Procurement Officer

Job Summary The Procurement Officer is responsible to streamline sourcing processes negotiate contracts and ensure the timely acquisition of goods and services thereby optimizing cost efficiency and maintaining inventory levels to meet organizational needs They also cultivate supplier relationships evaluate supplier performance and enforce compliance with procurement policies and regulations to support operational objectives and drive strategic sourcing initiatives Job Responsibilities 1 Define and communicate the supply strategy and its implications to inform and align the respective stakeholders Make use of competitive insights to shape strategies that counter competitive threats Remove organizational barriers to delivering exceptional internal and or external customer service Represent the organization in an honest ethical and professional way and encourage others to do so aligned with the operating framework Manage financial and budgetary based on the assigned area of responsibility Identify metrics tools and processes to optimize sourcing supplier activities and efficiencies Lead the delivery of the savings and operating cash flow programs within their scope of category products services Continuously drive operational excellence in strategic sourcing Develop follow superior procurement management strategies and practices to effectively reap maximum valuefrom Procurement Formulate and manages a strategic plan that capture total procurement value to sustain a competitive edge Adapt Company wide use of best practices to support the organization in achieving strategic objectives and maximize business opportunities Engage and collaborates with both key internal and external stakeholders to improve service while reducing supply cost Lead in identifying and analyzing cost reduction opportunities to achieve and deliver the financial targets Oversee and manage the rationalization of suppliers materials and services that meet business requirements