Buyer

K-Electric


Date: 21 hours ago
City: Karachi
Contract type: Full time
Purpose

Buyer strategic sourcing shall implement and execute category strategies. This position entails, contracting, evaluating and developing new suppliers, supplier site visits and generating corresponding reports, participation in negotiation of assigned contracts, performance review and improvement of the supply base. The concerned person is responsible for achieving the best possible cost savings and most beneficial supply base for a particular category of assigned category for the company. He/she shall conduct analysis of supplier spend reports and category strategy to identify improvement areas.

Education & Relevant Experience

 1~3 years diversified experience in Procurement.

 Individual contributor managing assigned category.

 Relevant degree in SC, Finance and / or related technical fields.

Knowledge

 Strategic Sourcing Software Experience (running & operating ERP & RFx tools)

 Adequate commercial knowledge of end-to end procurement process from demand to delivery

 Adequate commercial knowledge of Taxes & Duties

 Knowledge of material standards, Supply Chain best practices, commodity trends, market intelligence, understanding of local and global factors impacting related supply network

 Project Management

 Supplier Relationship Management tools and tactics

 Supplier Performance Management and performance measurement processes: SLAs and KPIs

 Vendor Development

 Supply Market Analysis

 Cost Modelling, Financial and Data Analysis

 Quality Management Systems and continual improvement processes

 Health & Safety obligations and Legal compliance

 Awareness of international laws that can impact sourcing when dealing with suppliers external to Pakistan

Skills

 Contracting & Procurement Negotiation

 Stakeholder Management

 Ability to operate in complex and high-risk environments

 Supplier Lifecycle Management

 Analytical skills

 Category & Risk Management

 Communication & Interpersonal Skills

 Proactive, autonomous, fast learner, curious, results driven

 Ability to deliver results while working with cross-functional teams

 Expert level MS skills

 User of SAP MM Module/ARIBA preferred

Areas Of Responsibility

1 Execution

 Execute the rationalisation of Supplier Base for assigned categories (locally or globally) based on deductions from market analyses resulting in optimal pricing, mitigating of risk, reduction of lead times and improved supply network.

 Execute sourcing decisions based on business cases developed by team through all Strategic sourcing activities which includes understanding business demand, external environment and supply market analysis, risk assessments and identification of opportunities for driving value.

 Negotiate contracts with suppliers, including costs and terms of supply, service, and quality.

 Marked contribution in driving change through process improvements and changes in status quo for long-term enterprise benefits.

2 Business Continuity/Risk Management and Compliance

 Risk Assessment of assigned Categories/Portfolio and Mitigation Plans

 Execute Contract Management plans to ensure business continuity and drive supplier performance through effective relationship management.

 Accountable for implementation of Procurement Policy and/or other relevant policies that impact own area of work.

 Report out Risks for appropriate action

 Ensure implementation of all law/regulations-enforced clauses in contracts/terms of agreement.

 Ensure delivery of assigned KPIs that impact internal customer requirements and business operations.



3 Stakeholder Management

 Implement Business and related cross-functional team members’ engagement periodically, at different levels for managing expectations, identifying and reporting out risks, presenting innovative supply chain solution/category strategies.

 Identification of Key Suppliers and Strategic Partners for managing relationship and driving value through collaboration and business partnering techniques as part of Supplier Relationship Management Plans.

 Maintain Supply market and external environment network for market intelligence both locally and globally.

 Ensure appropriate stakeholder engagement plans post analyses.

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