Head, Procurement and Inventory Management at Nile University of Nigeria

We are currently looking to engage a highly competent and result-oriented Head, Procurement and Inventory Management with strong personal & professional integrity to join our dynamic team.

Responsibilities

The Head of Procurement and Inventory Management is tasked with managing and optimizing the procurement processes and inventory management system.

He/she will be responsible for ensuring cost-effective procurement practices, maintaining optimal inventory levels, and supporting the institution\'s financial objectives. Principal Duties and Responsibilities performed by the employee in this position

He/she is expected to;

• Develop and implement a comprehensive procurement strategy aligned with the institution\'s goals.
• Identify opportunities for cost savings, process improvements, and sustainable procurement practices.
• Cultivate and maintain relationships with suppliers, negotiating terms and agreements to achieve favorable terms as well as evaluate vendor performance and conduct regular vendor assessments.
• Oversee the end-to-end procurement process, from requisition to delivery, ensuring compliance with relevant policies and regulations. Also implement best practices in procurement, including e-procurement systems if applicable.
• Monitor and analyze inventory turnover, identifying and resolving slow-moving or obsolete items and optimizing stock levels by designing & executing efficient inventory management methods.
• Collaborate with finance teams to develop and manage procurement budgets and ensure procurement activities align with budgetary constraints and financial goals.
• Identify and mitigate procurement-related risks while ensuring all procurement activities comply with relevant laws, regulations, and institutional policies.
• Lead and mentor procurement team and inventory management professionals to foster a collaborative and results-oriented team culture.
• Develop and maintain procurement and inventory performance metrics and document regular reports for senior management, highlighting key performance indicators.

Qualification & Experience

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field
• A minimum of 10 years’ cognate experience, 3 of which must have been in a managerial position. 
• In-depth knowledge of procurement regulations, best practices, and market trends.
• Experience with procurement software and inventory management.