Procurement Officer Job

The role holder is responsible for managing IT, General Procurement and contracting related activities for GMG, in a transparent, timely and cost-efficient manner. The role holder is also responsible for managing the Group’s contractors and suppliers through prequalification, tendering, contracting and regular monitoring and for developing guidelines that govern the same.

• Assists in the development of the Departments policies, standards, rules and procedures for cost-effective procurement operations for materials, goods and services
• Supervises the procurement & contract management activities guided by GMG groups policies, procedures and processes and carries-out any improvements required to enhance the workflow
• Oversees physical verification and reconciliation of stock on monthly basis and ensures that these comply with the Group’s cost criteria
• Maintains controls and manages consumption pattern, cost and inventory carrying cost etc. in order to set inventory controls and monitor storage cost
• Manages competitive bidding process including the generation of RFPs/RFQs, as well as the receipt, opening, evaluation and the custody of received bids
• Monitors contracts progress and payment status and ensures that appropriate reporting of project contract status is provided
• Develops supplier sourcing strategies in consultation with the relevant stakeholders in order to optimize cost and quality
• Manages and monitors negotiations with vendors/suppliers of major services and critical contracts prices, credit terms and other conditions of the agreement with the necessary Departments