As a Procurement Officer, you will play a critical role in managing the purchasing process for the organization. Your main goal will be to ensure that all materials and services are acquired at the best possible prices while maintaining quality standards.
**Key Responsibilities:**
- **Supplier Management:** Identify potential suppliers, evaluate their offerings, and establish contracts. This will require building strong relationships to ensure reliability and quality.
- **Purchasing:** Execute purchase orders and manage the ordering process to ensure timely delivery. You'll need to keep track of orders and resolve any delivery-related issues.
- **Market Research:** Analyze market trends and pricing to make informed buying decisions. Staying updated on industry developments will help you negotiate better deals.
- **Inventory Monitoring:** Monitor and manage inventory levels to prevent shortages or excess. This ensures that materials are available as needed without tying up unnecessary capital.
- **Budget Management:** Assist in developing and adhering to the procurement budget. Careful tracking of expenditures will help maintain financial discipline.
- **Compliance:** Ensure all procurement activities meet legal and organizational standards. This will involve understanding regulations and best practices in purchasing.
**Required Skills and Expectations:**
Candidates should have a diploma or similar qualification, with a minimum of 2 years of relevant experience. Strong negotiation and communication skills are essential, as you will interact with vendors and internal teams. Attention to detail and good organizational skills are necessary for effective inventory management and order tracking. A proactive attitude and ability to analyze market trends will greatly contribute to your success in this role.