Master Procurement Strategist for Supply Chain Optimization

1 week ago

Southern Suburbs, South Africa West Coast Personnel Full time
Job Description

At West Coast Personnel, we are seeking a highly organized and experienced Inventory and Procurement Specialist to join our team. This role plays a crucial part in managing the sourcing, inventory, and procurement of both raw materials and finished goods, ensuring operational efficiency and cost-effectiveness.

Key Responsibilities:
  • Stock Inventory & Forecasting Management: Oversee the tracking of stock levels, including raw materials and finished goods, utilizing sales data to forecast, plan, and manage inventory levels for efficient operations.
  • Inventory Management: Maintain accurate inventory records, regularly monitor stock levels, and coordinate the replenishment process to ensure sufficient stock while minimizing excess inventory.
  • Purchasing & Procurement: Manage purchasing orders from suppliers, ensuring accurate receipts and verifying the completeness of purchase contents. Develop and maintain relationships with suppliers to negotiate favourable terms and prices.
  • Shipping & Receiving: Supervise the shipment and internal stock transfers process, ensuring that shipments are received on time and inventory is updated accordingly.
  • Reporting: Compile and provide regular reports on stock levels, purchasing activity, pricing, and costs to senior management.
  • Audits & Discrepancy Resolution: Perform regular stock audits, identify discrepancies, and resolve any inventory issues promptly.
  • Supplier & Vendor Management: Evaluate and analyze supplier processes, ensuring timely and cost-effective delivery. Negotiate contracts and pricing terms to drive cost savings and quality.
  • Cost Analysis & Profitability Maximization: Conduct cost analyses and recommend improvements to pricing structures and cost-cutting measures. Identify opportunities for waste reduction and improved profitability.
  • Regulatory Compliance & Quality Assurance: Ensure adherence to food safety standards and statutory requirements. Verify that commodities meet company quality standards before purchase and use.
  • Forecasting & Communication: Develop and maintain forecasting tools for raw products and sales data, ensuring clear communication with key stakeholders about stock availability and forecasted needs.
  • Collaboration: Work closely with the planning department to ensure a smooth flow of raw materials, meet production deadlines, and minimize delays.
Requirements:
  • Experience: 3+ years in inventory management, procurement, or supply chain management, preferably in a manufacturing or food industry environment.
  • Education: Degree in Supply Chain Management, Business Administration, or related field (or equivalent experience).
  • Skills: Strong organizational skills, analytical abilities, communication skills, negotiation skills, regulatory knowledge, and problem-solving skills.

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