The Procurement Officer is responsible for managing the procurement process for all supplies, equipment, and services required by the organization. This role ensures that all procurement activities are conducted in a timely, efficient, and cost-effective manner while maintaining high standards of quality and compliance with company policies and regulations.
Key Responsibilities
Develop and implement procurement strategies in line with organizational objectives.
Forecast procurement needs and establish long-term and short-term procurement plans.
Identify and evaluate potential suppliers.
Negotiate contracts, terms, and conditions with suppliers.
Maintain strong relationships with suppliers and monitor their performance to ensure compliance with terms and conditions
Prepare and issue purchase orders in accordance with company policies.
Track orders and ensure timely delivery of goods and services.
Resolve any issues related to purchase orders, including discrepancies and delays.
Analyze market trends to identify cost-saving opportunities.
Monitor and manage procurement budgets.
Ensure procurement activities contribute to cost reduction and efficiency improvements.
Ensure all procurement activities comply with legal and regulatory requirements.
Maintain accurate and up-to-date records of all procurement activities.
Conduct risk assessments and implement mitigation strategies.
Collaborate with internal departments to understand their procurement needs.
Provide regular updates on procurement activities to management.
Promote a culture of continuous improvement in procurement processes.
Qualifications:
Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
Proven experience as a Procurement Officer or in a similar role.
Strong knowledge of procurement processes, policies, and best practices.
Excellent negotiation and communication skills.
Proficiency in procurement software and Microsoft Office Suite.
Strong analytical and problem-solving abilities.
Attention to detail and ability to manage multiple tasks simultaneously.