Description:
The Role:
As Procurement Officer you support the procurement function of the business in delivering best practice procurement. The role will also see you providing high level support and advice to relevant team members on procurement practices.
Your role will include some of the following responsibilities.
Core Responsibilities:
· Supplier Relationship: Developing and maintaining strong relationships with suppliers to ensure timely delivery, quality, and cost-effectiveness parts sourcing.
· Strategic Sourcing: Identifying, evaluating, and selecting the most suitable suppliers based on factors such as cost, quality, reliability, and sustainability.
· Negotiation: Negotiating contracts, pricing, and terms (inc. warranty) with suppliers to achieve the best possible value for MEVCO while maintaining positive relationships.
· Supply Chain: Overseeing the entire supply chain process, including freight and forwarding, sourcing parts and materials to ensuring adequate stock levels to maintain smooth and efficient production and operations.
· Risk Management: Identifying and mitigating potential risks in the supply chain, such as supplier disruptions, exchange rates, geo issues, market fluctuations, etc.
· Cost Analysis and Cost Reduction: Analysing all costs associated with procurement and implementing strategies to reduce expenses without compromising quality or performance.
· Market Research and Trend Analysis: Staying informed about industry trends, market dynamics, and technological advancements to make informed procurement decisions and drive innovation.
· Cross-functional Collaboration: Collaborating with other departments such as technical, program, and finance to align procurement strategies with overall business objectives and optimise processes.
· BOM Management: Proficiency in managing Bill of Materials (BOM), including creating, updating, and maintaining BOM data to ensure accurate and efficient procurement.
Requirements
SKILLSETS:
- Strong negotiation skills
- Analytical and problem-solving
- Excellent communication and interpersonal skills
- Knowledge of supply chain management principles
- Proficiency in contract management and legal aspects of procurement
- Attention to detail and ability to multitask
- Strategic thinking and decision-making
- Advantageous to have experience with automotive industry regulations and standard
The successful candidate will have:
- Minimum of 5 years’ work experience in procurement role
- Bachelor’s degree in supply chain management, Commerce, or related field desirable
- Strong commercial and business acumen – understanding business operations, supply chain and factors influencing business decisions.
- Negotiating skills with the ability to make informed decisions and initiate solutions.
- Ability to establish, develop and maintain close working relationships with peers, suppliers, and customers.
- Ability to ensure ethical behaviour in all dealings with suppliers.