Procurement and Sourcing Officer at Vestates Limited

Job Purpose

• The Procurement and Sourcing Officer will be responsible for overseeing the sourcing, purchasing, and supply of foodstuffs for the company.
• The role ensures cost-effective procurement of high-quality products, effective supplier relationship management, and efficient inventory flow to meet the needs of both restaurant and individual customers.

Key Responsibilities
Procurement & Sourcing

• Develop and implement procurement strategies to ensure a continuous supply of fresh and quality foodstuffs at competitive prices.
• Identify, evaluate, and negotiate with local farmers, wholesalers, and other suppliers.
• Monitor market trends, pricing, and supply conditions to optimise purchasing decisions.
• Establish and maintain supplier contracts and agreements.

Supplier & Vendor Management:

• Build and maintain strong relationships with reliable suppliers.
• Evaluate supplier performance regularly based on quality, delivery, and compliance.
• Onboard new suppliers to improve quality and reduce costs.

Inventory & Stock Control:

• Collaborate with warehouse and sales teams to maintain adequate stock levels.
• Minimize wastage and spoilage through proper demand forecasting and storage planning.
• Ensure timely replenishment to avoid stockouts.

Cost Management & Compliance:

• Support the Business and Procurement Manager to develop and manage procurement budgets.
• Ensure adherence to company policies, food safety standards, and regulatory requirements.
• Track and report procurement performance against KPIs like cost savings, supplier delivery rate, and spoilage levels.

Operational & Strategic Support:

• Provide support to streamline procurement processes to enhance efficiency.
• Contribute to overall business strategy by aligning procurement decisions with company growth objectives.
• Support sales teams by ensuring consistent product availability.

Qualifications & Experience

• HND or bachelor’s degree in Procurement, Supply Chain Management, Business Administration, or related field.
• Professional certification (e.g., CIPS, CPSM) is an added advantage.
• Minimum of 1-3 years’ experience in procurement, preferably in FMCG, agriculture, or food distribution.
• Strong knowledge of Nigerian food markets, commodity pricing, and supply chain dynamics.
• Proven negotiation, analytical, and vendor management skills.
• Familiarity with procurement software/ERP systems is an advantage.
• Ability to speak Hausa is an added advantage.

Skills & Competencies:

• Excellent negotiation and contract management skills.
• Strong analytical and cost management abilities.
• Knowledge of food safety standards and regulatory compliance.
• Effective communication and interpersonal skills.
• High level of integrity and accountability.
• Ability to work in a fast-paced and dynamic environment.

Working Conditions:

• Regular visits to local markets, farms, and supplier sites.
• Combination of office and fieldwork.
• May require occasional travel across regions in Nigeria.