budgets, strategies, and payment procedures.
• Implement cost-effective procurement strategies and policies to enhance operational efficiency.
• Supervise the procure-to-pay process, from requisitioning to payment, ensuring seamless transactions.
• Collaborate with internal departments to streamline supply chain processes and ensure timely delivery.
• Stay informed about market trends, conduct product research, and identify potential suppliers and cost-effective alternatives and formulate procurement strategies.
• Evaluate and strategically source potential suppliers, negotiating contracts for optimal terms.
• Maintain effective communication with internal stakeholders, suppliers, and relevant parties to ensure alignment and meet procurement needs. Foster positive relationships with suppliers, resolving disputes and monitoring performance. Monitor supplier performance to ensure quality, timeliness, and effectiveness of goods and services.
• Forecast future demand and finalize purchase details, approving purchase requests and orders.
• Track key metrics and KPIs to drive cost reduction initiatives. Analyse procurement data, conduct spend analysis, and prepare comprehensive reports.
• Optimize workflows and automation processes to enhance efficiency and reduce costs. Ensure compliance with relevant regulations, standards, and laws governing procurement activities.
• Integrate new procurement software, e-procurement processes, and business practices as needed.
• Develop and implement risk mitigation strategies to safeguard procurement operations.

Qualifications and Skills: Bachelor's degree in business administration, supply chain management, procurement, finance or a related field. Possess minimum 4-6 years working experience in procurement function or similar. Numerate and analytical individual with strong problem-solving skills. Good leadership qualities and strong interpersonal skills. Positive attitude, creative, energetic, adaptable and able to work under pressure. Willing to work additional hours if in case required. Sound Computer literate in MS Office and Inventory management systems. Meticulous and diligent in all work tasks. Strong negotiation and planning skills ● Good presentation skills and ability to deliver concise, structured and logical propositions.