3,913 Procurement Manager jobs in Kenya

Job Summary

The Procurement Manager will be responsible for planning, sourcing, and managing the purchase of goods and services that support the NFC company's savings and loans operations. This includes vendor management, contract negotiation, ensuring compliance with procurement policies, and optimizing costs while maintaining quality standards. The role requires strong analytical skills, financial prudence, and a deep understanding of the cooperative's operational and regulatory environment.

Key Responsibilities
Procurement Planning & Strategy

• Develop and implement the company's procurement strategy in alignment with overall business objectives.
• Prepare annual procurement plans and ensure timely execution to support operational efficiency.
• Forecast procurement needs based on business projections and budgetary allocations.

Vendor & Supplier Management

• Identify, evaluate, and onboard reliable suppliers and service providers.
• Negotiate contracts and service level agreements (SLAs) to achieve best value for money.
• Maintain strong relationships with vendors to ensure timely delivery and quality of goods/services.

Purchasing & Cost Control

• Oversee end-to-end procurement activities including sourcing, bidding, evaluation, and selection.
• Monitor market trends, pricing, and supply risks to optimize costs.
• Implement cost-saving initiatives without compromising quality.

Compliance & Risk Management

• Ensure all procurement activities adhere to regulatory requirements, internal policies, and industry standards.
• Maintain accurate documentation of procurement transactions for audits and reporting.
• Mitigate procurement-related risks through robust contract terms and supplier performance monitoring.

Reporting & Analysis

• Prepare regular procurement reports for management, including spend analysis and vendor performance reviews.
• Recommend improvements to enhance efficiency, transparency, and accountability in procurement processes.

Qualifications & Skills

Education:

• Bachelor's degree in Procurement, Supply Chain Management, Business Administration, Finance, or related field.
• Professional certifications (e.g., CIPS, CPSM) are an added advantage.

Experience:

• Minimum of 5 years of experience in procurement, preferably within financial services, cooperatives, or savings and loans institutions.
• Proven track record in vendor negotiation and cost management.

Skills:

• Strong analytical and negotiation skills.
• Knowledge of financial regulations relevant to cooperative institutions.
• Excellent communication and interpersonal skills.
• Proficiency in procurement software and Microsoft Office Suite.
• High level of integrity and accountability.

Key Competencies

• Strategic thinking and problem-solving.
• Attention to detail and accuracy.
• Ability to work under pressure and meet deadlines.
• Strong ethical standards and confidentiality.

• Develop and execute comprehensive procurement strategies to meet the organization's needs, focusing on cost savings and supplier performance.
• Identify, evaluate, and select suppliers based on established criteria, including quality, price, reliability, and ethical standards.
• Negotiate favorable terms, conditions, and pricing with suppliers for contracts and purchase orders.
• Manage and maintain strong relationships with key suppliers, fostering collaborative partnerships.
• Oversee the end-to-end procurement cycle, from requisition and ordering to delivery and payment.
• Monitor market trends and identify potential risks and opportunities within the supply chain.
• Ensure compliance with all relevant procurement policies, procedures, and regulatory requirements.
• Develop and implement key performance indicators (KPIs) to measure and improve supplier performance and overall procurement efficiency.
• Conduct regular performance reviews with suppliers and implement corrective actions as needed.
• Analyze procurement data to identify cost-saving opportunities and areas for process improvement.
• Collaborate with internal stakeholders to understand their needs and ensure timely fulfillment of procurement requests.
• Maintain accurate and up-to-date procurement records and documentation.
• Lead and mentor procurement team members, fostering professional development and high performance.

• Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field. A Master's degree or professional certification (e.g., CIPS) is a plus.
• Minimum of 7 years of progressive experience in procurement, sourcing, or supply chain management.
• Proven track record in negotiating complex contracts and achieving significant cost savings.
• Strong understanding of procurement best practices, principles, and relevant regulations.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in procurement software and ERP systems (e.g., SAP, Oracle).
• Exceptional communication, negotiation, and interpersonal skills.
• Ability to manage multiple priorities and work effectively in a fast-paced, remote environment.
• Demonstrated leadership and team management experience.
• High ethical standards and a commitment to compliance.

• Develop and implement effective procurement strategies to meet organizational needs and cost objectives.
• Identify potential suppliers, evaluate their capabilities, and negotiate favorable terms and contracts.
• Manage vendor relationships, ensuring performance standards and contract compliance.
• Oversee the tendering process, including RFPs (Request for Proposals) and RFQs (Request for Quotations).
• Analyze market trends and supplier performance to identify cost-saving opportunities.
• Ensure compliance with all procurement policies, procedures, and regulatory requirements.
• Manage inventory levels and optimize stock management processes.
• Collaborate with internal departments to understand their procurement needs and provide expert advice.
• Prepare procurement reports, forecasts, and budget analyses.
• Identify and mitigate supply chain risks.

• Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field.
• Minimum of 5 years of experience in procurement, purchasing, or supply chain management.
• Proven track record in negotiating contracts and managing vendor relationships.
• Strong understanding of procurement best practices, market dynamics, and sourcing strategies.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in procurement software and ERP systems.
• Strong communication, interpersonal, and leadership skills.
• Ability to manage multiple priorities and meet deadlines.
• Experience with hybrid work environments is preferred.