The Procurement Manager will oversee the purchasing activities, ensure high-quality products are sourced at competitive prices, and maintain optimal inventory levels. This role is crucial for achieving cost savings, enhancing supplier performance, and supporting the expansion of our hypermarket chain.

Key Responsibilities:

Budget Management and Achievement:

• Ensure procurement activities align with the budget and achieve the targeted completion rates.
• Monitor actual achievements against the budget and implement strategies to address any deviations.

Cost Savings:

• Achieve a minimum of 10% cost savings through effective negotiations with suppliers.
• Develop and implement cost-saving initiatives to optimize the procurement budget.

Quality Assurance:

• Source high-quality products that meet or exceed company standards.
• Establish and maintain quality control processes to ensure the reliability and safety of purchased goods.

Inventory Management:

• Improve the inventory turnover ratio.
• Implement inventory management best practices to reduce excess stock and stockouts.

Supplier Performance:

• Maintain a supplier performance.
• Develop and manage supplier relationships to ensure timely delivery, quality, and cost-effectiveness.

Purchase Cycle Time:

• Reduce the average time taken from requisition to delivery.
• Streamline the procurement process to enhance efficiency and responsiveness.

Supplier Development:

• Identify and onboard new suppliers to diversify the supply base.
• Evaluate potential suppliers and negotiate favorable terms and conditions.