Procurement Manager at Rotation and Precision Machines Limited

Role Description

• This is a full-time on-site role for a Procurement Manager at our location in Ikeja.
• As a Procurement Manager, you will be responsible for actively meeting the organization's business goals related to procurement, vendor management, pricing analysis and sourcing strategies.
• You will be expected to develop and manage processes and policies that guide procurement and vendor management.

Primary Responsibilities of the Candidate include:

• 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, and establish transparency and traceability.
• Implement competitive pricing analysis for decision-making.
• Constantly tracking and ranking all suppliers on pricing, quality, and response time to help guide the pricing team.
• Access the quality-of-service performance of the vendors per 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 inquiries.
• Ensure that the company’s vendor database is always kept secure.
• Build and maintain long-term relationships with vendors and suppliers.
• Stay updated on the latest industry techniques and methods.
• Manage, coach, train, and mentor team members on improved and new procedures and skills
• 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.

Qualifications

• 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.

Benefits

• An attractive salary
• Health and Life insurance
• Pension Plans
• Paid Leaves
• Training and Self-Development
• Commissions