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Procurement Specialist

2 weeks ago

Durban, KwaZulu-Natal, South Africa IOCO Full time

Description

The Procurement Specialist is responsible for managing the end-to-end procurement process, ensuring the business's supply chain needs are met efficiently and cost-effectively. Key responsibilities include managing product inflows, inventory, imports and exports, supplier relationships, and contract negotiations, while maintaining product quality in line with purchase specifications. The ideal candidate will have strong analytical, mathematical, and budgeting skills, proficiency in Supply Chain Management software, Microsoft Office, and Power BI, and a tertiary qualification in Supply Chain or Economics. Previous senior-level procurement experience and the ability to travel locally and internationally to foster supplier partnerships are highly desirable.

What you'll do:

  • Ensure that the business' supply chain needs are met with a specific focus on procurement in a timely and cost-effective manner.
  • Manage inflow of Products against agreed model stock.
  • Manage Inventory and liaise with the sales team regarding inventory.
  • Detailed analysis of imports and exports
  • Implement trading agreements/protocols – with regards to shipping, quality, payment terms, etc
  • Manage product quality – ensure product meets the original purchase spec.
  • Re-negotiate discounts or contract amendments where suppliers fail to meet contractual agreements e.g., product specification or delivery period etc.
  • Regular feedback to sales team with market analysis and product availability.
  • Prepare forward deals/sales offers through to sales team. Timeous feedback to sales against ad hoc requirements.
  • Develop preferred relationships with Suppliers. This requires regular local and international travel.
  • Participate in Contract Negotiations.
  • Detailed analysis of imports.
  • Ability to work with various Supply Chain Management software systems.

Your Expertise:

  • Strong analytical and mathematical skill
  • Ability to develop budgets and procurement strategies
  • Ability to manage daily trading positions and limits
  • Previous experience in a similar role at a senior level
  • Strong inter-personal skills
  • Proficient in Microsoft packages, Power BI and other related software

Qualifications:

  • Tertiary qualification (degree level) in Supply Chain or Economics