Senior Procurement Officer

4 weeks ago

Taguig, Philippines Eastvantage Business Solutions Inc. Full time
About the role:

Procurement Officer

As a Procurement Specialist/Officer, you will play a crucial role in ensuring the efficient sourcing and acquisition of goods and services, contributing to our mission of excellence.

Responsibilities:

  • Collaborate with cross-functional teams to understand and document procurement requirements, ensuring alignment with organizational goals.
  • Conduct thorough market research and supplier evaluations to identify potential vendors, negotiate terms, and establish long-term relationships.
  • Prepare and issue Requests for Proposals (RFPs) and Requests for Quotations (RFQs) to potential suppliers, ensuring accurate and comprehensive bid documentation.
  • Evaluate supplier proposals, bids, and quotations to determine the best value for the organization while maintaining quality standards.
  • Lead contract negotiations, ensuring favorable terms, conditions, and pricing while mitigating risks.
  • Maintain accurate and up-to-date procurement records, including supplier information, contracts, purchase orders, and pricing agreements.
  • Monitor supplier performance, addressing any issues or discrepancies to maintain consistent product/service quality and timely delivery.
  • Collaborate with finance and accounting teams to ensure accurate and timely processing of invoices and payments.
  • Stay informed about industry trends, market conditions, and best practices in procurement to contribute to continuous improvement initiatives.
  • Assist in the development and implementation of procurement policies, procedures, and strategies to optimize procurement processes and enhance cost savings.
  • Provide timely and insightful reports to management on procurement activities, cost analysis, and supplier performance.
Position requirements:

Qualifications:

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field. Master's degree is a plus.
  • 3-4 years of experience in procurement, sourcing, or supply chain management, preferably in BPO industry.
  • Strong understanding of procurement principles, practices, and regulations.
  • Proficient in Microsoft Office (Excel, Word and PowerPoint).
  • Excellent negotiation and communication skills, both written and verbal.
  • Strong analytical and problem-solving abilities, with attention to detail.
  • Ability to manage multiple tasks simultaneously, prioritize effectively, and meet deadlines.
  • Results-oriented mindset with a demonstrated track record of achieving cost savings and process improvements.
  • Proven ability to build and maintain effective relationships with suppliers and internal stakeholders.

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