Procurement Specialist

Website JabuLogistics Jabu Technologies Zambia

What’s JABU?

JABU is a B2B e-commerce & distribution marketplace, offering tech-enabled, route-to-market development & merchandising for FMCG brands in undeveloped areas while helping unbanked businesses grow through efficient delivery, an affordable product basket, inventory management and credit facilities.

We are looking for a highly motivated sourcing specialist to assist the company in creating strong relationships with suppliers and maintaining the existing ones. He/ She should be able to maintain and update the supplier database and find alternative suppliers if the existing ones are unable to meet their obligations.

Duties

  • Developing procurement strategies that are inventive and cost-effective.
  • Sourcing suppliers and maintaining long-lasting relationships with them as well as existing suppliers.
  • Track inventory and restock goods when needed.
  • Expanding the portfolio of suppliers and vendors.
  • Negotiating with suppliers, distributors, and vendors to secure advantageous terms.
  • Review existing contracts with suppliers and vendors to ensure ongoing feasibility.
  • Building and maintaining long-term relationships with vendors and suppliers.
  • Submitting purchase orders for approval and organizing and confirming delivery of goods and services that meet the quantity and quality expectations of the organization.
  • Performing risk assessments on potential contracts and agreements.
  • Controlling the procurement budget and promoting a culture of long-term saving on procurement costs.
  • Preparing procurement reports.
  • Stay up to date on industry trends and new products.
  • Compare available goods with industry trends to determine appropriate pricing.
  • Properly documenting and archiving data owing to defined CIP requirements – continuous improvement process within assigned
  • Providing support and information to other departments regarding stock levels and purchases.
  • Various additional tasks are relevant to the position.
  • Implementing inventory optimization strategies within the company.
  • Obtaining quotes from different suppliers.
  • Negotiating price, quantity, and delivery schedules with suppliers.
  • Working with legal counsel to ensure that all contracts relating to product procurement contain all details of the negotiation.
  • Assessing quotes and compiling a detailed assessment of cost breakdowns.
  • Generating quote comparisons and contributing to internal supplier selection based on the quotes.
  • Providing solutions to improve company spending and outsourcing.
  • To identify, deliver, manage and record cost-saving initiatives as per allocated targets for the year.
  • To lead in the implementation of procurement plans and to ensure that the plans are effectively and clearly communicated.
  • To lead on the administration of contracts with suppliers and drive continual quality and cost improvements.
  • To manage and attend to all sourcing and purchasing requests to ensure that service providers efficiently deliver to specifications.
  • Vendor identification, selection, and rationalization.
  • To negotiate with suppliers to ensure that Commercial Terms of all contracts bank-wide have adequately covered the Bank’s interest and are in line with Bank Policy.

Requirements

  • Strong negotiation skills.
  • Sound time-management and organizational skills.
  • 7 Years of Experience
  • Bachelor’s degree in Business Administration, logistics, supply chain, or related field.
  • A Masters degree will be an added advantage
  • Proven experience in sourcing processes.
  • Proficiency in Google Workspace or similar tools.
  • A thorough understanding of sourcing methodologies.

To apply for this job please visit jabu.breezy.hr.


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