We are seeking to recruit a seasoned Procurement Professional from the Retail / Food & Beverages industryThe job holder is responsible for defining the procurement strategy and related activities for the Company. Develop and implement a strategy to ensure the function is operating in line with the objectives of the business to add value, mitigate supply chain risk and deliver cost savings. Ensure delivery of cost-effective services, materials, supplies, and equipment as per quality standards in line with the business requirements. Develop and maintain key supplier and strategic customer relationships.
Strategy & Operations: a) Design the procurement strategy of the Company as per the direction provided by the Chief Supply Chain Officer to achieve the strategic objectives. b) Set the key performance indicators for the team as per the approved procurement strategy and monitor/report ongoing progress and performance. c) Oversee the procurement process, including sourcing, negotiation, contracting, and supplier management. d) Engage and collaborate with internal stakeholders to understand business requirements and take action to mitigate risks and develop opportunities. e) Oversee the qualification process of new suppliers/vendors and manage ongoing relationships with key suppliers to secure advantageous terms and contain risks. f) Negotiate contract terms with key suppliers to ensure value for money, quality standards and delivery terms. g) Monitor market trends, industry developments, and supplier performance to identify potential risks, opportunities, and cost-saving initiatives. h) Control spend and build a culture of long-term saving on procurement costs. i) Analyze and review spending patterns based on purchases conducted on a regular basis and share findings with the CSCO. j) Drive and encourage innovative procurement processes (eProcurement, automated processes, dashboards etc.) and introduce standardized procurement policies and procedures.
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