Procurement specialist at JNC International Limited in Lagos

Position Overview

In this role, you will be in charge of organizing, executing, and supervising our entire stock chain plan and in order to optimize effectiveness and productivity. You will discover the best ways to cut procurement expenditures, so that the organization can commit to its growth and people.

Primary duties Buying:

• Estimate and establish cost parameters and financial plans for buys
• Bargain with vendors to compare proposals, timelines, and pricing to secure advantageous terms for the organization
• ⁠Procure premium quality and cost-productive inventory for the organization
• ⁠Formulate a procurement strategy for both for local and international suppliers, so that efficient and productively procurement processes are possible
• ⁠Evaluate the organization’s qualifications and assess every procurement alternative before every buy.
• ⁠Assess letter of credit documents and work alongside accounting department to guarantee prompt fulfilment of liabilities.
• ⁠Organize all documents for buying and making a agreement.

Logistics:

• Track orders and guarantee promptness dispatch
• Select transportation routes to optimize economy by joining shipments or integrating warehousing and allocation.
• ⁠Organize with international logistic staff to guarantee proper shipment dispatch

Vendor Management:

• Preserve positive connections with suppliers, managing with internal teams regarding their stock needs, and monitoring the buying team in their routine initiatives
• Track supplier/vendor effectiveness to evaluate capability to meet quality and dispatch qualifications
• ⁠Examine and test current vendor agreements
• ⁠Analysis and discover new vendors, verify and add to vendors list

Document Keeping:

• Enter order description (e.g., vendors, quantities, prices, dates) of all buys made into internal DB
• Preserve and modify the list of suppliers and their credentials, dispatch times, and possibility future development
• ⁠Preserve updated document of bought goods, dispatch information and bills
• ⁠Organize and send documentation on buys, which includes cost evaluation

Other:

• Routinely visit markets and buying channels and evaluate prices and modify buying decisions as necessary
• Track and documentation key operational indicators to reduce expenditures and enhance performance
• ⁠Regulate spend and build an environment that fosters long-term saving on procurement expenses
• ⁠Recognize cost-saving avenues inside the company
• ⁠Keep abreast of local and international market terms and guidance management if safety procurement is essential
• ⁠Formulate and modify material expenses for all inventory and materials used inside the organisation
• ⁠Organize with stock to decide and oversee stock needs
• ⁠Organize with warehouse employees to guarantee proper storage
• ⁠Work to enhance buying operational structures and methods
• ⁠Projection generation and stock needs, in synchronization with the Generation and Sales Managers
• ⁠Participate trade shows and exhibitions to stay current with market trends
• ⁠Evaluate or modify stock chain procedures in accordance with new or evolving ecological rules, guidelines, rules, or legal provisions.

Credentials

• Bachelor's degree/Higher national diploma in stock chain management, logistics, business management or relevant field
• Proven operating expertise as a Procurement specialist
• Robust financial evaluation competencies
• ⁠Outstanding expertise in procurement and procurement methods
• ⁠Robust capability to carry out market analysis and ‘read’ the market
• ⁠Good expertise in vendor procurement procedures (conducting analysis, analyzing, and coordinating with with vendors)
• ⁠In-depth understanding of stock and stock chain management
• ⁠Capability to operate with various levels of the supplier from the local and international market.

Mindset:

• Must be a analytical with outstanding analytical abilities
• Must be shrewd and conservative
• Must be committed to work long hours and be very responsive when conditions require this.
• Must possess the capability to oversee various duty productively without errors.