Procurement Officer

As a Vendor Management professional, your primary responsibility will be to identify, evaluate, and manage vendors and suppliers in order to meet quality, cost, and delivery requirements. You will play a crucial role in building and maintaining relationships with key vendors while monitoring their performance to ensure compliance with company standards. Additionally, you will be conducting regular supplier evaluations to uphold the quality of services provided. In the realm of Procurement Process Management, you will coordinate the procurement process by preparing purchase orders, monitoring inventory levels, and ensuring the timely delivery of goods. Your role will also involve overseeing contract negotiations to secure cost-effective and favorable terms for the company. Collaborating with the legal team to review terms and conditions in vendor contracts will be an essential part of your responsibilities. Cost Analysis and Budgeting will be a key aspect of your role, where you will be required to analyze and assess the total costs of company purchases with the aim of reducing unnecessary expenditures. Your assistance in preparing procurement budgets and forecasts based on project and operational needs will be vital. Furthermore, conducting cost-benefit analysis for different software tools and equipment to determine long-term value will be part of your responsibilities. In terms of Compliance and Documentation, you will ensure that all procurement activities comply with internal policies, procedures, and external regulations. Maintaining detailed records of all procurement transactions and supplier agreements will be crucial, along with preparing and presenting regular reports on procurement activities, spend, and savings. Risk Management and Mitigation will also fall within your purview, requiring you to identify potential risks in the supply chain and develop strategies to mitigate these risks. Ensuring continuity of supply by developing alternative sourcing options for critical items will be necessary to safeguard operations. Cross-Functional Collaboration will be a key aspect of your role, involving close collaboration with IT, finance, legal, and project management teams to identify procurement needs, streamline purchasing processes, and support operational goals. Engaging with stakeholders to understand software and equipment requirements for new projects will also be a critical part of your responsibilities. Requirements: - Education: Bachelors degree in Business Administration, Supply Chain Management, or related field. Certification in procurement or supply chain management (e.g., CIPS, CPSM) is a plus. - Experience: 4+ years of experience in procurement, ideally in IT or software-related purchasing. - Technical Knowledge: Familiarity with software licensing models, cloud services, SaaS procurement, and vendor management best practices is essential for this role.,