Procurement Team Lead at Fadac Resources

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
102580
Job Views
58

Job Description



Job Summary:



  • The ideal candidate will be responsible for optimizing the procurement process, ensuring cost effectiveness, and building strong relationships with vendors and suppliers.

  • You will lead a team to execute procurement strategies that align with the company's goals and drive efficiency across all purchasing activities.


Job Responsibilities:



  • Develop, implement, and manage procurement strategies for local and foreign suppliers that support the company’s business objectives.

  • Identify trends, patterns, and opportunities for process optimization, cost reduction, and operational efficiency improvement in the Company’s procurement process.

  • Collaborate with cross-functional teams to gather relevant data and insights for analysis.

  • Develop and maintain revenue performance metrics and KPIs, monitoring performance against targets and providing regular reports and analysis to stakeholders.

  • Assist in implementing systems, technologies, and tools to enhance transparency, visibility, efficiency, and collaboration with clients and internal customers.

  • Collaborate with suppliers and vendors to standardize and optimize procurement processes, improve lead times, and ensure quality and reliability of the Company’s supply chain.

  • Support the analysis and evaluation of supplier performance, including monitoring on-time delivery, quality metrics, and contract compliance.

  • Lead negotiations with suppliers to secure favorable pricing, terms, and conditions while maintaining quality standards.

  • Monitor market trends and industry best practices in the commodities trading, haulage & logistics supply chain management, identifying opportunities for innovation and competitive advantage.

  • Informs Company’s personnel of standard purchasing procedures and regulations and maintains purchasing records.

  • Ensure appropriate cost, quality and vendor analysis/comparisons before embarking on the purchase of any and all equipment.


Job Requirements:



  • Minimum of a first degree in Accounting, Finance, Economics, Business Administration, Supply Chain Management, or any related discipline.

  • 5 – 7 years of previous experience in a similar role

  • Proven track record in leading or setting up a procurement team and leading cross-functional projects.

  • Experience within commodities trading space will be an added advantage.

  • Credible experience in across the procurement value-chains.

  • Knowledge of import processes

  • Experienced at compiling and following strict budgets.


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