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A procurement governance and compliance manager ensures an DCP's procurement activities align with company policies, industry best practices, and legal regulations. The scope includes developing and improving procurement policies and processes, managing a governance framework, overseeing risk management, implementing compliance initiatives through training and audits, and reporting on performance to management.
Regulatory Monitoring: Stay informed about relevant laws, regulations, and industry best practices to ensure the company's procurement activities remain compliant.
Risk Management: Identify, analyze, and mitigate risks associated with procurement activities, implementing strategies to prevent non-compliance.
Training and Guidance: Provide training, advice, and guidance to procurement teams and other stakeholders on governance policies, procedures, and best practices.
Performance Monitoring & Reporting: Monitor compliance, track improvement actions, and produce regular reports on governance and performance to support decision-making.
Process Improvement: Lead projects and initiatives using methodologies like Lean principles to enhance the efficiency and effectiveness of procurement processes and systems.
Stakeholder Collaboration: Work closely with various internal and external stakeholders, including suppliers and other departments, to ensure effective implementation of governance frameworks and policies.
Compliance Audits: Conduct assurance activities and audits to verify adherence to established governance and compliance requirements.
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