Procurement Officer

full time FMR RECRUITMENT AGENCY in Production & Manufacturing
  • Lagos, Nigeria, EJIGBO BJ View on Map
  • Post Date : April 11, 2024
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Job Description

– Industry: Manufacturing
– Location: Ejigbo, Lagos State
– Salary: ₦181,725 gross
– Employment Type: Onsite
– Experience: 2 years +

Job Description:
FMR AGENCY – Future Moves Recruitment Agency Limited is seeking a highly organized and proactive Procurement Officer to support our client team.

Position Overview:
As a Procurement Officer, you will be responsible for sourcing goods and services, negotiating contracts, and managing vendor relationships to ensure optimal procurement outcomes for the company. Your role will involve strategic planning, cost analysis, and compliance with procurement policies and regulations.

Key Responsibilities:
1. Sourcing and Supplier Management:
– Identify potential suppliers and conduct vendor assessments to evaluate capabilities, reliability, and cost-effectiveness.
– Develop and maintain relationships with key suppliers to ensure timely delivery of goods and services.
– Negotiate contracts, terms, and pricing agreements to secure favorable terms and conditions for the company.

2. Procurement Planning and Strategy:
– Collaborate with internal stakeholders to understand procurement needs and requirements.
– Develop procurement plans and strategies to meet business objectives while optimizing cost and quality.
– Conduct market research and analysis to identify trends, risks, and opportunities in the supply chain.

3. Contract Management:
– Review and analyze contract terms and conditions to ensure compliance with company policies and legal requirements.
– Monitor contract performance and vendor obligations, addressing any discrepancies or issues as needed.
– Renew or renegotiate contracts as necessary to maintain favorable terms and mitigate risks.

4. Cost Analysis and Budgeting:
– Analyze pricing proposals, quotes, and bids to determine cost-effectiveness and value for money.
– Track procurement expenses and expenditures, identifying cost-saving opportunities and efficiencies.
– Assist in budget planning and forecasting related to procurement activities.

5. Risk Management and Compliance:
– Assess and mitigate risks related to supplier relationships, supply chain disruptions, and market fluctuations.
– Ensure compliance with procurement policies, procedures, and regulatory requirements.
– Conduct audits and reviews to monitor compliance and identify areas for improvement.

6. Process Improvement and Optimization:
– Identify opportunities to streamline procurement processes and improve efficiency.
– Implement best practices and standardized procedures to enhance procurement operations.
– Utilize technology and automation tools to optimize procurement workflows and data analysis.

Qualifications:
– Bachelor’s degree in Business Administration, Supply Chain Management, or related field; additional certifications (e.g., CSCP, CPSM) preferred.
– Proven experience in procurement, purchasing, or supply chain management roles.
– Strong negotiation skills and the ability to build and maintain effective supplier relationships.
– Solid understanding of procurement principles, practices, and regulations.
– Analytical mindset with the ability to conduct cost analysis and financial evaluations.
– Proficiency in procurement software, ERP systems, and Microsoft Office Suite.
– Excellent communication, problem-solving, and decision-making skills.
– Ability to work independently and collaboratively in a fast-paced environment.

Mode of Application:
Interested candidates can apply here

Only shortlisted candidates will be contacted.

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