Procurement Specialist at Castville Solutions (2 Openings)

Job Title: Procurement Specialist

Job Description

• We are hiring a Procurement Specialist to manage the sourcing and purchasing ofmedications and medical equipment.
• This role is crucial in ensuring cost-effective and timely procurement while maintaining high-quality standardof medications.

Key Responsibilities
Develop and Implement Procurement:

• Design and execute short- and long-term procurementplanthat support cost-efficiency, service quality, and timely deliveryof products.
• Monitor market conditions and supply chain trends to adjust procurement strategies accordingly.
• Drive initiatives that support ethical procurement in line with organizational values and compliance needs.
• Contribute to budgeting and cost-containment strategies through effective sourcing and vendor management.

Source Suppliers, Negotiate Contracts, and Manage Vendor Relationships:

• Identify and evaluate potential suppliers based on capacity, reliability, price, lead time, and compliance.
• Conduct vendor prequalification and due diligence checks.
• Lead contract negotiations to ensure favorable pricing, payment terms, service-level agreements (SLAs), and risk mitigation clauses.
• Foster strong relationships with key suppliers through regular engagement, performance discussions, and issue resolution.

Evaluate Supplier Performance and Ensure Compliance with Terms and Quality Standards:

• Establish and monitor vendor KPIs such as on-time delivery, order accuracy, defect rates, and responsiveness.
• Conduct periodic supplier audits and reviews to ensure continued compliance with regulatory, quality, and ethical standards.
• Address supplier non-conformance or performance issues.
• Maintain a preferred supplier list based on consistent performance and value contribution.

Maintain Accurate Records of Purchases and Pricing:

• Track and document all procurement transactions using digital procurement tools, ERP systems, or spreadsheets.
• Maintain up-to-date price lists, purchase orders, contracts, supplier agreements, and invoices for audit and reporting purposes.
• Analyze historical purchasing data to support forecasting, budgeting, and decision-making.
• Ensure accurate coding and classification of all procurement activities for internal and financial reporting.

Collaborate with Internal Departments to Forecast Demand and Manage Procurement Plans:

• Work closely with departments such as Inventory, Supply Chain, Production, and Finance to understand material requirements and consumption patterns.
• Translate demand forecasts into procurement plans that align with budget constraints and storage capacities.
• Anticipate procurement needs for new projects, seasonal demand shifts, or emergency response.

Monitor Procurement Budgets and Drive Cost Reduction Initiatives:

• Track spending against approved budgets, identify cost-saving opportunities, and implement value-for-money sourcing strategies.
• Benchmark procurement costs against market trends and industry standards to ensure competitiveness.
• Evaluate alternative materials, brands, or logistics methods to reduce total procurement costs.

Ensure Compliance with Legal, Regulatory, and Organizational Policies:

• Ensure all procurement documentation is complete, transparent, and available for audits or regulatory inspections.
• Implement anti-fraud and conflict-of-interest controls across procurement processes.

Crisis Management and Risk Mitigation:

• Develop contingency plans for supply chain disruptions such as vendor failure, price volatility, or geopolitical instability.
• Maintain alternative supplier lists and identify backup sourcing options for critical goods or services.
• Monitor contract risk exposure and renegotiate unfavorable terms when necessary.

Qualifications

• Bachelor’s degree in Procurement, Business Administration, or a related field.
• 5+ years of experience in procurement, preferably in the healthcare industry.
• Strong negotiation, vendorand contract management skills.
• Excellent analytical and communication skills.

Application Instructions:

The application deadline is Not Specified. Therefore, qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION.” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Website:
Official Job Website: https://castvillesolutions.com/

Note: For more information or enquiries, call or send a WhatsApp message to: 09010634633.