Jobsinghana.com

Report to: Procurement Manager

Key Responsibilities:

1. Market Research and Analysis:
   • Conduct in-depth market research to assess market dynamics, trends, and competitive landscape in relevant product and service categories, including hospitality supplies, food and beverage products, and operational services.
   • Collect and analyze data from various sources, such as industry reports, supplier catalogs, market surveys, and trade publications, to identify key market players, pricing benchmarks, and emerging trends.
   • Monitor market supply and demand dynamics, geopolitical factors, and regulatory developments that may impact procurement decisions and supplier relationships.
2. Supplier Evaluation and Selection:
   • Evaluate potential suppliers and vendors based on criteria such as product quality, pricing, reliability, financial stability, and sustainability practices.
   • Conduct supplier assessments, including performance evaluations, risk assessments, and capability analyses, to ensure alignment with organizational goals and procurement requirements.
   • Analyze supplier contracts, terms, and conditions to identify opportunities for negotiation, cost reduction, and value enhancement.
3. Pricing Analysis and Cost Optimization:
   • Analyze pricing trends, cost structures, and market benchmarks to assess the competitiveness of supplier pricing and identify opportunities for cost optimization and savings.
   • Monitor commodity price fluctuations, currency exchange rates, and market volatility to anticipate pricing risks and opportunities in procurement decisions.
   • Conduct price comparisons, bid analyses, and total cost of ownership (TCO) assessments to support sourcing decisions and contract negotiations.
4. Forecasting and Demand Planning:
   • Forecast demand for goods and services based on historical data, market trends, and business requirements to support procurement planning and inventory management.
   • Collaborate with internal stakeholders, including operations, finance, and sales, to develop accurate demand forecasts and procurement plans that align with business objectives and operational needs.
   • Identify and address demand variability, seasonality, and supply chain risks through scenario analysis and contingency planning.
5. Reporting and Communication:
   • Prepare and present market analysis reports, supplier performance dashboards, and procurement insights to the Procurement Manager and senior management, highlighting key findings, trends, and recommendations.
   • Communicate market intelligence, supplier evaluations, and procurement strategies effectively to cross-functional teams and stakeholders to facilitate informed decision-making and alignment.
   • Collaborate with the Procurement Manager and procurement team to develop sourcing strategies, negotiate contracts, and implement procurement initiatives that drive value and achieve organizational goals.

Qualifications/Skills:

• Bachelor's degree in Business Administration, Supply Chain Management, Economics, or a related field. A Master's degree or certification in procurement or market research is preferred.
• Minimum of 3 years of experience in market analysis, procurement, or supply chain management, with a focus on strategic sourcing and vendor management.
• Strong analytical skills, with proficiency in data analysis, financial modeling, and market research methodologies.
• Experience with procurement software and tools, such as e-sourcing platforms, spend analytics, and supplier management systems.
• Excellent communication, presentation, and interpersonal skills, with the ability to convey complex information clearly and persuasively.
• Strong organizational skills and attention to detail, with the ability to manage multiple projects and priorities in a fast-paced environment.
• Ability to work independently and collaboratively, demonstrating initiative, problem-solving skills, and a results-oriented mindset.

How to Apply

• Interested candidates are invited to submit their CV and a cover letter detailing their relevant experience and qualifications to hr@rockcityhotelgh.com
• Application deadline: 21^st May, 2024