Stanbic IBTC Bank Recruiting! (3)

Stanbic IBTC Bank: Officer, Procurement (Buyer)

Stanbic IBTC Bank is a part of the Standard Bank Group. Stanbic IBTC Bank Nigeria is recruiting for: Officer, Procurement (Buyer)

Officer, Procurement (Buyer)

Position Description

Job Purpose
The buyer role includes coordinating with strategic sourcing to develop a commodity strategy, sourcing, and managing supplier fulfillment by owning the fulfillment activity from purchase order issuance to part receipt into stock. The buyer may also work with new product teams during product development to support development process/timing with cost, sources and parts by supporting customer proposals.
Responsible for contributing to and continually improving an efficient and cost-effective process designed to assist Institution staff in their procurement of goods and services through an on-line integrated procurement process of Accounts Payable, Purchasing and Receiving, in compliance with the bank’s policies and government regulations. As a contributing member of the Procurement team, is committed to the common purpose, performance goals and approach for which team members hold themselves mutually accountable. Performance evaluation is based on a combination of team success and individual accomplishment.

KRAs

Commodity Strategy Sourcing
Fully understand strategic sourcing methodology and customer requirements and effectively flow these to strategic sourcing group for creation and execution including grow, maintain and execute supplier management strategies.
Define and evaluate supplier performance requirements including quality, cost and timing expectations with cross-functional teams.
Support or lead execution of commercial agreement to reach lowest total cost including terms to mitigate economic and currency fluctuations as appropriate for assigned commodities. Example – long-term agreements, make/buy, market tests, etc.
Develop expertise on procurement of commodities
Prepare, analyze, and make sourcing selections using RFQ and documentation to capture requirements (part numbers, drawings/specifications, volumes) and contract terms consistent with commodity strategy.
Issue purchase orders in MRP system to suppliers.

Supplier Performance
Coordinate and co-lead supplier quality, capacity, and development meetings with supplier quality and other internal customers to improve supplier performance.
Analyzes data and planning information to facilitate and recommend actions to ensure optimal delivery of supplier materials.
Update and maintain purchase orders in MRP system for changes in design and delivery requirements.

Cost
Drive the process to eliminate waste in the value chain through the use of Total Cost Management,
Negotiate and mitigate economic increases, production/development piece prices, design changes,
expedite costs, and cancellation costs
Resolve supplier payment issues with suppliers
Identify and execute cost reduction work plans with suppliers and cross-functional teams
Continuous Improvement/Training
Perform all other duties as directed by Procurement Team Leader or Supply Chain Manager
Collaborate with peers and management to determine key goals and objectives, and corresponding metrics, to be completed during a determined period (usually one year). Review and amend these actions as appropriate. Focus on timely achievement of these goals and objectives.
Improve internal customer satisfaction
Create new and revise existing procurement and cross-functional processes to accomplish best-practice

Other
Record Management – Perform clerical duties to maintain Procurement files
Comply with Supply Chain and Procurement procedures
Be prepared to work some extended hours, when necessary, to complete a task
Be able to work in a team environment and demonstrate support to teamwork, cooperation, respect, and integrity.

How to Apply

Visit the Stanbic Careers Portal below and enter the Job ID: 5418. Click search


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