Senior Procurement Specialist

3 months ago

Johannesburg, South Africa Rentoza Full time

Welcome to Rentoza We're a South African company that's changing the game in e-commerce. Our subscription service for digital goods and appliances is making access, affordability, and flexibility a reality for our customers.

**The Role**:
As a Senior Procurement Specialist at Rentoza, you will play a crucial role in ensuring the efficient procurement and supply chain management of consumer electronics and appliances. You will work closely with vendors, negotiate contracts, and manage inventory to optimise costs, quality, and delivery times. Your expertise will be vital in maintaining our competitive edge and providing our customers with outstanding products.

**Key Responsibilities**:
**Market Research**:

- Stay updated on industry trends, new products, and emerging technologies.
- Identify potential new suppliers and tech products to expand our product offerings.

**Supplier Management**:

- Identify potential suppliers based on specific criteria such as price, quality, reliability and capacity,evaluate, and establish relationships with suppliers of technology products.
- Negotiate favourable terms, pricing, and delivery schedules to ensure cost-effective procurement. Ensure contracts are well drafted and effectively managed throughout their lifecycle.
- Cost and risk management

**Inventory & Supply Chain Management**:

- Drive fulfillment strategies by ensuring inventory levels are in line with customer demand
- Compile comprehensive reports to ensure adequate stock levels while minimising inventory costs and identifying risks & opportunities.
- Collaborate with the logistics team to maintain optimal inventory levels
- Monitor and forecast demand to prevent stockouts and excess inventory

**Quality Assurance**:

- Ensure that all products meet quality standards and regulatory requirements.
- Conduct regular quality assessments of vendors and products.

**Cost Control**:

- Implement cost-saving strategies without compromising product quality or availability.
- Analyse market trends and identify opportunities for cost reductions.

**Data Analysis**:

- Generate reports on procurement metrics and performance.
- Utilise data and analytics in building reports to make informed decisions and improve procurement processes.
- Analyse and respond proactively to current trade, making data driven decisions to maximise sales potential.

**Key Competencies**:

- Strong analytical and organisational skills with experience in sales forecasting, inventory management and budgeting
- Systems Oriented
- Numerical Ability
- Strong trader instinct
- Willing and open to contributing ideas for the greater success of the business
- Ability to work in a fast paced environment
- Agility, flexibility & adaptability
- Assess complex situations and implement workable solutions.

**Required Qualifications and Skills**:

- Bachelor's degree in Business, Supply Chain Management, or a related field. Master's degree or certification (e.g., CSCP, CPM) is a plus.
- Proven experience as a Procurement Specialist or in a similar role within the consumer electronics or appliances industry.
- Minimum of 5-7 years of experience in procurement, with a strong focus on sourcing technology products.
- Strong negotiation skills with a track record of cost savings.
- Excellent understanding of supply chain management and procurement processes.
- Familiarity with e-commerce and online marketplace dynamics.
- Proficiency in procurement software and Microsoft Office Suite.
- Exceptional communication and interpersonal skills.
- Analytical mindset and the ability to use data to drive decisions.

**Benefits**:
**Offices**:

- Johannesburg
- Cape Town
- Durban

**Perks**:

- Free Friday lunches
- Monthly socials
- Discovery Medical aid : 100% cover (permanent staff)
- Provident Fund (permanent staff)
- Paid annual leave
- Staff discounts
- Employee Health and Wellness Assistance
- Learning and Development opportunities
- Mentorship programme
- Community initiatives
- Access to cutting edge technology
- Hybrid (after probationary period, if applicable)

If you're passionate about technology and want to work in a fast-paced environment where you can make a real difference, Rentoza is the place for you. Join our team and be part of something truly exciting
- **By responding to this advertisement, you consent to Rentoza lawfully processing your personal information in accordance with the Protection of Personal Information Act 4 of 2013 for recruitment purposes and confirm that any personal information has been submitted voluntarily. **_

Pay: R40 000,00 - R50 000,00 per month

Application Question(s):

- What is your current CTC?
- What is your Notice Period?

**Education**:

- Bachelors (required)

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