Procurement Specialist at Benin Electricity Distribution Plc. (BEDC)

Job Overview

Location
Lagos, Kogi
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
36622
Job Views
192

Job Description



The job is responsible for oversight of all revenue-related purchasing and inventory management for all strategic business units in the hotel towards ensuring high quality, cost-effective, reliable and efficient procurement and distribution of supplies.


Activities



  • Develops and implement strategies and templates for procuring, storing, and distributing goods or services and maintaining stock levels

  • Establishes and implements robust company-wide purchasing procedures and policies

  • Track inventory, logistics and supply of goods

  • Maintains data on procurement cycles and utilises that knowledge for accurate procurement forecasting

  • Prepares detailed reports on inventory operations, stock levels, and adjustments to guide Management decision making

  • Inspects the levels of business supplies and materials to identify shortages.

  • Ensure product stock is adequate for all outlets and can cover direct demand from customers.

  • Conducts continuous improvement of the company’s procurement procedures, supply chain, and logistics management with a view to reducing costs

  • Maintains standardization with regard to quality and specification of purchases and supply

  • Analyzes different suppliers and supply sources to obtain the most cost-effective deals and timelines.

  • Develops procurement strategies that are inventive and cost-effective.

  • Manages the procurement budget and promotes a culture of saving on procurement costs through long-term procurement planning

  • Takes the lead in screening and reviewing bids and quotations and negotiating contracts, reviewing final contract language, supplier’s bills etc.

  • Approves purchase orders and organizes and confirms delivery of goods and services

  • Reviews purchase requests and ensures approval is in place for large spend items before discussions and negotiations commence

  • Manages the process of sourcing and engaging reliable suppliers and vendors.

  • Contributes to negotiations with suppliers and vendors to secure advantageous terms

  • Building and maintaining long-term relationships with vendors and suppliers

  • Liaises with suppliers to understand market conditions and any potential impact these might have on pricing

  • Ensures the integrity of the competitive process, facilitates bidder debriefings and exercises appropriate judgement and tact while ensuring the protection of confidential information

  • Any other duties as may be assigned to you by your manager.


Accountabilities



  • Profit Margin

  • Compliance Rate

  • Vendor fulfilment rate

  • Vendor lead time

  • Procurement fulfilment rate

  • Procurement lead time

  • Vendor size

  • Purchase order cycle time

  • Procurement Return on Investment

  • Vendor defect rate

  • Purchase Order and invoice accuracy

  • Supplier defect rate

  • Emergency Purchase ratio


Context:



  • An Electricity Distribution Company in a highly regulated sector of the economy with serious concern for effective processes and outcomes, a diversified workforce of technical and professional staff to provide excellent administrative support services to management and staff.


Qualifications / Experience / Skills


Qualifications:



  • Minimum of Higher National Diploma (HND) / Bachelor's Degree (B.Sc.) in any relevant discipline.

  • A Masters in Degree in Purchasing and Supply or Purchasing and Logistics or an MBA or equivalent postgraduate degree will be an added advantage

  • A member of the Chartered Institute of Purchasing and Supply (CIPS) or a related field is an added advantage


Experience:



  • 3 years’ experience in Procurement and Supply Chain

  • Competitor Analysis;

  • Industry & Market Knowledge;

  • Strategy and Business Performance;

  • Business ethics associated with dealing with suppliers and internal customers is essential; etc

  • Ability to use basic computer software


Skills:



  • Excellent written and oral communication skills;

  • Leadership Skills;

  • Negotiation skills;

  • Planning & Organising;

  • Analytical skills and familiarity with data analysis principles;

  • Commercial Awareness;

  • Strong organizational skills;

  • Relationship Management;

  • Microsoft Office Proficiency;

  • Project Management;

  • Financial Management;

  • Operations Management;

  • Purchasing and Supply Chain Management;

  • Proven ability to utilize and develop computerized spreadsheets and word-processing applications;

  • Procurement Technology adaptation;

  • Keen attention to detail and accuracy; etc


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