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Job Description
To develop and implement a category management approach and strategy in line with the Bank’s Procurement Strategy.
Responsibilities
- Develop and implement category management strategies utilizing an end-to-end value chain approach to increase market competitiveness and sustain ongoing category improvements
- Maintain deep category expertise through understanding and application of industry developments, marketplace trends, emerging technology, new techniques, leading practices, and shared experiences
- Plan category related procurement activities for the financial year and periodically review category spend to identify and pursue strategic sourcing and demand management opportunities
- Ensure compliance to the Bank’s Procurement Policy for procurement categories and activities
- Develop and maintain a Category Sourcing Plan to coordinate sourcing and contract management activities
- Collaborate with internal stakeholders to implement and monitor category sourcing and supply plan for the various categories to ensure appropriate alignment and customer satisfaction
- Lead cross-functional sourcing teams during sourcing events and negotiations for applicable categories to ensure best value with regard to pricing and quality
- Oversee execution of procurement purchases utilizing an end-to-end value chain approach
- Drive development of sustainable partnerships with strategic suppliers for procurement related categories
- Active involvement in the contractor/vendor pre-qualification process for approved category related projects
- Manage influence-able spend via demand management and flagging of maverick spend to ensure costs are managed properly under procurement related categories
- Ensure adherence to defined parameters for quality assurance of goods/services received as well as the escalation route for complaints/rejection
- Prepare and review periodic reports of trend analysis for category spend
- Identify and drive implementation of procurement process improvements related to the category
- Develop impact assessments and analyses based on internal market forecasts and internal requirements, external benchmarking studies and/or market trends including, but not limited to, future spend opportunities, category risks, and supplier sustainability
- Conduct periodic appraisal of supplier performance to validate ability of suppliers to meet defined standards and rate suppliers accordingly
- Develop and implement appropriate reporting and monitoring mechanisms that clearly highlight cost savings achieved by category/supplier
- Support achievement of procurement performance objectives
- Support in analysis and preparation of Executive Management reports and Board papers on procurement spend, cost savings and ongoing projects as required
- Supervise and provide leadership direction for Category Specialists and Procurement Analysts
- Undertake any other responsibilities as requested by the Head of Department, in accordance with the scope and responsibilities of the role
- Comply with the principles and policies in the Information Security Hand book of the Bank.
Qualification
- Minimum Education: A good First Degree in any discipline from a reputable institution.
- Higher Degrees / Professional Certifications (an added advantage).
Experience:
- Minimum experience: 8 years’ relevant experience.
Location: Lagos, Nigeria.
For More Information: CATEGORY MANAGER
