Internal Procurement Supervisor

Job Description

• Manage vendor relationships and negotiate contracts to ensure favorable terms and conditions.
• Evaluate supplier performance and conduct supplier audits to ensure quality and compliance.
• Develop and maintain a database of qualified and reliable suppliers.
• Collaborate with stakeholders to select suppliers and develop a preferred vendor list.

Procurement Process Optimization:

• Streamline procurement processes to enhance efficiency and reduce costs.
• Implement procurement best practices and leverage technology solutions to automate and improve procurement processes.
• Establish and monitor key performance indicators (KPIs) to track procurement performance and identify areas for improvement.
• Identify opportunities for cost savings, value enhancement, and risk mitigation in the procurement process.

Contract Negotiation and Management:

• Lead contract negotiations with vendors to secure favorable terms and pricing.
• Review and analyze contracts to ensure compliance with legal and organizational requirements.
• Monitor contract performance and ensure timely renewal or termination of contracts as needed.
• Collaborate with legal and finance departments to ensure contract compliance and mitigate contractual risks.

Cross-Functional Collaboration:

• Work closely with internal stakeholders, such as finance, legal, and operations, to understand their procurement needs and align procurement activities with their requirements.
• Collaborate with cross-functional teams to support strategic initiatives and projects.
• Provide guidance and support to internal stakeholders on procurement policies, procedures, and best practices.

Requirements:

• Several years of experience in procurement or supply chain management, with progressively increasing responsibilities.
• Strong knowledge of procurement principles, best practices, and industry trends.
• Experience in vendor management, contract negotiation, and strategic sourcing.
• Familiarity with procurement software and enterprise resource planning (ERP) systems.
• Excellent negotiation and communication skills.
• Strong analytical and problem-solving abilities.
• Ability to work in a fast-paced environment and manage multiple priorities.
• Leadership and team management skills.
• Knowledge of relevant laws, regulations, and compliance requirements related to procurement.

Competencies:

• Communication and teamwork.
• Problem-solving.
• Time management.
• Critical thinking and decision-making.
• Stress management.
• Strong analytical abilities.
• Excellent accounting knowledge.
• Proficient use of financial software.