Purchasing Officer at Ivee Consulting Limited

Job Title: Purchasing Officer

Job Description

• We are looking for a meticulous and strategic Purchase Officer to join our team.
• The ideal candidate will be responsible for managing the procurement of food, beverages, and supplies, ensuring the highest quality and cost-effectiveness for our restaurant.

Responsibilities

• Develop and implement purchasing strategies to ensure timely procurement of high-quality ingredients, beverages, and supplies.
• Establish and maintain relationships with suppliers and vendors.
• Negotiate prices, contracts, and delivery terms with suppliers.
• Monitor inventory levels and forecast future needs to prevent shortages or overstock.
• Conduct market research to identify new suppliers and products that align with the restaurant’s standards.
• Coordinate with the kitchen and management team to understand and meet their procurement needs.
• Maintain accurate records of purchases, pricing, and other relevant data.
• Ensure compliance with health and safety regulations and quality standards.
• Review and analyze purchasing reports and suggest improvements.
• Handle any issues or discrepancies with deliveries or invoices.

Key Performance Indicators (KPIs)

• Cost Savings: Achieve targeted cost savings through effective negotiation and sourcing strategies.
• Inventory Turnover: Maintain optimal inventory turnover rates to minimize holding costs and avoid stockouts.
• Supplier Performance: Evaluate and ensure timely delivery and quality compliance from suppliers, aiming for a minimum of 95% satisfaction rate.
• Procurement Accuracy: Achieve a procurement accuracy rate of 98% or higher, minimizing discrepancies between ordered and received goods.
• Budget Adherence: Ensure procurement expenditures remain within the allocated budget, with no more than a 5% variance.
• Compliance: Maintain 100% compliance with health and safety regulations and internal quality standards.
• Market Research: Conduct regular market research to identify at least three new potential suppliers or products each quarter.

Requirements

• Bachelor’s Degree in Supply Chain Management, Business Administration, or a related field is preferred.
• Previous experience as a Purchase Officer or in a similar role, preferably in the hospitality or food service industry.
• Strong negotiation and communication skills.
• Excellent organizational and time management abilities.
• Proficiency in procurement software and Microsoft Office Suite.
• Ability to analyze market trends and make informed purchasing decisions.
• Detail-oriented with a focus on quality and cost control.

Application Instructions:

The application deadline is no 10th December, 2024. Qualified and interested candidates should send their updated Resume to: [email protected] using the Job Title as the subject of the email.

Note: Only qualified candidates will be contacted. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Official Job Website: https://find-and-update.company-information.service.gov.uk/company/09140271