Specialist: Sourcing
7 days ago
Title: Strategic Sourcing Specialist
Weir Minerals AME Region:
Location; Johannesburg, South Africa
Weir has been in business since 1871 and our sustainability and success has been built on attracting, retaining, and developing exceptional people.
As a global company, we reflect the diversity of our customers in the diversity of our people and ensure everyone is given the opportunity to flourish regardless of their gender, race, beliefs or background.
We offer a wide range of career opportunities across a variety of technical and business roles in engineering, manufacturing and service locations worldwide.
Enabling our people to unleash their full potential is central to ‘We are Weir’, our vision, mission, and strategic priorities. We aim to be the most admired engineering business in our markets and we'll achieve that ambition by being the employer of choice in our markets.
Weir is an inclusive and innovative organisation where you can be your authentic self. We continually develop our talent and diversity of thought to keep our business relevant, innovative and successful for the future.
Business Need/Purpose of Role:
Responsible for the accurate and timeous processing of invoices and returns for all credit purchases made on behalf of Weir Minerals Africa
Job Requirements:
Minimum Qualifications:
- Masters/Honours Preferably or BCom (Economics/Logistics).
- Commercial Law & Contract Management Experience.
Minimum Experience:
- 5 Year’s plus experience in a similar function
Key Tasks:
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
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