Job Description
Job Overview:
We are seeking an experienced and strategic Head of Procurement to lead our procurement function. The Head of Procurement will play a pivotal role in developing and implementing effective procurement strategies, ensuring the timely and cost-effective acquisition of goods and services while maintaining high standards of quality.
Responsibilities:
Strategic Procurement:
- Develop and implement strategic procurement plans aligned with the company's goals.
- Lead the procurement team in sourcing, negotiating, and procuring goods and services.
Supplier Management:
- Build and maintain strong relationships with suppliers, contractors, and vendors.
- Evaluate and select vendors based on performance, quality, and cost-effectiveness.
Contract Negotiation:
- Negotiate contracts and agreements with suppliers to secure favorable terms and conditions.
- Ensure compliance with legal and regulatory requirements in all procurement activities.
Cost Management:
- Implement cost-effective procurement strategies to achieve financial objectives.
- Identify cost-saving opportunities without compromising quality.
Quality Assurance:
- Collaborate with relevant stakeholders to establish and maintain quality standards.
- Monitor supplier performance and address issues related to product or service quality.
Risk Management:
- Identify and mitigate potential risks in the procurement process.
- Develop and implement risk management strategies to safeguard the procurement function.
Process Improvement:
- Continuously evaluate and enhance procurement processes for efficiency.
- Implement best practices to streamline the procurement lifecycle.
Team Leadership:
- Lead, mentor, and develop the procurement team.
- Foster a collaborative and results-driven team culture.
Budget Management:
- Collaborate with finance to develop and manage procurement budgets.
- Monitor and control expenditures to align with budgetary constraints.
Reporting:
- Generate regular reports on procurement performance for senior management.
- Provide insights and recommendations to support decision-making.
Qualifications:
- Bachelor's degree in Business, Supply Chain Management, or a related field. Master's degree is a plus, and professional certifications.
- A minimum of 5 years of experience in procurement, with a focus on strategic sourcing and vendor management.
- Proven track record of implementing successful procurement strategies.
- Strong negotiation and contract management skills.
- Excellent leadership and team management abilities.
- Familiarity with procurement in the real estate industry is advantageous.