Job Title:  Senior Procurement Associate

Job Summary

The Senior Procurement Associate is responsible for overseeing all procurement activities, including vendor management and supplier engagement. This role ensures that goods and services are acquired in a timely, cost-effective, and compliant manner while maintaining high-quality standards. Additionally, the position involves optimizing procurement processes and supporting strategies aimed at enhancing cost efficiency, supplier performance, and organizational procurement goals.

Job Description

• Oversee the procurement of goods and services, ensuring alignment with company needs and budget.

• Identify, evaluate, and select reliable suppliers and vendors.

• Conduct market research to identify cost-saving opportunities and industry trends.

• Review and approve purchase orders, ensuring accuracy and adherence to procurement policies.

• Monitor inventory levels and coordinate with internal teams to prevent shortages or overstocking.

• Collaborate with finance and logistics teams to ensure timely payment and delivery.

• Ensure all procurement activities comply with company policies and regulatory requirements.

• Assess and mitigate risks related to procurement and supplier performance.

• Maintain procurement records and documentation for audits and reporting.

• Identify and implement improvements in procurement processes to enhance efficiency.

• Analyze procurement data and generate reports on spending, savings, and supplier performance.

• Provide training to junior procurement staff and support cross-functional collaboration.

Skills

• Strong negotiation, contract management, and vendor evaluation skills.

• Excellent analytical, problem-solving, and communication abilities.

• In-depth understanding of procurement regulations, compliance, and risk management.

• Strong teamwork and collaboration skills.

• Highly driven with the ability to demonstrate initiative and proactively seek solutions.

• Strong leadership qualities, with the ability to motivate, coach, and develop others.

• Ability to manage relationships effectively with both internal and external stakeholders.

Education

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.

• Chartered Institute of Procurement & Supply (CIPS) certification is a plus.

• 5+ years of experience in procurement, sourcing, or supply chain management.

• Experience with procurement software and ERP systems is advantageous.