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Junior Procurement and Sourcing Specialist
hace 2 semanas
Job Description
The Procurement and Sourcing Specialist is responsible for sourcing and procuring services and materials, negotiating contracts, managing supplier relationships, and identifying cost-saving opportunities. In addition, you will work closely with cross-functional teams to ensure that procurement strategies align with business goals and objectives. The ideal candidate for this position should have a background in procurement, excellent project management skills, and a proven track record of delivering results.
Key Responsibilities:
· Manage discovery and preparation of RFP/RFI/RFQ as required using the approved Procurement toolkit documentation and processes
· Collaborate with cross-functional teams to understand business requirements and identify cost-saving opportunities
· Conduct market research and supplier assessments to identify potential suppliers and evaluate their capabilities
· Support the implementation of procurement strategies that optimize the cost, quality, and delivery of goods and services
· Manage procurement process for goods and services, including vendor selection, price negotiation, and contract management to achieve the best value for the organization. · Identify, evaluate, and select suppliers based on quality, price, delivery, and reliability to ensure the best value for the organization.
· Monitor & Manage supplier relationships and supplier performance and implement corrective actions as needed.
· Monitor market trends and potential research suppliers to identify cost-saving opportunities.
· Monitor spending trends, identify potential new sourcing initiatives and avenues for supplier consolidation or rationalization, analyze options, and provide recommendations for initiatives to be included in the business plan.
Qualifications
· Bachelor's degree in a relevant field such as business administration, CIPS or supply chain management, finance, or a related discipline.
· High English proficiency, both oral and written.
· Minimum of 1-2 years experience in procurement, with a proven track record in managing strategic sourcing and supplier management
· Having experience in handling the procurement lifecycle, and managing concepts like RFI, RFQ, RFP.
· Excellent communication, collaboration, and relationship-building skills
· Strong negotiation and contract management skills
· Sound financial analytical skills and a good understanding of contract law
· Strong analytical and problem-solving skills, with proven ability to analyse data and make data-driven decisions. ·
Awareness of regulation and legislation on the markets involved.
· Ability to work in a fast-paced environment and manage multiple priorities.
· A proven team player with impeccable attention to detail and the ability to prioritise deliverables aligned with organisational strategy.
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