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Procurement - Banking

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Winning

4d ago

  • Job
    Full-time
    Mid & Senior Level
  • Logistics
    Banking & Finance
  • Lisbon

AI generated summary

  • You need a Bachelor's in a relevant field, skills in procurement, contract negotiation, and supplier management, plus proficiency in MS Office, analytical abilities, and strong communication skills.
  • You will manage supplier relations, source products, negotiate contracts, oversee purchase orders, conduct market research, control costs, ensure compliance, evaluate supplier performance, and collaborate cross-functionally.

Requirements

  • Bachelor's degree in Business, Supply Chain Management, Procurement, or a related field.
  • Strong knowledge of procurement processes, contract negotiation, and supplier management.
  • Excellent communication and negotiation skills.
  • Proficiency in procurement software and MS Office (Excel, Word, etc.).
  • Strong analytical skills with the ability to assess market trends and supplier data.
  • Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
  • Strong problem-solving skills and attention to detail.

Responsibilities

  • Supplier Management: Identify, evaluate, and maintain strong relationships with suppliers, ensuring they meet the quality, cost, and delivery standards required by the company.
  • Sourcing and Negotiation: Source products and services, conduct negotiations, and secure favorable terms and pricing with vendors.
  • Purchase Orders: Manage the procurement process from purchase order creation to delivery and payment, ensuring timely and cost-effective acquisitions.
  • Market Research: Conduct research on market trends, new products, and potential suppliers to keep the company competitive and cost-efficient.
  • Inventory Management: Collaborate with the inventory and warehouse teams to ensure adequate stock levels, reducing shortages and overstock situations.
  • Cost Control: Monitor spending and analyze procurement data to identify cost-saving opportunities without compromising quality or service.
  • Compliance and Reporting: Ensure procurement activities comply with legal, regulatory, and internal company standards. Provide regular reports on procurement performance and savings to senior management.
  • Supplier Performance Evaluation: Continuously evaluate supplier performance based on quality, delivery, and service to ensure ongoing effectiveness and reliability.
  • Cross-functional Collaboration: Work closely with internal departments (e.g., finance, operations, logistics) to understand procurement needs and align strategies with business objectives.

FAQs

What is the main responsibility of the Procurement Specialist?

The main responsibility of the Procurement Specialist is to manage supplier relationships, source products and services, negotiate terms, and oversee the procurement process to ensure timely and cost-effective acquisitions.

What qualifications are required for the Procurement Specialist position?

The required qualifications include a Bachelor's degree in Business, Supply Chain Management, Procurement, or a related field, along with strong knowledge of procurement processes, excellent communication skills, and proficiency in procurement software and MS Office.

Is experience in the banking sector necessary for this position?

While experience in the banking sector is beneficial, the primary focus is on procurement experience and skills, so candidates from various industries may also apply.

Will the Procurement Specialist work with other departments?

Yes, the Procurement Specialist will collaborate closely with internal departments such as finance, operations, and logistics to align procurement strategies with business objectives.

What tools will the Procurement Specialist need to be proficient in?

The Procurement Specialist should be proficient in procurement software and Microsoft Office, particularly Excel and Word.

How does Winning Consulting support career development for its employees?

Winning Consulting supports career development through consulting services, training, recruitment, and headhunting, aiming to provide innovative and sustainable solutions for our clients and employees.

Where is the Procurement Specialist position based?

The Procurement Specialist position is based in Lisbon.

How often will the Procurement Specialist need to report on procurement performance?

The Procurement Specialist is expected to provide regular reports on procurement performance and savings to senior management, although the specific frequency may vary based on company needs.

What kind of work environment can the Procurement Specialist expect?

The Procurement Specialist can expect a fast-paced work environment that requires managing multiple tasks and meeting deadlines.

Does the position require strong analytical skills?

Yes, the position requires strong analytical skills to assess market trends and supplier data effectively.

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Winning

Become Winners. Together.

Consulting
Industry
201-500
Employees
2011
Founded Year

Mission & Purpose

Winning Consulting is a global management consulting firm that specialises in business transformation, strategy, and operational improvement. They help companies navigate complex challenges by offering expert guidance in areas such as digital transformation, organisational efficiency, and process optimisation. Winning Consulting's ultimate mission is to deliver sustainable growth and performance improvements to its clients through tailored strategies and innovative solutions. Their purpose is to empower organisations to reach their full potential, ensuring long-term success in an increasingly competitive business environment.