Procurement Specialist Employment Opportunity – Stanbic Bank
Job Title: Procurement Specialist
Organisation: Stanbic Bank
Duty Station: Kampala, Uganda
About US:
Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).
Job Summary: The Procurement Specialist will primarily define and formalise the category plan for the commodities managed, execute the sourcing process including supplier identification, negotiation and supplier selection. The incumbent will deliver sourcing results to contribute to saving targets while ensuring that Service Level Agreements (SLA’s) with the business are being met. The jobholder will be accountable for the vendor contracting process, including amendments, service requests, addendums and work orders. The incumbent will also assist in the management and tracking of benefit realisation, value leakage prevention and issue management, relationship and performance management (post-contract).
Key Duties and Responsibilities:
Execute Sourcing Requirements;
- Analyse, identify and recommend go to market strategy for sourcing events (risk and value driven).
- Based on business needs and when new needs arise, search for potential suppliers within preferred supplier lists, and identify additional suppliers if not on preferred supplier lists through market analysis. (to be signed-off by the Procurement Manager. Ensure thorough understanding of the said commodity, suppliers in the market and competitive behaviour.
- Conduct RFx (negotiation, supplier selection) and support the responding suppliers in case of commercial issues.
- Draft and execution of the commodity strategy
- Facilitate clarification of technical questions between internal stakeholders and suppliers where required
- For selected sourcing, follow-up on technical evaluations with internal stakeholders to ensure compliance with timeliness for RFx process
Conduct an efficient and effective analysis, reporting and cost reduction process
- Carry out a cube analysis on all commodities being managed.
- Develop a cost savings model with the relevant sourcing portfolios and ensure that cost reduction and risk management is the key driver in the commodities being managed.
- Ensure that cost reduction targets are exceeded within commodities responsible for.
- Drive local supplier development across all sourcing engagements.
- Ensure that exchange rate fluctuations risks are adequately mitigated.
- Ensure adherence to Stanbic Bank policies and procedures throughout the sourcing process
- Perform trend analysis of buying patterns and analyse sourcing reports produced from spend analytics.
Ensure Efficient and effective stake holder engagement
- Proactively develop relationships with key external stakeholders including key suppliers to ensure Standard Bank receives appropriate co-operation when required.
- Build and develop relationships across the organisation with various internal stakeholders with the intention of breaking down silos to maximise business growth
Ensure an effective and efficient category management process
- Develop a category approach by analysing category data and reviews with stakeholders.
- Manage implementation of the Category Strategy including the coordination of projects and stakeholders.
- Conduct market research monitoring category indices and market changes
- Manage contract changes and negotiations in line with the category strategy
- Develop and manage category demand plans
- Monitor and manage category purchasing compliance
- Provide input into category purchasing process where required.
- Manage category buying through the purchasing area.
Qualifications, Skills and Experience:
- The ideal candidate for the Stanbic Bank Procurement Specialist job placement should preferably hold a Business Degree
- CIPS or equivalent professional Procurement qualification
- A minimum of five years’ experience in procurement processes end to end, sourcing, contract and supply chain management.
- Extensive strategic purchasing and supply knowledge.
- Attention to detail and ability to assimilate, appraise and extract information quickly when faced with numerous ad hoc queries.
- Ability to influence and manage stakeholders
- Good negotiations skills
- Technical sourcing
- Supply chain management
How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity are encouraged to Apply Online by visiting Link below.
Deadline: 28th March 2018
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