Senior Procurement Officer at Egbin Power Plc

Job Summary

• Responsible for handling the company’s end-to-end sourcing of products and services essential for our operations.

Key Duties and Responsibilities

• Perform category management including strategic sourcing, supplier relationship management, contract, performance and risk management.
• Take overall responsibility for the strategic sourcing management goals of the category and implement action items to ensure the goals are achieved.
• Responsible for the procurement of contracts including management of cost, schedule and performance parameters. Developing contract specifications, work statements and terms and conditions.
• Developing bid packages, conduct bidders conferences, analyse and evaluate proposals, negotiate subcontract provisions, selects or recommends subcontractors, writes awards and manages resulting subcontracts.
• Maintain vendor database and report metrics to Supply Chain Management.
• Evaluate supplier core competencies and competitive positioning using industry cost methods.
• Analyze industry trends and evolving technology to proactively identify supply base issues to minimize risk, protect continuity of supply and utilize emerging opportunities.
• Managing supplier relationships, performing root cause analysis and resolutions, developing and monitoring supplier improvement plans.
• Develop and implement sourcing and supplier selection strategy domestically and internationally.
• Facilitate and monitor implementation of procurement change initiatives within category to improve business performance.
• Analyzing and calculating costs of procurement and suggest methods to decrease expenditure.
• Ensure team members update tracking portals weekly for provision of up to date information and guide management decision.
• Manage the supply portfolio ensuring transparency of spending.
• Estimate risks and apply risk minimizing techniques. Escalate risks where necessary for immediate mitigation.
• Establishing a strong network and fosters collaboration with customers, suppliers, key stakeholders and team members.
• Awareness, understanding and application of Quality & HSE policies on assigned jobs.
• Awareness, understanding and application departmental /process objectives.
• Awareness of your contribution to the effectiveness of the IMS, including the benefits of improved performance.
• Awareness of the risks of not conforming with the EGBIN IMS requirements.

Education and Work Experience

• Bachelor's Degree in Supply Chain Management, Operations, Logistics, Business Administration, Transportation, or Engineering.
• Post graduate qualification/or relevant qualification is desirable; membership of a recognized chartered organization relevant to the post is also desirable.
• Minimum of five to seven (5-7) years strategic sourcing experience.

Skills and Competencies:

• Familiarity with sourcing and vendor management and relevant software
• Experience with contract manufacturing vendors
• Knowledge of terminologies related to supplier or vendor agreements
• Understanding of market dynamics and sound business judgement
• Ability to negotiate and sustain networking relationships
• Solid judgement with ability to make good decisions
• Good attention to details
• Basic knowledge of regulatory norms on taxation, duties, import policies
• Time Management skills
• Good negotiation and bargaining skills.