Senior Procurement Manager at CapitalSage Technology Limited

Job Summary

• The Senior Procurement Manager is responsible for shaping and leading the company’s end‑to‑end procurement strategy to deliver sustainable cost savings, secure reliable supply, and improve working capital. The role will drive category strategies, supplier partnerships, governance, and data‑driven decision making, while closely partnering with Operations, Finance, IT and other key functions.

Key Responsibilities

Strategy and Leadership

• Develop and execute a 3–5‑year procurement strategy aligned with business growth, expansion plans, and margin targets.
• Translate overall business objectives into category strategies, sourcing roadmaps, and annual savings/working‑capital targets.

Category Management and Sourcing

• Support strategic sourcing for key direct and indirect categories (e.g., raw/pack materials, IT-related requests, logistics, capex).
• Run structured RFI/RFP/RFQ processes with clear evaluation criteria, TCO analysis, and documented award decisions.
• Ensure standardization of specifications to avoid over‑specification, reduce complexity, and unlock scale benefits.

Supplier Relationship Management (SRM) and Risk

• Build and manage a strategic supplier portfolio, including preferred suppliers and dual‑sourcing for critical materials.
• Implement supplier scorecards (QCD: Quality, Cost, Delivery, plus ESG where applicable) and lead regular performance reviews.
• Proactively identify and mitigate supply, quality, FX, and logistics risks, including contingency and business continuity plans.
• Lead supplier development initiatives, especially for local and regional partners, to improve capability, cost, and reliability.

Financial Impact and Value Delivery

• Deliver and track year‑on‑year savings on addressable spend, ensuring alignment with Finance and visibility in the P&L.
• Improve payment terms and commercial structures to support working‑capital and cash‑flow objectives.
• Work with Operations and Planning to optimize inventory policies, reduce stockouts and excess, and minimize expedited freight.
• Build and maintain should‑cost and total landed cost models to support negotiations and strategic decisions.

Governance, Policy, and Compliance

• Support improving the Procurement Policy, Delegation of Authority (DoA), and sourcing standards.
• Ensure robust segregation of duties, competitive bidding practices, and audit‑ready documentation.
• Manage a contract governance framework (templates, approvals, repository, renewals/expiry alerts).
• Ensure compliance with internal controls, ethical standards, and applicable regulations (including any local content requirements).

Process Excellence and Digital Enablement

• Map and optimize Source‑to‑Contract (S2C) and Procure‑to‑Pay (P2P) processes to improve speed, compliance, and user experience.
• Champion the use of digital tools (ERP, e‑sourcing, spend analytics, contract management, supplier portals) and drive adoption across the business.
• Define and track KPIs and dashboards (savings, OTIF, PR‑to‑PO cycle time, compliance, supplier risk, inventory impacts).
• Lead or support continuous improvement projects (e.g., automation, cataloguing, vendor‑managed inventory, framework agreements).

People and Stakeholder Management

• Support coaching to the procurement team and promote a high‑performance, high‑integrity culture.
• Represent strategic business partner to Operations, Planning/S&OP, Finance, Quality, Engineering, IT and Commercial.

Qualifications and Experience

Education:

• Bachelor’s degree in Supply Chain Management, Business, Engineering, Finance, or related field.
• Postgraduate degree (MBA/MSc) is an advantage.
• Professional Certification (preferred):

Experience:

• 6+ years of relevant procurement experience, including several years in a strategic or senior role.
• Proven track record managing significant spend across multiple categories, ideally in manufacturing/FMCG/industrial environments.
• Demonstrable achievements in cost savings, contract improvements, and supplier performance (with measurable results).

Technical Skills:

• Strong knowledge of strategic sourcing, category management, contract law basics, and SRM.
• Proficiency with ERP systems (e.g., Oracle, Microsoft Dynamics) and analytics tools (Excel/Power BI
• Comfortable with TCO analysis, should‑costing, and financial concepts (NPV, FX impact, working capital).
• Understanding of quality, regulatory, and ESG considerations in supplier selection and management.

Soft Skills:

• Strong negotiation, influencing, and stakeholder management skills at all levels, including senior leadership.
• High level of commercial acumen, analytical thinking, and problem‑solving capability.
• Excellent communication and presentation skills, both written and verbal.
• Demonstrated integrity, ethical judgment, and confidentiality in handling sensitive information.
• Ability to work in a fast‑paced, growing environment, managing multiple priorities and projects.