The Procurement Officer is responsible for sourcing, negotiating, and purchasing goods and services to meet the organization’s operational needs. The role involves managing supplier relationships, ensuring timely procurement, and maintaining cost efficiency while adhering to company policies and procurement standards.
Key Responsibilities:
Identify, evaluate, and select potential suppliers based on quality, cost, delivery, and reliability.
Prepare and issue purchase orders and contracts in accordance with company procedures.
Negotiate terms and prices with suppliers to ensure favorable terms.
Monitor supplier performance and conduct regular review meetings.
Maintain accurate procurement records and documentation.
Coordinate with internal departments to understand their procurement needs.
Ensure compliance with procurement policies, legal requirements, and ethical standards.
Conduct market research to stay informed about industry trends and new suppliers.
Assist in the development and implementation of procurement strategies.
Manage the procurement database and reporting systems.
Qualifications:
Bachelor's degree in Business Administration, Supply Chain Management, Logistics, or related field.
Relevant professional certifications (e.g., CPSM, CPP) are a plus.
3 - 5 years of procurement experience.
Strong negotiation, communication, and interpersonal skills.
Knowledge of procurement processes and tools.
Ability to work under pressure and meet deadlines.
Proficiency in MS Office Suite and procurement software.