Procurement Analyst
First Excelsia Professional Services Limited
Lagos, Nigeria
2d ago
source : Fuzu

Job Description

  • The ideal role holder will be responsible for vendor management and will focus on identifying the best supplier to support the business needs.
  • The role holder will liaise between internal departments and suppliers, analyzing and comparing product parameters, and negotiating procurement contracts on behalf of the company.
  • The role is also responsible for cost-benefit analyses to determine where to improve, re-negotiating contracts with existing suppliers or negotiating contracts with new suppliers.
  • This role is essential to the efficiency and success of the organisation.
  • Person Specification

  • Minimum of Bachelor’s Degree in Finance, Business Administration, Accounting, or any relevant field from a recognised Institution
  • Minimum of 2 years’ proven work experience as a Procurement Analyst, Supply Chain Analyst or a similar role
  • Solid understanding of Business management, supply chain management, strategic sourcing, and e-procurement.
  • Proficient in making accurate forecasts to meet the retailers demand and taking part in new product launches for maintaining daily inventory.
  • Exceptional negotiation skills
  • Advanced analytical skills.
  • Excellent interpersonal and communication skills.
  • Responsibilities

  • Manage suppliers’ key performance indicators (KPIs) to ensure targets are reached for cost, service, and quality levels across all operating centres.
  • Keep a close eye on the market to identify trends and develop business improvement initiatives.
  • Carryout Market Survey for benchmarking purposes
  • The regular review of all tender items / contracts within the Sponsoring Department ensuring that time schedules are being adhered to and contract ceiling value are not exceeded
  • Facilitate the proper filing of all hard and soft documentation in respect of the Tender / Contract from tender initiation to Contract close-out stage in conjunction with the Legal Department
  • Act as a liaison, communicating pricing and performance needs to vendors and suppliers.
  • Document processes and report periodically with usable metrics
  • Identify and develop standard processes that address company’s acquisition requirements
  • Coordinate with warehouse, logistics & distribution team and maintain an optimal stock level.
  • Provide recommendations on all procurement related issues, plans, reports, trainings and metrics.
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