Strategic Sourcing Specialist
1 day ago
Job Overview:
The role of a Purchase Manager involves overseeing the procurement process, ensuring that all purchases are made in accordance with industry standards and statutory requirements.
Key Responsibilities:
- Develop Procurement Strategies: Create tailored procurement strategies to meet the minerals and mining industry's needs.
- Source and Negotiate Contracts: Identify, negotiate, and finalize contracts for equipment, spare parts, explosives, fuel, and other mining-related consumables.
- Maintain Vendor Relationships: Build and maintain strong relationships with local and international suppliers to ensure timely supply.
- Monitor Market Trends: Stay up-to-date on market trends, commodity prices, and logistics costs to achieve cost savings.
- Inventory Planning: Coordinate with operations and warehouse teams to ensure effective inventory planning.
- Evaluate Supplier Performance: Assess supplier performance based on quality, reliability, pricing, and delivery timelines.
- Ensure Compliance: Ensure that all purchases comply with statutory requirements, safety norms, and environmental regulations.
- Manage Logistics: Oversee contracts with logistics providers for mineral transportation.
- Identify Process Improvements: Continuously identify opportunities for process improvements and automation in procurement.
- Lead the Procurement Team: Lead, mentor, and develop the procurement team to meet business objectives.
Required Skills and Qualifications:
- Education: Bachelor's degree in Supply Chain, Business Administration, Mining Engineering, or related field (MBA preferred).
- Experience: 7-10 years of procurement experience, with at least 4-5 years in the minerals/mining sector.
- Knowledge: Strong knowledge of mining equipment, spare parts, raw materials, and international trade regulations.
- Skills: Excellent negotiation, vendor management, and contract drafting skills. Proficiency in ERP systems, inventory management, and MS Office.
- Personal Abilities: Strong analytical, problem-solving, and leadership abilities.
- Industry Knowledge: Familiarity with safety, statutory compliance, and sustainability practices in mining.
What We Offer:
- Competitive Salary: A competitive salary package with performance incentives.
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