Procurement Team Lead needed at Fadac Resources

Job Summary:

• The ideal candidate will be responsible for optimizing the procurement process, ensuring cost effectiveness, and building strong relationships with vendors and suppliers.
• You will lead a team to execute procurement strategies that align with the company’s goals and drive efficiency across all purchasing activities.

Job Responsibilities:

• Develop, implement, and manage procurement strategies for local and foreign suppliers that support the company’s business objectives.
• Identify trends, patterns, and opportunities for process optimization, cost reduction, and operational efficiency improvement in the Company’s procurement process.
• Collaborate with cross-functional teams to gather relevant data and insights for analysis.
• Develop and maintain revenue performance metrics and KPIs, monitoring performance against targets and providing regular reports and analysis to stakeholders.
• Assist in implementing systems, technologies, and tools to enhance transparency, visibility, efficiency, and collaboration with clients and internal customers.
• Collaborate with suppliers and vendors to standardize and optimize procurement processes, improve lead times, and ensure quality and reliability of the Company’s supply chain.
• Support the analysis and evaluation of supplier performance, including monitoring on-time delivery, quality metrics, and contract compliance.
• Lead negotiations with suppliers to secure favorable pricing, terms, and conditions while maintaining quality standards.
• Monitor market trends and industry best practices in the commodities trading, haulage & logistics supply chain management, identifying opportunities for innovation and competitive advantage.
• Informs Company’s personnel of standard purchasing procedures and regulations and maintains purchasing records.
• Ensure appropriate cost, quality and vendor analysis/comparisons before embarking on the purchase of any and all equipment.

Job Requirements:

• Minimum of a first degree in Accounting, Finance, Economics, Business Administration, Supply Chain Management, or any related discipline.
• 5 7 years of previous experience in a similar role
• Proven track record in leading or setting up a procurement team and leading cross-functional projects.
• Experience within commodities trading space will be an added advantage.
• Credible experience in across the procurement value-chains.
• Knowledge of import processes
• Experienced at compiling and following strict budgets.