Purchasing Officer at Sigma Consult

About Our Client:

Our client is a leading retail chain with operations across Nigeria since 2014, offering a wide variety of consumer goods, from groceries to electronics. Known for its customer-centric approach, the company has been expanding rapidly and is committed to providing exceptional shopping experiences to its customers.

Role Summary:

As a Purchasing Officer at our client's retail chain, you will be responsible for sourcing, purchasing, and negotiating with suppliers to ensure timely and cost-effective procurement of goods and services. You will play a key role in optimizing procurement processes, managing supplier relationships, and maintaining inventory levels to support store operations.

Responsibilities:

• Identify and source new suppliers and vendors for goods and services, negotiate pricing and terms, and establish contracts and agreements to ensure favorable terms and conditions.
• Collaborate with internal stakeholders, including inventory managers, store managers, and finance teams, to determine purchasing needs, forecast demand, and plan procurement activities.
• Prepare and issue purchase orders, track order status, and follow up with suppliers to ensure timely delivery of goods and services and resolve any issues or discrepancies.
• Monitor and analyze supplier performance, including quality, delivery, and pricing, and take appropriate action to address any issues or concerns and ensure compliance with contract terms.
• Maintain accurate records of purchasing activities, including supplier contracts, purchase orders, invoices, and receipts, and ensure compliance with company policies, procedures, and standards.
• Evaluate and assess supplier capabilities, capacity, and reliability, and conduct supplier audits and assessments to ensure compliance with quality and regulatory requirements.
• Identify cost-saving opportunities and process improvements in procurement activities, including vendor consolidation, bulk purchasing, and inventory management, to optimize procurement efficiency and reduce costs.
• Stay informed about market trends, industry developments, and supplier capabilities, and leverage insights to inform procurement decisions and strategies.

Requirements:

• Bachelor's degree in Business Administration, Supply Chain Management, Procurement, or related field; Master's degree is a plus.
• Minimum of 3 years of experience in procurement or purchasing, preferably in the retail or consumer goods industry.
• Strong understanding of procurement principles, processes, and best practices, including strategic sourcing, supplier management, and contract negotiation.
• Proficiency in procurement software and systems, with experience in using ERP systems and e-procurement tools.
• Strong analytical and problem-solving skills, with the ability to analyze data, identify trends, and make data-driven decisions.
• Excellent communication and negotiation skills, with the ability to build and maintain effective relationships with suppliers and internal stakeholders.
• Strong organizational and time management skills, with the ability to prioritize tasks and manage multiple projects simultaneously.
• Ability to work effectively in a fast-paced environment and adapt to changing priorities and requirements.

Benefits:

• Competitive salary package with opportunities for performance-based incentives.
• Opportunities for career growth and advancement within the retail industry.
• Comprehensive benefits package including health insurance and retirement benefits.
• Supportive work environment with opportunities for learning and development.
• Opportunity to work with a leading retail chain and contribute to its growth and success.