Procurement Manager at NewRest Group

About the job

• Review, update and implement the procurement policy for the company.
• Assess the strategic and financial impact of the company’s procurement activities to ensure procurement practices are directed towards achieving cost efficiency.
• Responsible for ensuring quality of materials, equipment, etc. procured and ensure specifications and quality standards are met.
• Coordinate the company’s supply chain processes (local and International) to ensure consistent product availability and optimal stock levels.
• Oversee the procurement process as well as the contracting and tendering process for all categories of goods/services.
• Manage price negotiations to ensure the company gets best value for goods and services while managing its overall cost exposure.
• Identify key strategic suppliers/ vendors and develop and maintain lasting relationships/ strategic alliances to facilitate product sourcing and procurement.
• Develop and oversee proper management of relationships with third-party service providers within the supply chain such as transporters, customs/ clearing agents, etc., and ensure compliance with agreed service levels.
• Facilitate the establishment of effective vendor selection criteria, oversee vendor performance evaluation and compliance to service level agreements, and enforce sanctions on erring suppliers.
• Monitor and coordinate delivery of goods from suppliers (local and overseas) to ensure timely delivery of goods to appropriate locations.
• Supervise and monitor the logistics and shipping process including investigating delays, reviewing documentation etc.
• Ensure adherence to legal and financial requirements during product/ equipment/ materials shipping and importation processes.
• Continually review and assess the effectiveness and efficiency of procurement’s policies, processes and procedures and identify improvement opportunities.
• Liaise with the Stores (Airline and Food) to ensure regular update on activities and requirements.
• Generate weekly, monthly, and annual procurement reports.
• Ensure continuous delivery and supply of goods and services that meet service level agreements.
• Strict adherence with procurement cycle time.
• Overall responsibility for managing all LPOs.
• And any other job that might be assigned by MD or management due to exigencies of duty
• Proven working experience as Purchasing Manager, Agent or Officer
• Familiarity with sourcing and vendor management
• Interest in market dynamics along with business sense
• A knack for negotiation and networking
• Working experience of vendor management software
• Ability to gather and analyse data and to work with figures
• Solid judgement along with decision making skills
• Strong leadership capabilities
• BS degree in supply chain management, logistics or business administration