Procurement Specialist at Rand Mutual - RMA

Job description

PURPOSE:

To support the execution of procurement and strategic sourcing and managing relationships.

EDUCATIONAL (Minimum level necessary to perform the job).

• Matric
• Professional / Tertiary B Degree

MINIMUM REQUIREMENTS

• 5 years' supply chain management experience within procurement
• Knowledge of relevant legislative and regulatory requirements
• Knowledge of B-BEE legislation
• CIPS beneficial
• Bachelor’s degree in (Supply Chain / Logistics/Procurement)
• Extensive knowledge of procurement principles, sourcing, best practice and techniques
• Business acumen and financial management experience

OTHER REQUIREMENTS

• Ability to work under pressure
• Attention to detail and accuracy
• Problem analysis and problem solving
• Verbal and written communication skills
• Professional personal presentation
• Customer service orientation
• Excellent reliability and punctuality
• Assertiveness
• Negotiation skills
• Knowledge of contracts and contractual terms
• Database Management
• Business practices
• Sourcing practices

EXPERIENCE (Minimum necessary before being considered for the Job)

• 5 years' supply chain management experience within procurement
• TRAINING (Essential training received in addition to the above experience to perform the job).
• Training of company related applications, e.g. Compcare, Penscare, and Internal Claims Procedures
• RMA Computer systems
• RMA Core Products

PERIOD OF ON-THE-JOB TRAINING

1 Day - 5 Day company in – house induction course

OTHER REQUIREMENTS (Attributes)

• Self-motivated
• Integrity
• Resilient
• Efficient
• Patient
• Team player
• Negotiation skills

KEY OBJECTIVE AND KEY STANDARDS

(Primary purpose, product/service, customer/clients and scope of the position and authority, responsibility and accountability

KEY STANDARDS

• Negotiation skills
• Listening skills
• Communication skills
• Customer centric
• Good typing skills

CRITICAL STANDARDS

Tasks

• Responsible for supporting execution of procurement and strategic sourcing strategies.
• Managing stakeholder relationships.
• Provide strategic thinking and contributions to crafting long term Procurement business plans
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets and
• own cost reduction targets
• Provide input into the formalization for the divisional budget
• Manage allocated budget through monitoring and seeking cost effective ways to achieve departmental goals
• Provide informed input to business on the number of suppliers / contracts, expiry dates as well as market analysis on products
• and suppliers as part of strategic sourcing and procurement function
• Contribute as professional taking responsibility for both operational and strategic initiatives
• Provide specialist knowledge and educate business units regarding standard procurement policies.
• Devise and employ effective sourcing strategies
• Discover and verify Strategic suppliers, initiate and formalize business partnerships
• Manage the tactical and strategic relationships with vendors
• Ensure alignments to business objectives
• Negotiate with vendors and partners to secure the required quality products and services at the most advantageous pricing and terms
• Maintain a thorough knowledge of pricing, products and network capabilities of our current and new vendors as well as pricing
• promotions, changes and trends
• Examine and re-evaluate existing supplier agreements and contracts
• Track and report key functional metrics to reduce expenses and improve margins
• Perform risk management regarding supply contracts and agreements
• Control spend and build a culture of long-term savings on procurement costs
• Maintain pricing and vendor documentation in pricing data folder
• Analyze and source business from appropriate vendors to ensure the best cost effective solution
• Actively engage with vendors in product discussions and pricing negotiations
• Confirm all cost and vendor information on customer orders to ensure correct carrier orders at acceptable costs and margins
• The execution of procurement strategies
• Stakeholder relationship management
• Cost effectiveness
• Input into divisional budgets
• Management of budget
• Supplier management
• Business education
• Negotiate vendor contracts and pricing