Procurement Manager at Rotation and Precision Machines Limited

The Role

• The candidate will develop and manage processes and policies that guides procurement and vendor management

Job Description

• Manage, coach, train, and mentor team members on improved and new procedures and skills.
• Source, onboard and manage vendors to achieve business measures: - Identifying intermediary vendors and eliminating 80% of intermediary vendors.
• Responsible for developing and tracking standard operating procedures in procurement activities.
• Develop clear cut KPIs for the team.
• Carry out competitive sourcing strategies to reduce procurement cycle time, establish transparency and traceability.
• Carry out competitive pricing analysis for decision making.
• Constantly tracking and ranking all suppliers on pricing, quality, and response time to help guide pricing team.
• Access the quality-of-service performance of the vendors in accordance with the company’s policies and profitability goals.
• Build and manage vendor management database and SLA adherence tracker.
• Agree Negotiating with vendors to secure advantageous terms.
• Develop and implement proper procurement policies, controls, SOPs, and Processes for the department.
• Manage and ensure strict adherence to the procurement guidelines.
• Responsible for tracking and ensuring that RPM wins at least 20% of quoted enquiries.
• Ensuring that the company’s vendors database is always kept secure.
• Build and maintain long-term relationships with vendors and suppliers.
• Stay informed on the latest industry techniques and methods.
• Develop customer satisfaction goals and coordinate with the team to meet daily goals.
• Collaborate with key stakeholders for effectiveness.
• Optimize sourcing procedures to attain maximum efficiency.

Job Requirements

• Bachelor's Degree in Administration or any related field.
• Minimum of 5 years work experience in technical engineering sourcing
• A thorough understanding of sourcing methodologies.
• Proven work experience as a team lead or manager
• Strong negotiation skills.
• Excellent interpersonal and communication skills.
• Deep understanding of procurement (Sourcing)
• Sound time-management and organizational skills.
• Good understanding of margins when pricing
• Must have very good analytical skills (spreadsheet ninja)
• Must have very good people management and issue resolution skills
• Ability to negotiate and sustain networking relationships
• Proficiency in Microsoft Word, PowerPoint, Excel, and Outlook.