Head of Procurement

Job Title / Position : Head of Procurement

Job Scope : Head of Procurement is responsible for overseeing an organization's entire procurement process, which includes developing and executing procurement strategies, managing supplier relationships, negotiating contracts, ensuring compliance with regulations, leading a procurement team, setting the procurement budget, and identifying cost-saving opportunities across all purchasing activities.

Line Manager : Head of Supply Chain

Direct Reports : Procurement Category Managers, Procurements Compliance Managers

Job Classification : Senior Management

Key Tasks and Responsibilities :

• Strategic Procurement Planning : Creating and implementing a comprehensive procurement strategy aligned with the company's overall business goals.
• Supplier Management : Building and maintaining strong relationships with key suppliers, evaluating their performance, and managing contract renewals.
• Contract Negotiation : Negotiating favorable terms and pricing with suppliers on contracts, ensuring value for money and risk mitigation.
• Cost Optimization : Identifying cost-saving opportunities through supplier consolidation, price analysis, and contract optimization.
• Team Leadership : Leading and managing a team of procurement professionals, including setting goals, providing coaching, and performance evaluation.
• Spend Analysis : Analyzing purchasing data to identify trends, areas for improvement, and potential cost reduction opportunities.
• Compliance Management : Ensuring adherence to all relevant procurement policies, procedures, and regulatory requirements.
• Stakeholder Engagement : Collaborating with cross-functional teams across the organization to understand their procurement needs and align procurement strategy accordingly.
• Risk Management : Identifying and mitigating potential risks associated with procurement, such as supplier disruptions or quality issues.
• Technology Implementation : Evaluating and implementing procurement software and tools to streamline processes and improve efficiency

Requirements

Skills & Competence : Negotiation, Strategic Sourcing, Market Research, Supplier Management, Contract Management, Financial Analysis, Risk Management, Data Analysis.