Position title
Procurement Officer
Description

Tenece Holdings Ltd is the group company of our businesses that cut across (6) distinct
sectors. At the core is our technology vertical, Tenece Professional Services. We are
registered under the laws of the federal government of Nigeria.

Job Overview:
We are looking for an experienced Procurement Officer to join our growing team. The ideal
candidate will have a minimum of 3 years of experience in procurement, purchasing, or
supply chain management. The Procurement Officer will be responsible for sourcing goods
and services, negotiating contracts, managing vendor relationships, and ensuring
compliance with internal and external procurement policies. The role requires strong skills in
negotiation, Microsoft Office, organization, reporting, and a good understanding of supply
chain operations.

Responsibilities

1. Procurement & Sourcing:
o Oversee the procurement of goods and services to meet the organization’s
operational needs.
o Research and identify potential suppliers, assessing their capabilities and
cost-effectiveness.
o Prepare and issue purchase orders, ensuring accuracy and adherence to
company policies.
o Manage relationships with existing suppliers, ensuring high levels of service,
quality, and cost control.

2. Negotiation & Contract Management:
o Negotiate prices, terms, and conditions with suppliers to secure the best
possible deals.
o Draft and manage contracts with vendors, ensuring compliance with all legal
and regulatory requirements.
o Monitor contract performance and ensure that suppliers meet agreed-upon
timelines, quality standards, and costs.

3. Supply Chain Coordination:
o Work closely with supply chain teams to ensure the timely and efficient
delivery of goods and services.
o Monitor and track orders, identifying potential issues with delivery or quality.
o Collaborate with inventory management to ensure stock levels are maintained
and optimized.

4. Reporting & Documentation:
o Prepare regular reports on procurement activities, including supplier
performance, cost savings, and purchasing trends.
o Maintain accurate records of all procurement transactions and contracts for
future reference and auditing purposes.
o Analyze purchasing data and provide recommendations for cost reduction
and process improvement.

5. Vendor Management & Relationship Building:
o Build and maintain strong relationships with key suppliers to ensure a
consistent supply of quality products and services.
o Resolve any supplier-related issues promptly, minimizing any impact on
operations.
o Develop a supplier evaluation process to assess vendor performance and
ensure continuous improvement.

6. Compliance & Policy Adherence:
o Ensure compliance with internal procurement policies, corporate governance,
and industry standards.
o Stay up-to-date with procurement laws and regulations to ensure the
company remains compliant at all times.
o Coordinate with the legal team to ensure contracts and agreements are
legally sound.

7. Collaboration with Cross-functional Teams:
o Work closely with various departments (e.g., Finance, Operations, and
Logistics) to align procurement strategies with company goals.
o Assist with budgeting and cost planning for procurement activities.
o Contribute to operational improvements through collaboration with other
teams and departments.

Qualifications

 Minimum of 3 years of experience in procurement, purchasing, or supply chain
management.
 A Bachelor’s degree in Business Administration, Supply Chain Management,
Logistics, or a related field.
 Strong negotiation skills and experience in contract management.
 Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook), and
experience with procurement software.
 Excellent organizational and time management skills, with the ability to manage
multiple priorities and meet deadlines.
 Solid understanding of supply chain management and procurement processes.
 Strong communication skills, both written and verbal, with the ability to interact
effectively with suppliers, vendors, and internal teams.
 Ability to work independently and as part of a team in a fast-paced environment.

Employment Type
Full-time
Job Location
Lagos, Nigeria
Date posted
August 23, 2024
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Thank you for submitting your application. Please note that only shortlisted candidates will be contacted.