Jobs at Petmam Ventures Limited

Job Description

• Senior procurement specialist provides process support to Supply Chain Management (SCM); provide requirements and obligations of utilizing defence material/property under Export Administration Regulations (EAR), International Traffic in Arms Regulations (ITAR), Federal Acquisition Regulation/Defence Federal Acquisition Supplement (FAR/DFARS), contractual and business requirements.

Duties & Responsibilities

• To write an effective senior procurement specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included senior procurement specialist job description templates that you can modify and use.
• Sample responsibilities for this position include
• Develop and lead supplier managed inventory engagements, maximizing consistency across the Enterprise
• Develop best value source selection process relative to the supplier managed inventory services
• Identify and develop best-in-class suppliers
• Drive cost savings by lowering the total cost of acquisition through effective negotiations, value analysis and process improvements
• Analyze historical spend data to identify new opportunities for cost savings
• Establish and maintain good supplier and internal customer relationships that foster an environment of collaboration and trust
• Ensures development fabric transition from Materials R&D efficiently, on time, and ready for the commercialization process
• Works closely with Brand Marketing and Materials R&D to execute commodity trim development
• Provides status reporting by coordinating fabric and trim development with the Hong Kong office
• Analyses fabric and trim costs by fabric and trim type, supplier, and item to identify opportunities for cost reductions

Qualifications

• Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications:

• List any licenses or certifications required by the position:CPM, APICS, CPSM, SOW, CIPS, CPIM, NCMA, ISM, FAC, CPCM

Experience:

• Minimum 3 years of experience in procurement or supply chain management

Education

• Employers hiring for the senior procurement specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's DegreeinBusiness, Business/Administration, Engineering, Education, Finance, Supply Chain Management, Administration, Technical, Management, Science
• Buying complex electrical and mechanical commodities

Responsibilities

• Establish strong partnerships and educate stakeholders on procurement best practices in order to deliver category objectives
• Create and deliver thoughtful PowerPoint presentations to senior management to support recommended actions and strategic direction
• Partner with associated internal groups to identify and develop alternate/additional supply sources, assess financial stability, quality, and capabilities of potential vendors
• Negotiate Agreement Terms and Conditions and work with clients to ensure appropriate contract approvals are obtained and documented
• Investigate incorrect or late orders and initiates corrective action or recommendations for action
• Determine supplier’s capacity and ability to meet quality standards, specifications and delivery schedules
• May be responsible for soliciting budgetary pricing for equipment, material, or labor to support estimating/proposal efforts for a major project or projects
• 3rd Party Suppliers
• Supplier Management – Ensure That Suppliers Are Being Evaluated On Their Performance And When Required They Are Committed To And Making Improvements.

go to method of application »

Responsibilities

• Manage the entire contract lifecycle, including drafting, negotiating, and executing contracts with vendors and suppliers.
• Collaborate with internal departments, including legal, finance, and operations, to develop procurement strategies and ensure compliance with company policies and procedures.
• Conduct thorough market research to identify potential vendors and suppliers, evaluate their capabilities, and negotiate favorable terms and conditions.
• Review and analyze contract terms, identifying potential risks, discrepancies, and opportunities for cost savings or process improvements.
• Monitor contract performance and compliance, ensuring that all parties fulfill their obligations and contractual requirements.
• Maintain accurate and up-to-date contract records and documentation, including contract changes, renewals, and amendments.
• Resolve any contractual disputes or issues that may arise, working closely with stakeholders to find mutually beneficial solutions.
• Stay up-to-date with industry trends, regulations, and best practices in procurement and contracts management, identifying opportunities for improvement and implementing changes as needed.

Required Skills

• Strong understanding of procurement principles, contract law, and contract management.
• Excellent negotiation and communication skills, with the ability to effectively interact with vendors, suppliers, and internal stakeholders.
• Strong analytical and problem-solving abilities, with a keen attention to detail.
• Proficient in contract drafting and negotiation techniques, ensuring that contracts are comprehensive, legally sound, and aligned with business objectives.
• Ability to manage multiple projects simultaneously, prioritize tasks, and meet deadlines in a fast-paced environment.
• Proficient in using procurement tools, contract management software, and Microsoft Office Suite.

Required Qualifications:

• Bachelor's degree in business administration, supply chain management, or a related field. A Master's degree is a plus.
• Proven experience as a Contracts Procurement Specialist or in a similar role, preferably in a procurement or supply chain management function.
• In-depth knowledge of procurement processes, best practices, and regulations.
• Familiarity with government contracting and compliance requirements is highly desirable.
• Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Commercial Contracts Manager (CCCM) are preferred.
• Strong understanding of legal and commercial terms commonly used in contracts.
• Ability to work independently and collaboratively in a team environment.

Experience:

• Minimum 3 years of experience in procurement or supply chain management

Conclusion:

• In conclusion, a Contracts Procurement Specialist plays a crucial role in any organization, ensuring the smooth and efficient procurement of goods and services through the management and negotiation of contracts.
• This job description template provides a detailed outline of the responsibilities and qualifications necessary for this position, allowing businesses to attract and hire qualified individuals who can effectively handle the procurement process.
• By utilizing this template, organizations can streamline their hiring process and find the ideal candidate to ensure successful contracts procurement and overall business growth.