Procurement Lead at a 360-Degree Marketing Consult, Support, Strategy Development and Business Solutions Company - First Excelsia Professional Services Limited

First Excelsia Professional Services Limited - Our client is a 360-degree Marketing Consult, Support, Strategy development and Business solutions company.

They are recruiting to fill the position below:

Job Title: Procurement Lead

Location: Lagos
Employment Type: Full-Time
Industry: Marketing

Job Summary

• As the Procurement Lead, you will be responsible for supporting the procurement process by sourcing goods and services, negotiating contracts, and managing supplier relationships to ensure cost efficiency and quality standards.
• The role holder will also monitor budgets, track expenditures, and ensure timely procurement to support business operations and must be detail-oriented, proactive, skilled in negotiation and supplier management.

Job Responsibilities

• Identifying cost-saving opportunities and implementing procurement strategies to maximise efficiency and minimise expenses.
• Assisting in reviewing project budgets to ensure a minimum margin of 40% is maintained.
• Sourcing and procuring goods and services required for company operations in a timely and cost-effective manner.
• Identifying and evaluating potential suppliers, ensuring the best possible prices, terms, and quality standards.
• Negotiating contracts with suppliers to secure favourable pricing and terms.
• Monitoring supplier performance, ensuring adherence to contractual agreements and delivery schedules.
• Developing and maintaining strong relationships with suppliers to ensure a smooth supply chain.
• Tracking procurement expenditures and ensure cost control measures align with financial goals.
• Conducting supplier evaluations and audits to assess performance and compliance with quality standards.
• Monitoring market trends, pricing fluctuations, and economic factors that may impact procurement decisions.
• Assisting in developing contingency plans to mitigate risks related to supplier performance and availability.

Person Specification

• Bachelor's degree / HND in Sciences, Social Sciences, or any related field with at least a second-class upper division (2.1) from a reputable institution.
• 3-5 years of experience in Procurement, Strategic Sourcing, or Supply Chain Management.
• Knowledge of procurement best practices, supplier management, and cost-saving strategies.
• Proficiency in procurement software, ERP systems, and Microsoft Office (Excel, Word, PowerPoint).
• Good analytical and financial skills to assess pricing and budget impact.
• Excellent communication and interpersonal skills for supplier and stakeholder management.
• Strong negotiation and contract management skills.

Salary
3,600,000 Annually (Gross).

Application Closing Date
Not Specified.