Specialist: Sourcing
4 weeks ago
Title: Sourcing Specialist
Division: Weir Minerals South Africa
Location: Alrode
Why choose Weir:
Be part of a global organization dedicated to building a better future: At Weir, the growing world depends on us. It depends on us constantly reinventing, quickly adapting and continually finding better, faster, more sustainable ways to access the resources it needs to thrive. And it depends on each of us doing the best work of our lives. It’s a big challenge - but it is exciting.
An opportunity to grow your own way: Everything moves fast in the dynamic world of Weir. This creates opportunities for us to take on new challenges, explore new areas, learn, progress and excel. Best of all, there is no set path that our people must take. Instead, everyone is given the support and freedom to tailor-make their own career and do the best work of their lives.
Feel empowered to be yourself and belong: Weir is a welcoming, inclusive place, where each individual’s contribution is recognized and all employees are encouraged to innovate, collaborate and be themselves. We continually focus on people and their wellbeing. We believe in fairness and choose to be honest, transparent and authentic in everything we do.
Key Responsibilities:
Safety First: Demonstrate 100% commitment to our zero harm behaviors in support of our drive towards developing a world class safety culture.
Strategy, Processes and Systems:
- Develop and execute the strategic sourcing strategy in line with the broader Supply Chain strategic objectives;- Develop and implement continuous improvement on sourcing and procurement processes;- Works collaboratively with the broader supply chain in the development of formation of strategic sourcing agreements;- Responsible for purchasing procedures and audit requirements;- Assists in the development of internal policies and tools necessary to implement strategic sourcing initiatives and assists in prioritizing strategic sourcing initiatives;- Ensure supplier master data is accurately maintained e.g. Preferred suppliers; purchasing price lists, BBBEE ratings etc.
Sourcing & Tendering:
- Lead the sourcing, Request for Information and Request for Quote processes for the business requirements, including the development and composing of bid specifications;- Driving a fair and transparent tendering process;- To drive transformation and grow preferential procurement;- Analyze bid responses to determine the most responsive and responsible bidder to optimize total cost of ownership;- Analyze spend data/trends to identify and develop overall strategic sourcing initiatives which meet the needs of WMA and recommend agreement formation the Procurement Manager based on research of total spend, end-user impact, feedback and activity along with marketplace analysis;- Recommends and justifies strategic sourcing initiatives and e-procurement supplier enablement initiatives by using data mining tools to conduct spend analysis, prepare supporting reports/spreadsheets, comparisons;
Commodity & spend analysis, communication and decision making:
- Develops and maintains awareness of changing commodity-related business trends in the marketplace and the possible impact to WMA;- Perform spend analysis on direct and indirect spend;
Contract Negotiation, Implement and Management:
- Review and negotiate strategic sourcing agreements and any changes in vendor contracts in accordance with Weir PLC and South African rules and regulations;- Negotiate and maintain contracts for all WMA suppliers;- Ensure that agreements effectively mitigate risk exposure to WMA;- Ensure implementation of agreements and contracts in time before services commend;- Decides if proposed contract changes and modifications are reasonable and in the best interest of WMA;- Decides if recurring purchases are appropriate for strategic sourcing agreement/initiatives;- Defends and/or justifies an award of a formal bid or proposal in the event of formal protest filed by a vendor/contractor with support of Procurement Manager;- Negotiates with vendors/contractors to obtain maximum benefit to WMA from contracts;- To drive cost reduction & cost containment across the direct and indirect spend portfolios;
Supplier & Contract Management:
- Conduct regular contact/meetings with key suppliers and feedback on issues/problems at suppliers;- Applies negotiation skills to resolve vendor disputes with an acceptable outcome for both parties;- Assist in monitoring and tracking vendor performance through periodic financial reviews, product performance, customer satisfaction surveys and customer outreach;- Decides appropriate resolutions to problems that may arise during the strategic sourcing contracting process by mediating disputes between WMA and the vendor/contractor;- Participate and perform supplier evaluation and audits;- Measure the effectiveness of the supplier contracts and provide frequent feedback to the supply chain management team;
Leadership & Professional due care-
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