Procurement Analyst at First Excelsia

Industry: Technology

Our client, an innovative research and development company with trail blazing products in the education and health sector is seeking to fill the role of a Procurement Analyst.

The ideal role holder will be responsible for vendor management and will focus on identifying the best supplier to support the business needs. The role holder will liaise between internal departments and suppliers, analyzing and comparing product parameters, and negotiating procurement contracts on behalf of the company.

The role is also responsible for cost-benefit analyses to determine where to improve, re-negotiating contracts with existing suppliers or negotiating contracts with new suppliers. This role is essential to the efficiency and success of the organisation.

Job Description:

• Manage suppliers’ key performance indicators (KPIs) to ensure targets are reached for cost, service, and quality levels across all operating centres.
• Keep a close eye on the market to identify trends and develop business improvement initiatives.
• Carryout Market Survey for benchmarking purposes
• The regular review of all tender items/contracts within the Sponsoring Department ensuring that time schedules are being adhered to and contract ceiling value are not exceeded
• Facilitate the proper filing of all hard and soft documentation in respect of the Tender/Contract from tender initiation to Contract close-out stage in conjunction with the Legal Department
• Act as a liaison, communicating pricing and performance needs to vendors and suppliers.
• Document processes and report periodically with usable metrics
• Identify and develop standard processes that address company’s acquisition requirements.
• Coordinate with warehouse, logistics & distribution team and maintain an optimal stock level.
• Provide recommendations on all procurement related issues, plans, reports, trainings and metrics

Person Specification:

• Minimum of Bachelor’s Degree in Finance, Business Administration, Accounting, or any relevant field from a recognised Institution
• Minimum of 2 years’ proven work experience as a Procurement Analyst, Supply Chain Analyst or a similar role
• Solid understanding of Business management, supply chain management, strategic sourcing, and e-procurement.
• Proficient in making accurate forecasts to meet the retailers demand and taking part in new product launches for maintaining daily inventory.
• Exceptional negotiation skills
• Advanced analytical skills.
• Excellent interpersonal and communication skills