Procurement Officer
Skills
About This Role
Overview
- The Procurement Officer is responsible for coordinating procurement activities within the organization, ensuring that goods and services are procured efficiently, cost-effectively, and in compliance with company policies and regulations.
- This role includes managing supplier relationships, supporting contract negotiation, and monitoring procurement performance to meet organizational needs.
- Procurement process management
- Support the full procurement cycle, from identifying needs and sourcing suppliers to issuing requests for proposals (RFPs) and obtaining quotes;
- Review and process purchasing requests from multiple departments;
- Liaise with internal stakeholders to clarify requirements and ensure alignment on procurement strategies and timelines;
- Coordinate supplier onboarding and creation in SAP;
- Monitor specific payment terms and ensure timely processing of supplier invoices;
- Provide administrative and technical support to teams, including document management and SAP navigation for internal teams.
- Supplier management
- Build and maintain positive relationships with suppliers and vendors to ensure high-quality service delivery;
- Monitor supplier performance through regular evaluation and audits to ensure compliance with terms and expectations;
- Address and resolve supplier issues, disputes, and performance-related concerns;
- Maintain accurate contract records and ensure compliance with contractual terms;
- Proactively manage the contract lifecycle, including renewals, amendments, and terminations;
- Assist with drafting, reviewing, and negotiating supplier contracts to ensure alignment with organizational needs and legal standards.
Strategic Sourcing & Cost Optimization
- Support strategic sourcing initiatives to optimize cost, quality, and supplier performance;
- Identify opportunities for cost savings, value engineering, and process improvements;
- Conduct market research and benchmarking to inform sourcing decisions.
- Budgeting and reporting
- Assist in budget planning related to procurement activities;
- Prepare reports and analyze procurement and contract data, including spend analysis, savings, and contract compliance;
- Track Key Performance Indicators (KPIs) to improve procurement efficiency and cost savings.
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