Job Description The Procurement and Sourcing Specialist is responsible for sourcing and procuring services and materials, negotiating contracts, managing supplier relationships, and identifying cost-saving opportunities.In addition, you will work closely with cross-functional teams to ensure that procurement strategies align with business goals and objectives.The ideal candidate for this position should have a background in procurement, excellent project management skills, and a proven track record of delivering results.Key Responsibilities: · Manage discovery and preparation of RFP/RFI/RFQ as required using the approved Procurement toolkit documentation and processes· Collaborate with cross-functional teams to understand business requirements and identify cost-saving opportunities· Conduct market research and supplier assessments to identify potential suppliers and evaluate their capabilities· Support the implementation of procurement strategies that optimize the cost, quality, and delivery of goods and services· Manage procurement process for goods and services, including vendor selection, price negotiation, and contract management to achieve the best value for the organization.· Identify, evaluate, and select suppliers based on quality, price, delivery, and reliability to ensure the best value for the organization.· Monitor & Manage supplier relationships and supplier performance and implement corrective actions as needed.· Monitor market trends and potential research suppliers to identify cost-saving opportunities.· Monitor spending trends, identify potential new sourcing initiatives and avenues for supplier consolidation or rationalization, analyze options, and provide recommendations for initiatives to be included in the business plan.Qualifications· Bachelor's degree in a relevant field such as business administration, CIPS or supply chain management, finance, or a related discipline.· High English proficiency, both oral and written.· Minimum of 1-2 years experience in procurement, with a proven track record in managing strategic sourcing and supplier management· Having experience in handling the procurement lifecycle, and managing concepts like RFI, RFQ, RFP.· Excellent communication, collaboration, and relationship-building skills· Strong negotiation and contract management skills· Sound financial analytical skills and a good understanding of contract law· Strong analytical and problem-solving skills, with proven ability to analyse data and make data-driven decisions.·Awareness of regulation and legislation on the markets involved.· Ability to work in a fast-paced environment and manage multiple priorities.· A proven team player with impeccable attention to detail and the ability to prioritise deliverables aligned with organisational strategy.
