Strategic Procurement Expert

1 month ago


Durban, KwaZulu-Natal, South Africa Tower Group Full time

Job Title: Strategic Procurement Expert

Salary: $80,000 - $110,000 per year

About the Role:

We are seeking a highly skilled and experienced Strategic Procurement Expert to join our team at Tower Group.

The ideal candidate will have a strong background in procurement, with expertise in strategic sourcing, contract management, and supplier relationship development.

This is an excellent opportunity for a motivated and results-driven professional to take on a key role in driving business growth and improving operational efficiency.

Key Responsibilities:

Strategic Sourcing:

  • Identify and develop strategic sourcing opportunities to improve cost savings and efficiency
  • Develop and implement comprehensive category strategies aligned with organisational goals
  • Collaborate with cross-functional teams to ensure alignment with overall business strategy

Category Strategy Development:

  • Translate business objectives into actionable procurement strategies for specific categories
  • Analyse market conditions, supplier capabilities, and potential risks to inform strategic decision-making
  • Develop strategies for managing the entire lifecycle of products and services within the category

Risk Mitigation:

  • Assess potential risks associated with the supply chain within the category
  • Develop risk mitigation strategies to ensure a resilient and robust supply chain

Continuous Improvement:

  • Implement a continuous improvement mindset within the category, regularly reviewing and refining procurement strategies based on performance metrics and feedback
  • Collaborate with cross-functional teams to identify areas for improvement and innovation

Budgeting & Cost Control:

  • Monitor and control procurement-related costs, identifying opportunities for cost savings without compromising quality
  • Implement cost-effective sourcing strategies to optimise budget allocation

Contract Management:

  • Evaluate and improve use of contracts, deciding on contract development together with stakeholders
  • Facilitate visibility and availability of contracts, ensuring compliance with specifications of Procurement Policies and principles

Supplier Management:

  • Establish and maintain strong relationships with vendors and suppliers
  • Negotiate contracts, ensuring compliance with legal and regulatory requirements

Performance Measurement:

  • Understand and periodically measure and analyse processes and their performance/results by measuring global and local KPIs
  • Provide recommendations to improve the performance
Requirements:

Education:

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field

Experience:

  • Proven experience as a Procurement Specialist or in a similar role

Skills:

  • In-depth knowledge of procurement regulations, best practices, and market trends
  • Strong negotiation and communication skills
  • Excellent organisational and multitasking abilities
  • Proficient in using ERP Systems and Google Docs

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