Retail / Sales

Inventory / Procurement Lead in a Leading E-Commerce, Retail and Distribution Company

A leading E-Commerce, Retail, and Distribution Company in the ICT industry with a team of highly creative individuals is seeking to employ an experienced candidate to fill the position below:

Job Title: Inventory / Procurement Lead

Location: Ikeja, Lagos
Employment Type: Full-time

Job Profile

  • As the Procurement Lead, you will be responsible for sourcing ICT & Lifestyle goods and services and managing vendors.
  • The successful candidate will be able to perform strategic procurement activities across multiple categories, search for better deals and find more profitable suppliers.

Duties and Responsibilities

  • Develop,lead and execute procurement strategies
  • Track and report key functional metrics to reduce expenses and improve the effectiveness
  • Set policy and guidelines for delivering commercial and cost-effective procuring process for the business.
  • Develop key relationships with business stakeholders and strategic supply partners to improve business.
  • Implement change and develop new processes to better procure goods and services.
  • Negotiate contracts with suppliers to obtain the best price and service.
  • Craft negotiation strategies and close deals with optimal terms
  • Partner with stakeholders to ensure clear requirements documentation
  • Forecast price and market trends to identify changes of balance in buyer-supplier power
  • Perform cost and scenario analysis and bench-marking
  • Assess,manage and mitigate risks
  • Seek and partner with reliable vendors and suppliers
  • Determine quantity and timing of deliveries
  • Monitor and forecast upcoming levels of demand
  • Manage overall direction, coordination, and procurement evaluation for the business.
  • Implement procurement strategies to maintain the security of supply and optimum value for money.
  • Analyze market and delivery trends so as to develop procurement technologies and processes that support those trends.
  • Conduct business review meetings with key stakeholders to assess risk, review future strategies, and identify potential cost down and improvement opportunities.
  • Provide periodic reporting for Management on purchasing, controls, and processes.
  • Develop supplier database and establish annual purchasing contracts for a lower value, high-value items
  • Develop workflow process in line with ERP software system.
  • Ensure principles of value for money, transparency, fairness, efficiency, and accountability are evident in all dealings.
  • Advise Management on the improved procurement process, management of company assets, and replacement strategies.

Qualifications and Experience

  • B.Sc degree in supply chain management, logistics or business administration
  • 5-7 years’ work-related experience and a solid experience in Procurement and Inventory Management.

Skills & Expertise:

  • Familiarity with sourcing and vendor management
  • Interest in market dynamics along with a business sense
  • A knack for negotiation and networking
  • Working experience with ERP software
  • Ability to gather and analyze data and to work with figures
  • Solid judgement with the ability to make good decisions
  • Strong leadership capabilities

Deadline: 4th February, 2021.

Method of Application
Interested and qualified candidates should send their CV to: using the “Job Title” as the subject of the email.

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