Procurement Lead at Fairmoney Microfinance Bank

Job Title: Procurement Lead

Activities

• Cost Savings Initiatives: Develop and implement strategies to achieve significant cost reductions across all procurement categories.
• Contract Management: Lead the renegotiation of existing contracts to secure more favorable terms, conditions, and pricing structures.
• Supplier Relationship Management: Build and maintain strong relationships with suppliers to foster collaboration and drive performance improvements.
• Global Sourcing Strategy: Identify and evaluate potential suppliers globally, ensuring alignment with company goals and objectives.
• Market Analysis: Conduct thorough market research to stay informed about industry trends, pricing fluctuations, and new sourcing opportunities.
• Cross-Functional Collaboration: Work closely with internal stakeholders, including finance, operations, and product development, to align procurement strategies with business needs.
• Performance Metrics: Establish and monitor key performance indicators (KPIs) for procurement activities, ensuring continuous improvement and accountability.
• Risk Management: Identify and mitigate potential risks within the supply chain, ensuring business continuity.

Candidate Profile

• Bachelor’s degree in Business, Supply Chain Management, or a related field; MBA preferred.
• 7+ years of experience in procurement, with a focus on cost savings and contract negotiation.
• Proven track record of achieving significant cost reductions in a global context.
• Strong analytical skills and experience with procurement software and tools.
• Excellent negotiation and communication skills.
• Ability to work in a fast-paced, cross-cultural environment.
• Proficiency in [relevant languages]

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://fairmoney.io/careers