Strategic Procurement Professional
3 weeks ago
Tower Group is seeking a highly skilled Procurement Specialist to join our team. As a key member of our Sourcing & Procurement department, you will play a crucial role in maintaining positive vendor relationships, negotiating contracts, and contributing to the overall success of the organisation through strategic procurement practices.
Key Responsibilities- Strategic Sourcing
- Identify potential suppliers, conduct negotiations, and secure advantageous terms and conditions.
- Develop and implement strategic procurement plans to achieve cost savings and improve overall efficiency.
- Category Strategy Development
- Translate business objectives into actionable procurement strategies for specific categories, considering market dynamics, industry trends, and internal requirements.
- Conduct thorough market research to understand current and emerging trends within assigned procurement categories.
- Demand Forecasting
- Work closely with internal departments to forecast demand for products and services within the assigned categories.
- Anticipate changes in demand patterns and adjust procurement strategies accordingly.
- Contract Management
- Ensure compliance with legal and regulatory requirements.
- Negotiate contracts, ensuring alignment with organisational goals and standards.
- 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.
The successful incumbent will report directly to the Manager: Sourcing & Procurement. If you are a motivated and experienced procurement professional looking for a new challenge, please apply today.
Requirements- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience as a Procurement Specialist or in a similar role.
- In-depth knowledge of procurement regulations, best practices, and market trends.
- Strong negotiation and communication skills.
We offer a competitive salary and benefits package, as well as opportunities for career growth and professional development.
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