We are looking for a Procurement Team Lead to oversee and manage our procurement operation, ensuring the acquisition of goods and services while maintaining strong vendor relationships. The Ideal candidate should be a strategic thinker with excellent leadership skills and deep understanding of Supply chain Management, developing procurement strategies, negotiating contracts and ensure compliance with company policies and industry regulations.

KEY RESPONSIBILITIES

• Team Leadership: Guide, manage, and mentor the procurement team, fostering a positive and collaborative environment. 
• Strategy Development: Develop and implement innovative procurement strategies aligned with company objectives and cost-saving goals. 
• Supplier Management: Source, evaluate, and select suppliers, negotiate contracts to secure favorable terms, and maintain strong, long-term vendor relationships. 
• Process Management: Oversee the end-to-end procurement process, including requisitions, purchasing, receiving, and invoicing. 
• Cost Control: Monitor budgets, analyse procurement expenditures, identify cost-saving opportunities, and track key performance indicators (KPIs). 
• Compliance: Ensure all procurement activities comply with company policies, relevant laws, and regulatory requirements. 
• Collaboration: Work closely with internal departments to understand their procurement needs and ensure timely delivery of goods and services. 
• Performance Improvement: Monitor supplier and team performance, identify areas for process improvement, and implement solutions to enhance efficiency and productivity. 
• Reporting: Prepare and present reports on procurement activities, expenditures, and cost savings to management.

REQUIREMENT/QUALIFICATION

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field
• Certifications in Supply Chain Management and Purchasing is an added advantage.
• 5-7 years of experience in procurement or supply chain management
• 3 + years of experience in a leadership or supervisory role
• Strong negotiation and contract management skills
• Excellent communication and interpersonal abilities
• Proficiency in procurement software and Microsoft Office Suites
• Strong analytical and problem-solving skills
• Ability to manage multiple priorities and meet deadlines
• Knowledge of Procurement regulations and compliance standards
• Experience with supplier relationship management 

Salary: 450,000 – 600,000