Head of Procurement

Lagos, Lagos State
Permanent
Full-time

2 months ago

Job Description:Job Title/ Position: Head of ProcurementJob Scope: Head of Procurement is responsible for overseeing an organization's entire procurement process, which includes developing and executing procurement strategies, managing supplier relationships, negotiating contracts, ensuring compliance with regulations, leading a procurement team, setting the procurement budget, and identifying cost-saving opportunities across all purchasing activities.Line Manager: Head of Supply ChainDirect Reports: Procurement Category Managers, Procurements Compliance ManagersJob Classification: Senior ManagementKey Tasks and Responsibilities:

Strategic Procurement Planning: Creating and implementing a comprehensive procurement strategy aligned with the company's overall business goals.

Supplier Management: Building and maintaining strong relationships with key suppliers, evaluating their performance, and managing contract renewals.

Contract Negotiation: Negotiating favorable terms and pricing with suppliers on contracts, ensuring value for money and risk mitigation.

Cost Optimization: Identifying cost-saving opportunities through supplier consolidation, price analysis, and contract optimization.

Team Leadership: Leading and managing a team of procurement professionals, including setting goals, providing coaching, and performance evaluation.

Spend Analysis: Analyzing purchasing data to identify trends, areas for improvement, and potential cost reduction opportunities.

Compliance Management: Ensuring adherence to all relevant procurement policies, procedures, and regulatory requirements.

Stakeholder Engagement: Collaborating with cross-functional teams across the organization to understand their procurement needs and align procurement strategy accordingly.

·Risk Management: Identifying and mitigating potential risks associated with procurement, such as supplier disruptions or quality issues.

Technology Implementation: Evaluating and implementing procurement software and tools to streamline processes and improve efficiency

Requirements:

Possession of a Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a related discipline; an MBA will be considered an advantage.
Certification as a Professional in Supply Management (CPSM), membership in the Chartered Institute of Procurement & Supply (CIPS), or credential as a Certified Supply Chain Professional (CSCP).
A minimum of 15 years of experience in procurement is required, with at least 5 years in Executive Management.
Proven experience in a senior purchasing management role within a tier 1 organization.
Demonstrated success in developing commodity strategies focused on cost improvement.
Familiarity with standard industry ERP systems is necessary.
Experience collaborating with global purchasing organizations and suppliers.
Strong understanding of the fundamentals of purchasing.

Skills & Competence: Negotiation, Strategic Sourcing, Market Research, Supplier Management, Contract Management, Financial Analysis, Risk Management, Data Analysis.

Dangote

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