Role Objectives:
To manage the full cycle of sourcing and procurement for goods and services that meet Talentnet’s operational and strategic needs. This includes identifying reliable suppliers, negotiating competitive terms, and ensuring quality, cost efficiency, and compliance with company policies.
Job Descriptions:
a. Sourcing Plan & Execution
- Identify and develop qualified suppliers for products and services across categories.
- Conduct market research, benchmarking, and supplier mapping to support sourcing decisions.
- Initiate and manage RFQ/RFP processes, ensuring clear specifications and evaluation criteria.
- Assess supplier capabilities, capacity, and financial stability before onboarding.
- Build and maintain a preferred supplier list to optimize quality, pricing, and service levels.
b. Procurement Operations
- Execute purchase requisitions and purchase orders in line with approved budgets and timelines.
- Manage supplier performance, ensuring adherence to contract terms, delivery schedules, and quality standards.
- Coordinate with internal departments to align procurement plans with operational needs.
- Resolve any supply disruptions, quality issues, or contract disputes.
c. Vendor Management & Negotiation
- Negotiate contracts, pricing, payment terms, and service agreements to secure the best value for Talentnet.
- Develop long-term relationships with key vendors to ensure reliability and collaboration.
- Conduct regular vendor performance reviews, including KPIs and improvement plans.
d. Cost Optimization & Compliance
- Drive cost reduction initiatives through strategic sourcing, consolidation, and demand management.
- Monitor market trends to identify savings opportunities and mitigate supply risks.
- Ensure compliance with procurement policies, ethical standards, and legal requirements.
e. Reporting & Documentation
- Maintain accurate procurement and sourcing records for audits and internal reporting.
- Provide management with regular reports on spend analysis, supplier performance, and sourcing pipeline.
- Track and report on key sourcing and procurement KPIs.
