Role Overview:

The Senior Buyer will be responsible for overseeing the procurement activities, ensuring the efficient, cost-effective acquisition of goods and services while adhering to company policies and aligning with organizational objectives. This role will focus on vendor management, procurement strategy, cost optimization, inventory control, team leadership, and performance reporting.

Key Responsibilities:

Vendor Management

Identify, assess, and build strong relationships with key suppliers
Negotiate contracts, ensuring suppliers meet quality standards and deliver on time

Procurement Strategy

Develop and implement procurement policies and processes
Lead the RFQ (Request for Quote) and tendering processes, ensuring targets for cost, quality, and compliance with tendering guidelines are met
Ensure procurement activities align with organizational goals and regulatory requirements

Cost Management

Monitor procurement budgets and identify cost-saving opportunities
Conduct market research to track price trends and secure competitive pricing

Inventory Control

Work with the inventory team to manage stock levels and prevent shortages or excess inventory
Collaborate with the inventory team to improve and streamline inventory processes

Team Leadership

Lead and mentor the procurement team to achieve departmental goals
Collaborate with other departments to forecast demand and plan procurement activities

Reporting & Analytics

Prepare procurement performance reports, including cost savings and supplier evaluations
Use data analytics to identify procurement trends and highlight opportunities for process improvement

Required Skills:

Excellent negotiation and communication skills
Strong analytical and problem-solving capabilities
Proficient in supply chain management and procurement software (e.g., SAP, Oracle). Experience with INFOR LN is a plus
In-depth knowledge of import/export regulations and compliance standards

Qualifications:

Proven experience in procurement or purchasing roles
CIPS (Chartered Institute of Procurement & Supply) or CSCP (Certified Supply Chain Professional) certification is preferred but not mandatory based on experience

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