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  • Posted: Nov 23, 2024
    Deadline: Nov 30, 2024
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  • RevenStrat is a business consultancy and advisory firm that specializes in helping both startups and large enterprises tackle their most complex strategic challenges. Our team is dedicated to ensuring that our clients can navigate disruptive market forces and avoid critical business mistakes that can undermine their success. At our core, we are dedicated to ...
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    Procurement Manager

    Job Summary

    • We are seeking an experienced and detail-oriented Procurement Manager with a background in retail or supermarket environments. This role is responsible for overseeing our procurement processes, ensuring cost-effective purchasing strategies, maintaining relationships with vendors, and managing inventory to meet the organization’s goals. The ideal candidate will have strong analytical skills, excellent negotiation abilities, a thorough understanding of supply chain management and proficiency in using ICG ERP software to streamline and manage procurement functions effectively.

    Key Responsibilities

    Vendor Management:

    • Build and maintain relationships with suppliers, negotiating favorable terms and conditions.
    • Evaluate vendor performance and ensure the delivery of high-quality products.

    Procurement Processes:

    • Develop and implement procurement strategies that align with company goals and budget constraints.
    • Ensure the timely procurement of goods, avoiding stockouts and excessive inventory levels.
    • Work closely with inventory control to maintain optimal stock levels.

    Financial Management:

    • Conduct financial analysis to manage and monitor procurement budgets.
    • Track and report on savings achieved through cost-effective procurement strategies.

    Supply Chain Management:

    • Oversee the end-to-end supply chain process, ensuring efficiency and accuracy.
    • Address and resolve any supply chain or inventory issues that may arise.

    Data Analysis and Reporting:

    • Use analytical skills to assess purchasing data, identifying trends and potential cost-saving opportunities.
    • Prepare and present reports on procurement activities, savings, and vendor performance.

    Compliance and Documentation:

    • Ensure all procurement activities adhere to company policies and industry standards.
    • Maintain organized records and documentation for auditing purposes.

    Team Collaboration:

    • Work closely with various departments, including finance, operations, and logistics, to ensure procurement aligns with business needs.
    • Assist in training and guiding junior procurement staff as needed.

    Key Performance Indicators (KPIs):

    • Cost Savings: Achieve target cost reductions (e.g., 5% savings on total procurement spend annually) through negotiation and strategic sourcing.
    • Supplier Performance: Ensure at least 95% of suppliers meet or exceed agreed quality and delivery standards.
    • Inventory Turnover: Maintain an optimal inventory turnover rate (e.g., 6-8 turns per year), balancing stock levels with demand.
    • Procurement Cycle Time: Reduce the average time taken to complete procurement processes, targeting a specific benchmark (e.g., under 10 business days for standard orders).
    • Budget Adherence: Stay within the approved procurement budget, minimizing variances and ensuring accurate forecasting.
    • Order Accuracy: Maintain a high accuracy rate (e.g., 98%) for purchase orders to ensure correct quantities and specifications.
    • Supplier Lead Time: Optimize and reduce supplier lead times, ensuring timely delivery of goods to prevent stockouts.
    • Compliance Rate: Achieve 100% compliance with internal procurement policies and external regulatory requirements.
    • Cost Savings Through Strategic Sourcing: Track and report on cost savings achieved from improved supplier terms, reduced shipping costs, and bulk purchasing.

    Qualifications

    • Bachelor’s Degree (BSc) or Higher National Diploma (HND) in Business, Supply Chain Management, Procurement, or a related field (or equivalent work experience)
    • Proven experience in procurement, purchasing, or supply chain management, specifically within a retail or supermarket setting
    • Professional certification in procurement or supply chain management (e.g., CPSM, CIPS) is preferred.

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    HR Manager

    Job Summary

    • The HR Manager for our retail operations will oversee and refine all HR functions to align with the company’s strategic objectives. This role focuses on talent acquisition, employee relations, performance management, and compliance, with a particular emphasis on fostering a high-performing, customer-focused culture within the retail environment.

