
Procurement Operations Executive
4 days ago
**Job Summary**:
**Key Responsibilities**:
**1. Procurement Process Management**:
o Review purchase requisitions, purchase orders, and other procurement transactions.
o Ensure compliance with procurement policies and regulatory requirements.
o Oversee the end-to-end procurement cycle, from sourcing to delivery.
o Streamline procurement workflows to enhance efficiency and reduce operational bottlenecks.
**2. Supplier Management**:
o Support sourcing team during supplier identification, evaluation process by providing relevant performance data.
o Managing and monitoring supplier contracts to ensure compliance with agreed-upon terms.
o Responsible for material code creation of indirect material category.
o Support in supplier code creation and complete onboarding process for new suppliers.
o Follow-up with suppliers on delivery of goods.
**3. Cost Optimization & Inventory Control**:
o Ensure accurate inventory management and timely replenishment of stock to meet operational needs.
o Implement cost-control measures while maintaining quality and service level expectations.
**4. Compliance & Risk Management**:
o Ensure procurement activities align with internal policies and external regulatory requirements.
o Identify and mitigate procurement-related risks, including supplier reliability and contractual risks.
o Maintain audit-ready documentation and reports to facilitate transparency.
**5. Stakeholder Collaboration & Communication**:
o Liaise with various departments to understand procurement requirements and deliver optimal solutions.
o Co-ordinate with SAP team for data management and governance
o Collaborate with finance, operations, and logistics teams for seamless procurement execution.
o Provide regular updates and insights to senior management on procurement operational performance.
o Act as a point of contact for resolving procurement-related transactional issues.
**6. Data Analysis & Reporting**:
o Utilize procurement analytics to assess spending patterns and vendor performance.
o Prepare detailed reports on procurement costs, efficiency, and savings opportunities.
o Leverage data-driven insights to enhance sourcing strategies and improve supplier negotiations.
o Ensure accurate documentation and record-keeping for future reference and audits.
**Required Skills & Qualifications**:
o Bachelor's degree in Engineering or Technology is required.
o 2-5 years of experience in Gmmco Ltd.
o Strong analytical, and problem-solving skills.
o Prior work experience in Procurement.
o Proficiency in procurement software (SAP, Oracle, Ariba, or similar ERP systems).
o Excellent communication and stakeholder management abilities.
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