Senior Manager Procurement needed at Food Concepts Plc

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Job title : Senior Manager Procurement

Job Location : Lagos

Deadline : October 19, 2024

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Job Purpose

  • To Develop and/or update procurement policies and procedures; and develop a centralized procurement program that will add value and efficiency to the organization. Responsible for developing a strategic approach to the corporate procurement and material management process for the purchase of direct and indirect goods and services.

Core Responsibilities and Key Result Areas

Strategic Planning and Alignment

  • Assesses business requirements and recommend strategies  to achieve objective
  • Develop and communicate a procurement business plan; establish, communicate and implement long-term goals for the department in order to promote effectiveness and efficiency.
  • Develop, communicate and administer procurement team performance and development plans and appraisals.
  • Serve as the primary contact for procurement related questions, policy and procedure interpretation and alignment by all departments.

Procurement Management

  • Oversee contract development and administration.
  • Manage current procurement policies, procedures and programs with a focus on their ability to enhance organizational value and efficiency
  • Develop a centralized procurement program that adds value and efficiency to the organization
  • Development of KPIs for strategic sourcing which drives continuous improvement
  • Set up policies and guidelines for delivering commercial and cost- effective purchasing process for the business
  • Manage workflow from initiation to completion
  • Managing and cultivating new and existing relationship with a large portfolio of supply vendors
  • Research and anticipate shifts in the negotiating power of suppliers and develop effective negotiation strategies with the aim to secure profitable deals
  • Develop and implement forward thinking procurement strategies to both optimize spending and minimize risk and generate savings
  • Discover profitable suppliers and initiate business and organization partnerships
  • Negotiate with external vendors to secure advantageous terms
  • Plan and approve the ordering of necessary goods and services
  • Track and report key functional metrics to reduce expenses and improve effectiveness
  • Collaborate with key persons to ensure clarity of the specifications and expectations of the company
  • Oversight of the supplier evaluation and purchase negotiation process
  • Work with other operational planning staff to analyse the material needs of the organization and create a procurement plan
  • Monitor the purchasing reports for all the agreements they have with suppliers and vendors

Risk and Cost Management

  • Manage unfavorable events through analysis of data and prepare control strategies
  • Perform risk management for supply contract
  • Control spend and build a culture of long-term saving on procurement costs
  • Protection of Food Concepts from possible risks related to the procurement of goods and services
  • Examine and test existing contracts
  • Ensure clear audit trail, process transparency and clarity of roles of individual parties in the Procurement process
  • Manage the budget on company’s overall cost of sales and Procurement Department annual expense
  • Reporting and Supervision
  • Plan, assigns and supervises staff
  • Implement Initiatives and operations
  • Plan, schedule, coordinate, review and report on the work of staff

Key Performance Indicators

  • Achievement of Company Sales, EBITDA, GP, PAT targets
  • Achievement of Supply Chain Department’s budget/targets/objectives
  • Achievement of Individual Personal Development Plans

Knowledge Requirements

  • Strong industry knowledge
  • Strong interpersonal relationship, communication and presentation skills
  • Advance Knowledge of Inventory Management
  • Advance Knowledge of Cost management
  • Advance Knowledge of applicable legislations, as well as policies and procedures
  • Demonstrates expertise in Procurement management
  • Educates team and internal users on procurement processes
  • Enforces agreed decisions

Job Specifications

  • A good first degree in social/management/physical sciences
  • Possession of a Post graduate degree in Supply Chain Management/Procurement/Business Administration or related field is an added advantage
  • Membership of the CIPS, CILS, CILCS, CISCOM, Lean Six Sigma or any other related professional qualification is required.
  • Minimum of 8 years’ experience in a similar role, especially in the QSR/Food Industry sector

Decision Expectations

  • Acts on defined procedures and decisions
  • Enforces agreed decisions
  • Plans own work schedule and work schedule of subordinates
  • Assigns work to subordinates
  • Monitor subordinates’ work performance
  • Appraises/evaluates subordinates’ performance

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

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