    Key Responsibilities

    Recruitment and Talent Acquisition

    • Develop and implement recruitment strategies tailored for the retail sector to attract top talent.
    • Manage the end-to-end hiring process, including job postings, candidate screening, interviews, and onboarding.
    • Collaborate with store managers to identify staffing needs, understand seasonal demands, and address skills gaps.

    Employee Onboarding and Offboarding

    • Ensure an efficient and welcoming onboarding process for new store and corporate staff, promoting a smooth integration.
    • Oversee exit processes, conducting exit interviews to derive insights for organizational improvements.

    Employee Relations and Engagement

    • Foster a positive work atmosphere through employee engagement initiatives and open communication channels.
    • Serve as a mediator to resolve employee grievances promptly and fairly, supporting a healthy team dynamic.
    • Develop and execute strategies to maintain high morale and engagement across retail and administrative teams.

    Performance Management

    • Oversee and refine performance management processes, including regular feedback, performance appraisals, and career planning.
    • Work with store managers to address performance issues, implement improvement plans, and increase productivity.

    Policy Development and Compliance

    • Ensure HR policies are compliant with Nigerian labor laws and tailored to the unique demands of the retail environment.
    • Regularly update and communicate HR policies, and keep staff informed of relevant labor law changes.
    • Maintain accurate and updated employee records in compliance with legal and organizational standards.

    Learning and Development

    • Develop and implement training programs to address skills gaps, focusing on customer service excellence and sales growth.
    • Promote continuous learning opportunities that align with career progression and organizational goals.

    Compensation and Benefits

    • Manage compensation and benefits packages to attract and retain quality retail staff.
    • Perform salary benchmarking and review benefit offerings to stay competitive in the retail market.

    HR Analytics and Reporting

    • Track and analyze key HR metrics, such as turnover rates, hiring efficiency, and employee satisfaction.
    • Provide data-driven insights to inform strategic HR decisions and optimize workforce planning.

    Key Performance Indicators (KPIs):

    Recruitment Metrics:

    • Time-to-hire: Measure the average duration to fill retail and administrative roles.
    • Quality of hire: Assess the performance of new hires within their first retail season or probation period.
    • Offer acceptance rate: Track the percentage of job offers accepted by candidates.

    Employee Retention and Satisfaction:

    • Turnover rate: Monitor employee attrition, both voluntary and involuntary, and strategize on retention.
    • Satisfaction score: Conduct regular employee engagement surveys.
    • Absenteeism rate: Track the impact of unplanned absences on retail operations.

    Performance Management:

    • Appraisal completion rate: Ensure timely completion of performance reviews.
    • Improvement in performance ratings: Track the year-on-year growth in employee performance.
    • Training impact score: Measure training effectiveness through assessments and observed retail performance improvements.

    Compliance and Policy Adherence:

    • Compliance rate: Ensure HR processes adhere to labor laws and regulatory standards.
    • Policy adherence: Monitor policy compliance through regular audits and feedback.

    Learning and Development:

    • Training completion rate: Track the percentage of staff completing required training.
    • Upskilling metrics: Measure the number of employees gaining new retail-relevant skills.
    • Promotion rate: Track internal career advancement resulting from development programs.

    HR Operations Efficiency:

    • HR query response time: Measure the average time taken to address HR-related queries.
    • Cost efficiency: Track reductions in HR-related operational expenses.

    Requirements

    • Bachelor’s degree in Human Resources, Business Administration, or a related field; a Master’s degree or HR certification (e.g., SHRM, CIPM) is preferred.
    • Minimum of 4 years of HR experience, including 2 years in a managerial role within the retail sector.
    • Strong knowledge of Nigerian labor laws and HR best practices relevant to retail operations.
    • Excellent interpersonal and communication skills, with the ability to work strategically and tactically.
    • Proficient in HR software and Microsoft Office Suite.

    Method of Application

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

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