Procurement And Contracts Associate

Overview

The role holder is responsible for day-to-day procurement activities, monitoring requirements to procure goods and services in a manner aligned with corporate objectives. The role holder will support the team and lead daily activities, and maintain a consistent approach to sourcing, procurement, and supplier contract management required by AIC and its clients. Core Responsibilities

Support in all procurement activities. Supervise and provide guidance to the procurement team. Communicates and liaises with management to understand requirements and implement requests. Ensure purchasing priorities are aligned with the business by adjusting decision criteria and providing feedback to departments on products / services and pricing in the marketplace. Manage all stakeholder communications related to procurement activities, including internal and external stakeholders. Assist the Procurement and Contracts team in developing the organization’s policies, standards, rules, and procedures for cost-effective procurement operations for materials, goods, and services. Support the Procurement and Contracts team to develop and update standard documentation / contracts. Sourcing : Research and identify potential suppliers and evaluate them. Perform pre-contract activities including drafting / reviewing terms and conditions of contracts and agreements, formulating suitable tendering strategy, to ensure necessary terms and conditions are included in the contract. Prepare and manage tenders to be sent out for bids. Negotiate with and develop relationships with current / potential contractors and vendors to optimize price and quality. Obtain and evaluate quotations / proposals with respect to the tendering process. Follow up with suppliers for materials and services to ensure on-time delivery. Process purchase orders and related documents for completeness, accuracy, and compliance with procurement procedures and requirements. Monitor and control spending with respect to approved purchase orders. Report on activities based on the approved department KPIs. Qualification & Experience

Bachelor of Business Administration or equivalent. From 2 to 6 years of experience in procurement, sourcing, or supply chain management. Professional certifications such as CIPS, CPSM, or other procurement / supply chain management qualifications are a plus. Seniority level

Entry level Employment type

Full-time Job function

Purchasing and Supply Chain Industries

Investment Management Note : This description excludes boilerplate sections and unrelated site notices. It focuses on responsibilities and qualifications relevant to the role.

#J-18808-Ljbffr