Procurement Advisor job at Future Options Consulting | Apply Now

Strategic Procurement Planning

• Procurement Strategy: Developing and implementing procurement strategies aligned with the organization’s goals and objectives.

• Market Analysis: Conducting market research and analysis to identify trends, best practices, and potential suppliers.

• Risk Management: Identifying and mitigating risks in the procurement process to ensure the reliability of supply chains.

Policy and Procedure Development

• Policy Formulation: Developing, updating, and enforcing procurement policies and procedures to ensure compliance with legal and regulatory requirements.

• Standardization: Standardizing procurement processes and documentation to streamline operations and enhance transparency.

Supplier Management

• Supplier Selection: Identifying, evaluating, and selecting suppliers based on quality, cost, reliability, and service.

• Supplier Relationships: Building and maintaining strong relationships with key suppliers to ensure effective collaboration and performance.

• Performance Evaluation: Monitoring and evaluating supplier performance to ensure compliance with contractual terms and quality standards.

Procurement Operations

• Bid and Tender Management: Managing the bid and tender process, including preparing bid documents, evaluating proposals, and negotiating contracts.

• Contract Management: Overseeing the drafting, negotiation, and management of contracts to ensure compliance and mitigate risks.

• Purchasing Activities: Supervising purchasing activities, including order placement, tracking, and inventory management.

Cost Control and Budgeting

• Cost Analysis: Conducting cost analysis and benchmarking to ensure competitive pricing and value for money.

• Budget Management: Assisting in the preparation and management of procurement budgets to control expenditures and achieve financial targets.

• Savings Initiatives: Identifying and implementing cost-saving initiatives and process improvements.

Compliance and Ethics

• Regulatory Compliance: Ensuring all procurement activities comply with relevant laws, regulations, and organizational policies.

• Ethical Standards: Promoting ethical procurement practices and maintaining high standards of integrity and transparency.

Training and Capacity Building

• Staff Training: Developing and delivering training programs for procurement staff to enhance their skills and knowledge.

• Capacity Building: Providing guidance and support to procurement teams to build capacity and improve performance.

Technology and Systems

• Procurement Systems: Implementing and optimizing procurement software and systems to enhance efficiency and data management.

• Data Analytics: Utilizing data analytics to monitor procurement performance, identify trends, and inform decision-making.

Reporting and Documentation

• Reports: Preparing and presenting regular reports on procurement activities, performance metrics, and compliance issues to senior management.

• Documentation: Maintaining accurate and comprehensive records of procurement activities, contracts, and supplier performance.

Stakeholder Engagement

• Internal Collaboration: Collaborating with internal departments to understand their procurement needs and ensure alignment with organizational goals.

• External Communication: Engaging with external stakeholders, including suppliers, regulatory bodies, and industry groups, to represent the organization’s interests.