Stanbic IBTC Bank Current Jobs career For Buying Specialist Nigeria 2013

Full Job Description

Stanbic IBTC Bank Current Jobs For Buying Specialist

Stanbic IBTC Bank is a leading provider of integrated financial services including personal banking, corporate banking, credit cards, business banking, pensions and wealth management products and services. At Stanbic IBTC Bank, they strive for higher standards and they believe in moving you forward towards achieving your personal or business goals.
Stanbic Bank Nigeria is currently recruiting for a Buying Specialist in  Lagos, Nigeria.
Job Title: Buying Specialist
Job ID : 11761
Location: Nigeria
Job Description
Manage the procurement process for buying and conduct proactive expediting of orders to ensure on-time delivery with a focus on “Just in time” principle.
Obtain quotes daily for Goods or Services to be procured.
Identify savings opportunities on day-to-day procurement activities and from RFQ processes and through negotiation tactics.
Establish and maintain sound stakeholder management principles
Assist/create Shopping Carts timeously as and when  required
Assess item/stock purchase frequency. Provide consumption analysis and solutions to optimise purchasing elements in relation to demand planning.
Maintain order tracking system/database inclusive of all relevant correspondence, and quotes.
Continuous research and market analysis on products (catalogue & non-catalogue) to compare pricing & services with an ambition to enable proactive cost reduction and enhanced service quality.
Key responsibilities
Execute day-to-day procurement tasks within agreed Turn around time
Develop and manage catalogues and limit orders. Approval required from Category Specialist to include/exclude products from Catalogue.
Review, update and approve catalogue and non-catalogue shopping carts on EBP.
Expedite shopping cart approval flow to ensure quick purchase order release.
Obtain quotes” RFQ” for Goods or Services to be procured
Resolve queries in a professional manner.
Communicate time frames to resolve queries.
Team Track & Q-Docs to be resolved within SLA.
Demand Planning & Consumption Analysis: Monthly product consumption calculation (Value and Volume).
Expediting of orders: Receive acknowledgment from supplier in relation to Purchase Order delivery. Proactive expediting of orders to ensure goods are delivered on-time.
Demand Management
Actual vs. forecast – benefit forecast and contract volumes
Product usage and potential specification challenges/new product entry
RFQ process Running and or assisting with a full RFQ process
Source quotation and order placement;
Receive specification from the business unit and check with Sourcing to find appropriate suppliers, or execute within approved P2P RFQ process.
Place orders with the most competitive price, product availability and or preferred supplier list.
Quotation requirements: Product/Service code, Product/Service Description, Unit of Measure, Unit Cost, Total Cost, Delivery time Frame or delivery date. 100% adherence to this requirement.
Procurement Spend
Influence the procurement spend derived from free text to go through catalogues.
PO vs Sundry: minimum 80% compliance.
Promote the use of available sourcing processes and channels, e.g, SAP SRM, EBP and Sourcing team
Analyse and challenge shopping carts and procurement requests for validity. Reject requests if deemed to be unsatisfactory.
Investigate exchange rates, amounts and quotation dates to ensure validity.
Savings
Identify saving opportunities through the selection of the best quotes in RFQ process and through supplier negotiation.
Proactive assessments of product and service pricing.
Customer Service
Provide excellent customer service to key business partners (BU).
Maintain excellent relationships with all stakeholders
Provide regular updates relating to deliveries and other relevant changes.
Ownership and accountability for associated purchase orders until delivery is fulfilled.
Educate Business on procurement policy, processes, systems and governance.
Governance
Ensure adherence to policies and procedures of SBSA
Optimisation of Internal Processes, reduction of risk.
Establish and maintain robust seamless process for procure to pay commodities
PO vs Sundry
Ensure compliance with the use of available sourcing processes and channels, e.g P2P (SAP SRM, EBP), Sourcing.
Reports:
Reports on activities relating to:
POs processed (Volume & Value). [weekly]
Goods/Services Deliveries. [Daily/Weekly/Monthly]
Supplier Performance in relation to deliveries & product quality. [weekly/monthly]
Consumption analysis for stock or frequently purchased goods (catalogue and non-catalogue). [monthly]
Research: any new findings and opportunities. [monthly]
Catalogue Maintenance: Obsolete/Redundant products & inclusions [monthly]
Spend Reporting (as per category specific needs)
Closing Date: Jul 24, 2013
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