Job Summary
Summary: A Procurement Officer oversees the acquisition of goods, services, or materials for an organization. He ensures cost-effective, timely procurement while complying with policies and regulations.
Role and Responsibilities:
Supplier Management:
- Source and evaluate suppliers.
- Negotiate contracts and terms.
- Maintain supplier relationships.
Procurement Planning:
- Align procurement with organizational needs.
- Develop procurement strategies.
- Budget management.
Purchase Order Management:
- Issue and track purchase orders.
- Resolve order issues.
Cost Analysis and Compliance:
- Monitor costs and spending.
- Ensure policy and regulatory compliance.
Quality Assurance:
- Collaborate with quality control.
- Address quality issues.
Risk Management:
- Identify and mitigate supply chain risks.
- Supplier performance monitoring.
Market Research:
- Stay updated on market trends.
- Identify new suppliers and products.
Reporting:
- Prepare procurement reports.
- Present findings to management.
Required Skills
Qualifications:
- Bachelor's degree in a related field.
- Procurement experience.
- Negotiation and communication skills.
- Knowledge of procurement regulations.
- Analytical and problem-solving abilities.
- Organizational and ethical.