Procurement Manager at Wemy Industries

Wemy Industries is one of the foremost indigenous and oldest established manufacturers in Lagos, Nigeria. We specialize in producing baby diapers, feminine sanitary napkins/pads, panty liners, adult diapers, maternity pads, under pads and baby wipes under the umbrella brand names of ‘Dr. Browns’ and ‘Nightingale’

We are recruiting to fill the position below:

Job Title: Procurement Manager

Location: Lagos

Responsibilities

• The Procurement Manager will be involved in overseeing and managing the organization's procurement processes.
• This role involves sourcing and purchasing products, materials, and services from local and international vendors, negotiating contracts, and ensuring that procurement operations align with company goals, budgets, and regulations.
• The Procurement Manager works closely with vendors and internal departments to ensure timely and cost-effective procurement of quality goods and services.

Key Responsibilities

• Identify, evaluate, and establish relationships with reliable suppliers.
• Negotiate contracts, terms, and pricing to secure the best deals.
• Monitor supplier performance and manage vendor relationships to ensure service quality and delivery.
• Develop and maintain strategic sourcing strategies to meet organizational objectives.
• Oversee the procurement of goods and services necessary for the business.
• Ensure accurate and timely purchase orders, requisitions, and contract documentation.
• Manage inventory levels, optimize stock levels, and minimize excess or obsolete inventory.
• Coordinate with logistics and warehouse teams to ensure the timely delivery of materials.
• Negotiate and finalize contracts with suppliers to secure advantageous terms.
• Ensure compliance with company policies, legal standards, and ethical guidelines in all procurement activities.
• Manage contract renewals and amendments.
• Develop and manage the procurement budget in line with company's financial objectives.
• Analyze procurement costs and identify opportunities for cost savings.
• Monitor and report on procurement spending to ensure alignment with budgets.
• Identify risks related to supply chain management and develop risk mitigation strategies.
• Ensure that all procurement activities are compliant with regulatory requirements.
• Stay up-to-date on market trends and conditions that may affect procurement activities.
• Collaborate with cross-functional teams, including finance, operations, and engineering, to align procurement activities with overall business goals.
• Foster strong internal relationships to understand business needs and ensure seamless procurement processes.
• Analyze procurement data to inform decision-making.
• Prepare reports on procurement metrics, supplier performance, and cost savings.
• Utilize data-driven insights to improve procurement efficiency and effectiveness.

Key Skills and Qualifications

• Bachelor's Degree in Supply Chain Management, Business Administration, or a related field
• Proven experience as a Procurement Manager or in a similar role.
• Strong negotiation and contract management skills.
• Excellent understanding of supply chain management and procurement best practices.
• Proficiency in procurement software and enterprise resource planning (ERP) systems.
• Strong analytical skills and the ability to interpret data to make informed decisions.
• Excellent communication, leadership, and team management skills.
• Knowledge of relevant legal regulations, contract law, and compliance requirements.
• Attention to detail and the ability to manage multiple priorities.

Application Closing Date
Not Specified.