As the Lead Procurement, you are responsible for leading and coordinating the company's procurement activities, ensuring timely sourcing, purchasing, and vendor management in line with business needs. The role serves as the key liaison between procurement and management, providing support in strategic sourcing, cost optimisation, and process improvements while mentoring junior staff.
Key Responsibilities
1. Procurement Operations
- Manage day-to-day procurement operations, including sourcing, price negotiations, purchase orders, and vendor coordination.
- Ensure procurement strategies and policies are cost-effective, compliant, and efficient.
- Mentor and guide team member, ensuring adherence to processes and service level expectations.
2. Vendor & Contract Management
- Negotiate terms and conditions with suppliers to achieve favourable pricing and service levels.
- Develop and maintain strong relationships with suppliers, contractors, and service providers.
- Manage supplier database, evaluate vendor performance, and resolve disputes or non-compliance issues.
3. Cost & Process Optimisation
- Identify opportunities for cost savings, process improvements, and value-added procurement strategies.
- Work closely with internal stakeholders to forecast demand and ensure timely supply.
- Monitor market trends, price fluctuations, and alternative sourcing opportunities.
4. Compliance & Reporting
- Monitor market trends, identify alternative suppliers, and mitigate supply risks.
- Ensure procurement activities comply with company policies, contractual obligations, and regulatory requirements.
- Prepare procurement reports, cost analysis, and savings tracking for management review.
- Support audits and ensure accurate documentation of procurement processes.
Qualifications & Requirements
- Bachelor's degree in Supply Chain Management, Business Administration, or related field.
- Minimum 5 years experience in procurement or supply chain, preferably from the IT industry
- Strong negotiation, analytical, and communication skills.
- Knowledge of procurement regulations, compliance, and contract management.
- Ability to work under pressure, manage multiple priorities, and meet deadlines.
- Leadership qualities with experience in guiding or supervising team members.
