Procurement Planner
7 months ago
**DUTIES AND RESPONSIBILITIES**:
- Responsible for developing and executing procurement planning for goods that align with the groups procurement strategy goals
- Analysing market trends, forecast demand, managing inventory levels and ensuring timely delivery of goods and services
- Work closely with suppliers, logistics, production and sales teams to optimize procurement processes and minimize costs
- Analyse historical data and work with sales history and new store openings to forecast demand for products
- Identify, evaluate and select suppliers. Negotiate contracts and terms, including prices, delivery schedules and quality requirements
- Monitor and manage inventory levels to ensure optimal stock levels are maintained, avoiding overstocking or stockouts
- Develop and implement procurement strategies and plans to meet production schedules and project requirements
- Identify cost-saving opportunities and implement strategies to reduce procurement expenses and improve efficiency
- Work with suppliers to ensure the quality of goods and services meets the company’s standards
- Track, monitor, manage and close off claims and ensure that claims are honored by suppliers
- Identify potential supply chain risks and develop mitigation strategies to minimize impact
- Ensure all procurement activities comply with relevant laws, regulations and company policies
- Collaborate with internal stakeholders (such as production, sales and finance departments) to align procurement activities with business needs
- Keep abreast of market trends, supplier developments and new technologies that may impact procurement strategies
**REQUIREMENTS**:
- Degree in Supply Chain Management/ Business Administration or related field
- Proven experience in procurement, supply chain management or a similar role
- Proficient in procurement software and tools
- High attention to detail
- Knowledge of the procurement and production process complimented with expediting
- Knowledge of supply chain procedures and operations - advantageous