Procurement Specialist at Benin Electricity Distribution Company (BEDC)

Benin Electricity Distribution Plc. (BEDC) is responsible for retail distribution of electricity in Delta, Edo, Ekiti, and Ondo States with geographical coverage of 55,770 square km. The Company operates from 8 regions with approximately 350 offices located across the four states with about 13 million people and about million households.

We are recruiting to fill the position below:

Job Title: Procurement Specialist

Location: Benin City, Edo

General Responsibilities

• The job is responsible for oversight of all revenue-related purchasing and inventory management for all strategic business units in the hotel towards ensuring high quality, cost-effective, reliable and efficient procurement and distribution of supplies.

Activities

• Develops and implement strategies and templates for procuring, storing, and distributing goods or services and maintaining stock levels
• Establishes and implements robust company-wide purchasing procedures and policies
• Track inventory, logistics and supply of goods
• Maintains data on procurement cycles and utilises that knowledge for accurate procurement forecasting
• Prepares detailed reports on inventory operations, stock levels, and adjustments to guide Management decision making
• Inspects the levels of business supplies and materials to identify shortages.
• Ensure product stock is adequate for all outlets and can cover direct demand from customers.
• Conducts continuous improvement of the company’s procurement procedures, supply chain, and logistics management with a view to reducing costs
• Maintains standardization with regard to quality and specification of purchases and supply
• Analyzes different suppliers and supply sources to obtain the most cost-effective deals and timelines.
• Develops procurement strategies that are inventive and cost-effective.
• Manages the procurement budget and promotes a culture of saving on procurement costs through long-term procurement planning
• Takes the lead in screening and reviewing bids and quotations and negotiating contracts, reviewing final contract language, supplier’s bills etc.
• Approves purchase orders and organizes and confirms delivery of goods and services
• Reviews purchase requests and ensures approval is in place for large spend items before discussions and negotiations commence
• Manages the process of sourcing and engaging reliable suppliers and vendors.
• Contributes to negotiations with suppliers and vendors to secure advantageous terms
• Building and maintaining long-term relationships with vendors and suppliers
• Liaises with suppliers to understand market conditions and any potential impact these might have on pricing
• Ensures the integrity of the competitive process, facilitates bidder debriefings and exercises appropriate judgement and tact while ensuring the protection of confidential information
• Any other duties as may be assigned to you by your manager.

Accountabilities

• Profit Margin
• Compliance Rate
• Vendor fulfilment rate
• Vendor lead time
• Procurement fulfilment rate
• Procurement lead time
• Vendor size
• Purchase order cycle time
• Procurement Return on Investment
• Vendor defect rate
• Purchase Order and invoice accuracy
• Supplier defect rate
• Emergency Purchase ratio

Context:

• An Electricity Distribution Company in a highly regulated sector of the economy with serious concern for effective processes and outcomes, a diversified workforce of technical and professional staff to provide excellent administrative support services to management and staff.

Qualifications / Experience / Skills
Qualifications:

• Minimum of Higher National Diploma (HND) / Bachelor's Degree (B.Sc.) in any relevant discipline.
• A Masters in Degree in Purchasing and Supply or Purchasing and Logistics or an MBA or equivalent postgraduate degree will be an added advantage
• A member of the Chartered Institute of Purchasing and Supply (CIPS) or a related field is an added advantage

Experience:

• 3 years’ experience in Procurement and Supply Chain
• Competitor Analysis;
• Industry & Market Knowledge;
• Strategy and Business Performance;
• Business ethics associated with dealing with suppliers and internal customers is essential; etc
• Ability to use basic computer software

Skills:

• Excellent written and oral communication skills;
• Leadership Skills;
• Negotiation skills;
• Planning & Organising;
• Analytical skills and familiarity with data analysis principles;
• Commercial Awareness;
• Strong organizational skills;
• Relationship Management;
• Microsoft Office Proficiency;
• Project Management;
• Financial Management;
• Operations Management;
• Purchasing and Supply Chain Management;
• Proven ability to utilize and develop computerized spreadsheets and word-processing applications;
• Procurement Technology adaptation;
• Keen attention to detail and accuracy; etc

Application Closing Date
22nd February, 2023.