Procurement Specialist
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Key skills for this role
About the Role
Dicetek LLC seeks a Procurement Specialist to manage sourcing activities across multiple categories for the Group. The role involves end-to-end procurement, contract negotiations, supplier management, and delivering measurable savings.
Key Skills for This Role
Responsibilities
- Support Procurement Manager and Category Managers with sourcing activities and independently manage own procurement projects
- Manage procurement process end to end from requisition to delivery, including payment processing support
- Carry out procurement activities across multiple spend categories applying category management principles
- Lead contract and vendor negotiations, negotiating commercial terms and costs
- Identify and deliver procurement savings through strategic sourcing, optimization, and negotiation
- Manage supplier relationships and performance including evaluation and risk management
- Manage supplier due diligence and vendor on boarding process
- Drive improvement in procurement processes through standardization and automation
- Ensure governance and compliance with Group policies
- Input into Procurement Reporting including tracker and monthly reporting
Requirements
- Bachelor's degree in a relevant discipline
- 5+ years' experience in a sourcing / procurement role
- Proven experience in contract negotiations and vendor negotiations
- Knowledge of end to end procurement and sourcing process
- Experience in category management
- Experience in operational procurement and strategic sourcing
- Experience in spend analysis and optimization initiatives
- Excellent working knowledge of Oracle Fusion ERP is an advantage
Full Job Posting
Role Overview
- The role carries out procurement activities across multiple categories for the Group, supporting the Procurement Manager and Category Managers on sourcing initiatives while independently owning and delivering their own projects from initiation through to completion.
- The successful candidate will bring proven experience across the full sourcing lifecycle, category management capability, and a demonstrable track record of delivering measurable savings.
Key Responsibilities
- Support the Procurement Manager and Category Managers with sourcing activities, while independently managing and delivering own procurement projects from initiation to completion.
- Manage the procurement process end to end, from requisition through to delivery, including supporting payment processing through the Accounts Payable team.
- Carry out procurement activities for the Group across multiple spend categories, applying category management principles (technology category experience is an advantage).
- Lead some contract and vendor negotiations — negotiating commercial terms and cost with suppliers, and reviewing and agreeing contract terms and conditions in coordination with Legal and relevant stakeholders.
- Identify and deliver procurement savings — both cost avoidance and run rate reductions — through strategic sourcing, optimisation, negotiation and the identification of alternative suppliers, and clearly evidence and report savings achieved.
- Generate cost savings and value add through the management of procurement activities, working closely with stakeholders and suppliers.
- Support the cost take out and optimisation strategy across the Group to achieve the target reduction in cost base, working closely with the functional teams.
- Manage supplier relationships and performance — including performance evaluation, supplier risk management, and supporting continuous improvement.
- Manage supplier due diligence, including financial due diligence and the vendor on boarding process.
- Drive improvement in procurement processes across the Group through standardisation, supplier catalogues, preferred suppliers and automation, with the objective of reducing processing times without compromising internal controls.
- Support standardisation and the sharing of best practices across the Group entities.
- Ensure governance and compliance with Group policies and the Delegation of Authority.
Experience & Qualifications
- Education: Bachelor's degree in a relevant discipline.
- Experience: 5+ years' experience in a sourcing / procurement role. Experience within a bank or financial services company is preferred but not essential.
- Track record: Demonstrated track record of delivering sourcing projects and savings, evidenced across both cost avoidance and run rate reductions.
Job specific Skills & Knowledge
- Knowledge of, and hands on experience in, the end to end procurement and sourcing process.
- Proven experience in contract negotiations, with a sound working knowledge of contract terms and conditions.
- Proven experience in vendor negotiations, including cost and commercial negotiation.
- Knowledge and experience of category management is required, with the ability to manage procurement across multiple categories.
- Technology / IT category knowledge is a plus.
- Experience in operational procurement and strategic sourcing.
- Experience in spend analysis and in identifying, highlighting and driving optimisation initiatives.
- Supplier Relationship Management experience is a plus.
- Excellent working knowledge of Oracle Fusion ERP, especially across the procure to pay process, is an advantage.
- Strong negotiation and relationship management skills.
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