Head of Procurement

7 months ago

Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

**Job Description**:
BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties.

PURPOSE
To create and drive the implementation of a cost-effective procurement sourcing strategy within the governance and compliance framework of the Group with the aim of reducing cost and complexity and improving procurement service levels and efficiency in an increasingly complex partner and supplier eco system. To build and maintain an enabled Procurement organisation and operating model, working in South Africa, whilst building synergies across Africa. To implement and optimise Procurement and Technology in creating agile and efficient ways of work.
The Head of Procurement plays the leading role within the procurement team, exercising the primary responsibility for procurement - governance, legislation, compliance, and management. The incumbent will also work in close contact with the internal and external stakeholders.

You will engage with the following stakeholders:

- Business owners, product development and CVM/Support Division;
- Project teams
- Human Capital
- Procurement, Finance operations; and
- Legal, risk and compliance
- Customers and Suppliers
- Shareholders
- Executive and Non-executive directors

Your key responsibilities include:
Supplier Management

Category Management:

- Category Management: Create data & insights led Category Strategic Planning
- Business Relationship Management
- Coach and Develop Procurement Specialist and administrators in setting and achieving Category goals
- Define strategic sourcing of main procured categories and monitor the execution thereof
- Define strategic and tactical sourcing and the execution of its strategy, defining concrete levers to increase focus and efficiency on each of the main procured categories
- Identify resources needed to make target a reality and manage and coordinate cross-functional sourcing teams
- Design and oversee the execution of the sourcing recommendation process
- Identify Supply Chain opportunities for improvement per main category
- Balance Governance and Customer centricity across the management of the several categories
- Define common sourcing optimisation levers with Group Procurement to maximise value creation in the Group
- Develop a common strategy with Group Procurement to maximise synergies potential and maximise value for the Group.

Supplier Management

Benefits Realisation:

- Ensure sustainable savings by identifying opportunities and delivering benefits against all targets through effective cost reduction, cost avoidance and revenue generation opportunities. Introduce Value Add and Value Engineering (VAVE) initiatives that will contribute to savings and maximize value.
- Report on performance against targets for benefits realization by extraction of data through MI.
- Devise methods to optimize processes and eradicate waste to drive value throughout the supply chain. Introduce innovation that will add strategic benefit through mutual relationships and synergies by working with the internal customer (business units) and third-party suppliers.

Strategic Sourcing

Cost Optimisation and procurement business plan
- Develop a strategy to maximise potential synergies and maximise value for the Group which is aligned to Group strategy.
- Develop a buy-in Mission, Vision, and Core Values, which contains all dimensions of a best-in-class procurement program and is shared by all business units.
- Analyse current trends in the procurement environment.
- Develop the procurement business plan and set realistic targets to ensure the achievement of strategic objectives
- Establish demand requirement to effectively plan and manage sourcing demand
- Identify areas where value can be added / exploited further, areas where value is being destroyed and areas where value is latent, and act accordingly
- Consider future consequences of actions on the viability of the business
- Discuss the current environment and how this will impact the business both now and, in the future business requirements and business continuity.
- Develop a segment sourcing strategy that simultaneously supports and governs across the main categories Develop a common strategy with Group Procurement to maximise synergies potential and maximise value for the Group.
- Define annual objectives for improvement consistent with the budget, in terms of actual performance targets and buying capability improvement - Define concrete actions to target and achieve savings.
- Drive the negotiation of SLAs with internal and external stakeholders and ensure execution and compliance of contractual agreements and

Supplier Management

Contract Management:

- Delivery of effective contract management will include
- Service delivery management: ensuring that the service is being

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