Procurement Manager at Drinks.ng

Drinks.ng is the largest online distributor of beer, spirit, and wine in Nigeria. Buying drinks from our online store is the safest and easiest way to shop for your drinks in Lagos, Ibadan, Abuja and other states. We save you time, and help you avoid long queues and crowded stores.

We are recruiting to fill the position below:

Job Title: Procurement Manager

Location: Lagos
Employment Type: Full Time

Job Summary

• The Procurement Manager oversees the company’s sourcing capabilities and supply chain.
• The Procurement Manager is also responsible for finding and evaluating suppliers, products and services, negotiating contracts and acquiring the most cost-efficient deals without compromising on quality

Key Responsibilities
Procurement Strategy:

• Develop and implement effective procurement strategies aligned with the company's business objectives.
• Identify cost-saving opportunities and streamline procurement processes.

Supplier Management:

• Build and maintain strong relationships with suppliers, negotiating favorable terms and conditions.
• Evaluate supplier performance and implement improvement plans as needed.

Sourcing and Contract Negotiation:

• Conduct market research to identify potential suppliers and source quality products.
• Lead contract negotiations, ensuring favorable terms and compliance with regulations.

Cost Analysis and Budgeting:

• Analyze costs, market trends, and economic indicators to make informed procurement decisions.
• Develop and manage procurement budgets to optimize spending.
• Data Management and Analysis:
• Utilize advanced data management tools and analytics to extract insights and support decision-making.
• Implement data-driven strategies to enhance procurement efficiency.

Risk Management:

• Identify and mitigate risks related to procurement activities, ensuring continuity of supply.
• Implement risk management protocols and contingency plans.

Compliance and Regulatory Adherence:

• Ensure compliance with relevant laws, regulations, and company policies in all procurement activities.
• Stay updated on changes in regulations affecting procurement.

Process Improvement:

• Continuously evaluate and improve procurement processes to enhance efficiency and effectiveness.
• Implement best practices and innovative solutions in procurement operations.

Team Leadership and Development:

• Lead and inspire the procurement team, fostering a culture of excellence and continuous improvement.
• Provide mentorship and training to enhance team skills and capabilities.

Supplier Diversity and Sustainability:

• Promote supplier diversity initiatives and sustainable procurement practices.
• Evaluate and select suppliers with a focus on social and environmental responsibility.

Qualifications

• Bachelor's Degree in Business, Supply Chain Management, or a related field. MBA is a plus.
• Proven experience as a Procurement Manager, preferably in the beverage or distribution industry.
• Advanced knowledge of procurement software and data analytics tools.
• Strong negotiation, communication, and interpersonal skills.
• In-depth understanding of procurement regulations and compliance requirements.
• Analytical mindset with the ability to interpret complex data sets.
• Discover profitable suppliers and initiate business and organization partnerships
• Negotiate with external vendors to secure advantageous terms
• Approve the ordering of necessary goods and services
• Finalize purchase details of orders and deliveries
• 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
• Foresee alterations in the comparative negotiating ability of suppliers and clients
• Expect unfavorable events through analysis of data and prepare control strategies
• Perform risk management for supply contracts and agreements
• Control spend and build a culture of long-term saving on procurement costs.

Application Closing Date
13th February, 2024.