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Officer, Buying at Standard Bank

--Powermax General Electrical Merchants Ltd--

Job Description

We are seeking a detail-oriented and efficient Officer, Buying to join our team in Dar es Salaam, Tanzania. As a key member of our procurement department, you will be responsible for managing the purchasing process, negotiating with vendors, and ensuring the timely acquisition of goods and services for our organization.

Job Industry

Banking and Investments

Job Salary Currency

TZS

Job Salary Fixed

No

Key Deliverables

  • Develop and implement purchasing strategies to optimize cost savings and improve efficiency
  • Analyze market trends and conduct research to identify potential suppliers and new products
  • Negotiate contracts and pricing agreements with vendors to secure favorable terms
  • Manage the procurement process from requisition to delivery, ensuring timely fulfillment of orders
  • Collaborate with internal stakeholders to understand their needs and source appropriate products or services
  • Maintain accurate records of purchases, pricing, and vendor information
  • Monitor inventory levels and coordinate with warehouse staff to optimize stock management
  • Prepare and analyze procurement reports to track spending, savings, and supplier performance
  • Ensure compliance with company policies, local regulations, and international trade laws
  • Build and maintain strong relationships with vendors and suppliers

Academic Experiences

Qualification Industry
Bachelor'S Degree Business Administration and Social Studies

Essential Qualities

Essential Qualities
  • Bachelor’s degree in Business Administration, Supply Chain Management, or a related field
  • 2-3 years of experience in procurement, buying, or supply chain management
  • Proficiency in procurement software and inventory management systems
  • Strong analytical skills with the ability to interpret data and generate insightful reports
  • Excellent negotiation skills and the ability to secure favorable terms with vendors
  • Outstanding written and verbal communication skills
  • Detail-oriented with a strong focus on accuracy and efficiency
  • Knowledge of market trends, pricing strategies, and supply chain best practices
  • Understanding of international trade regulations, particularly those relevant to Tanzania
  • Experience in vendor relationship management and contract negotiations
  • Ability to work effectively in a fast-paced, deadline-driven environment
  • Professional certification in procurement (e.g., CPSP, CIPS) is preferred.
  • The incumbent must be a registered member of the Procurement and Supplies Professional and Technicians Board (PSPTB).

Behavioural Competencies:

  • Adopting Practical Approaches
  • Checking Details
  • Establishing Rapport
  • Examining Information
  • Following Procedures
  • Interpreting Data
  • Meeting Timescales
  • Producing Output
  • Taking Action
  • Thinking Positively
  • Upholding Standards
  • Valuing Individuals

Technical Competencies:

  • Business Administration Skills
  • Category Management
  • Commercial Acumen
  • Data Management (Administration)
  • Procurement Knowledge
  • Procurement Process
  • Purchasing
  • Records and Archive Management
  • Specification Analysis
  • Tender Process
  • Written Communication

Application Process

Close Date

10/12/2024

Apply Now!