Purchasing Manager (Supermarket) at Louis Valentino Nigeria Limited

Position Summary

• The purchasing manager is responsible for Identifying and sourcing goods, products, and services required for the organization's operations.

Key Responsibilities

• Establishing and maintaining relationships with suppliers, negotiating contracts, and evaluating supplier performance.
• Analyzing prices, discounts, and terms to ensure cost-effective purchases while maintaining quality standards.
• Managing inventory levels, ensuring sufficient stock, and minimizing excess or obsolete inventory. Creating and adhering to procurement budgets and developing long-term purchasing strategies.
• Identifying and mitigating potential supply chain risks and disruptions.
• Ensuring all purchasing activities adhere to relevant laws, regulations, and company policies.
• Managing a team of purchasing professionals, providing guidance, and overseeing their daily activities. Identifying opportunities for process improvements, cost savings, and efficiency enhancements in the purchasing process.
• Collaborating with various departments within the organization to understand their purchasing needs and aligning procurement strategies accordingly.

Qualifications and Requirements

• A Bachelor's Degree in Business Administration, Supply Chain Management, or a related field is often required. Some positions may prefer candidates with a master's degree
• 10 years of relevant work experience in procurement, purchasing, or supply chain management, with a track record of successful procurement operations and vendor management.
• Strong analytical abilities to assess market trends, supplier performance.
• Effective communication and negotiation skills are crucial for interacting with suppliers. Understanding of procurement laws, regulations, and ethical standards.