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  • Posted: Feb 29, 2024
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Uncle Stan's Foods is a small chops company known for it's unique finger food taste all over Lagos. Our brand makes us unique.
    Read more about this company


    Procurement Officer

    Job Summary:

    • The Procurement Officer, with a minimum of three years of experience, plays a crucial role in the efficient functioning of the procurement department.
    • Responsible for sourcing, purchasing, negotiating, and coordinating with suppliers, this role ensures the timely acquisition of goods and services required by the organization.
    • The incumbent utilizes their expertise to optimize procurement processes, minimize costs, and maintain high standards of quality and efficiency.

    Key Responsibilities:

    Sourcing and Supplier Management:

    • Identify and evaluate potential suppliers based on quality, price, reliability, and delivery speed.
    • Maintain and nurture relationships with existing suppliers while actively seeking new vendors to expand the supplier base.
    • Negotiate contracts, terms, and pricing agreements with suppliers to secure favorable terms for the organization.
    • Continuously monitor supplier performance and address any issues related to quality, delivery, or pricing promptly.

    Procurement Planning and Execution:

    • Collaborate with internal stakeholders to understand procurement needs and develop procurement plans aligned with organizational objectives.
    • Prepare purchase orders, requisitions, and contracts ensuring accuracy and compliance with procurement policies and procedures.
    • Execute procurement processes efficiently, ensuring timely delivery of goods and services while adhering to budgetary constraints.
    • Evaluate and select appropriate procurement methods such as competitive bidding, negotiations, or framework agreements based on the nature of the requirement.

    Cost Management and Budgeting:

    • Analyze pricing trends, market conditions, and supplier performance data to identify cost-saving opportunities.
    • Develop and implement strategies to optimize procurement costs without compromising quality or service levels.
    • Assist in the preparation of annual procurement budgets, monitor expenditure against budgets, and provide regular reports on budget variance.

    Contract Management and Compliance:

    • Manage contracts and agreements with suppliers, ensuring compliance with legal requirements and organizational standards.
    • Review contract terms and conditions to mitigate risks and protect the interests of the organization.
    • Monitor contract milestones, renewals, and terminations, and facilitate contract amendments as necessary.

    Documentation and Reporting:

    • Maintain accurate procurement records, including purchase orders, contracts, invoices, and supplier correspondence.
    • Generate regular reports on procurement activities, expenditure, and performance metrics for management review.
    • Ensure compliance with regulatory requirements and internal audit standards related to procurement documentation and reporting.

    Qualifications and Skills:

    • Bachelor's degree or ND or HND
    • Minimum of three years of experience in procurement or purchasing roles, preferably in a corporate or organizational setting.
    • Strong negotiation skills with the ability to secure favorable terms and pricing agreements.
    • Excellent analytical and problem-solving abilities to assess supplier capabilities and identify cost-saving opportunities.
    • Proficiency in procurement software and Microsoft Office applications, particularly Excel for data analysis and reporting.
    • Sound knowledge of procurement principles, contract law, and supply chain management practices.
    • Effective communication skills with the ability to interact confidently with internal stakeholders and external suppliers.
    • Detail-oriented with a focus on accuracy and compliance in procurement processes and documentation.

    Method of Application

    Interested and qualified candidates should forward their CV to: using the position as subject of email.

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