Strategic Sourcing and Procurement Specialist The ideal candidate will oversee the procurement of goods and services, developing and implementing effective sourcing strategies. - Key Responsibilities: - Identify and evaluate potential suppliers based on quality, price, and reliability. - Negotiate contracts and agreements with suppliers to secure favorable terms. - Analyze market trends and identify opportunities for cost savings. Supplier Relationship Management: - Resolve supplier disputes and negotiate settlements. - Contract Management: - Develop and manage contracts and agreements with suppliers. - Ensuring that contracts accurately reflect the agreements reached between parties. - Working with legal counsel to ensure compliance with applicable laws and regulations. - Ensure compliance with contract terms and conditions. - Monitor contract performance and identify any potential risks. - Manage contract renewals, amendments and terminations. - Compliance and Risk Management: - Ensure compliance with company policies and procedures, as well as relevant laws and regulations. - Identify and mitigate procurement and contract risks. - Maintain accurate records and documentation. - Identifying and assessing potential contract risks. - Ensuring that contracts include appropriate safeguards and protections. Reporting and Analysis: - Prepare and present procurement reports and analysis. - Track and monitor key performance indicators (KPIs). - Provide recommendations for process improvements. - Use ERP or procurement software to track purchases and generate reports. Requirements: - Proven experience in procurement and supply chain management. - Strong negotiation and contract management skills. - Excellent analytical and problem-solving abilities. - Strong communication and interpersonal skills. - Knowledge of procurement best practices and industry standards. - Proficiency in procurement software and ERP systems. Qualifications: - Bachelor's degree in supply chain management, business administration, or a related field. - 5 years' procurement experience including full contract life-cycle management