The Prima Group has been doing business in Nigeria for over 45 years. Founded as a partnership in 1965 by the late Naraindas G. Vaswani, the company was incorporated in 1974. Since founding, the group has grown from an import oriented trading company to a medium-sized conglomerate with interest in banking, manufacturing, trading, and real estate.
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The Senior Buyer sources equipment and materials by developing sources of supply and monitoring supplier performance; obtaining required equipment and materials, verifying receipt of items, authorizing payment, and managing quality of products and controlling inventory.
Purchase goods, materials, components or services in line with specified cost, quality and delivery targets
Ensure continuous supply of required goods and materials and communicate any supply problems which may pose a risk or impact on business operations
Negotiate contracts, improved prices and terms of business with suppliers and review opportunities to make business savings utilising negotiation and procurement best practice tools and methods
Assess and evaluate suppliers and undertake performance reviews to ensure contract compliance and manage performance improvement activities
Ensure that a professional and consistent approach is taken in relation to all supplier relationships
Ensure compliance to company guidelines, purchasing policies and procedures
Assess tenders and quotations from potential suppliers
Prepare purchase orders in line with final negotiations with selected suppliers and in line with organisational targets and requirements
Monitor market trends, competitor strategies and market suppliers
Research and evaluate areas of opportunity and reduce costs where possible
Undertake research on and evaluate existing and new suppliers
Develop creative and innovative procurement processes
Develop ideas and strategies to improve operational efficiency, add value, aid business performance and work towards a strategy of continuous improvement
Assist internal and external customers by interpreting laws, policy, codes, and regulations pertaining to purchasing; answer inquiries both orally and in writing concerning purchasing operations.
Work collaboratively and negotiate and engage with stakeholders and suppliers regarding new projects, supplies and initiatives and advise of impact of change on purchasing and production activities
Stay current and up to date on any changes that may affect the supply and demand of needed products and materials and advise others of any impact
Attend meetings and update others on issues or concerns, in particular when there is a risk which could prevent the organisation meeting customer demands or where there are over capacity concerns
Support product change requests and review and communicate the impact on capacity plans
Build, maintain and manage supplier relationships and ensure good communications.