Procurement Manager at Bocop Energy Limited

Responsibilities

• Develop and execute procurement strategies to meet the needs of the organization, including sourcing of materials, equipment, and services required for oil and gas operations and projects.
• Identify, evaluate, and select suppliers / vendors based on criteria such as quality, price, reliability, and compliance with regulatory requirements and industry standards.
• Negotiate contracts, terms, and pricing agreements with suppliers to secure favorable terms, minimize costs, and mitigate risks while ensuring alignment with organizational objectives.
• Collaborate with internal stakeholders, including project managers, engineers, and finance teams, to understand procurement requirements and develop procurement plans that support project timelines and budgets.
• Manage the procurement process from requisition to receipt of goods/services, including issuing purchase orders, tracking deliveries, and resolving discrepancies or issues with suppliers.
• Monitor market trends, industry developments, and supplier performance to identify opportunities for cost savings, process improvements, and strategic partnerships.
• Ensure compliance with procurement policies, procedures, and regulations, including adherence to ethical standards, anti-corruption laws, and supplier diversity initiatives.
• Develop and maintain relationships with key suppliers, fostering open communication, resolving conflicts, and addressing performance issues to enhance collaboration and achieve mutual goals.
• Implement inventory management strategies to optimize inventory levels, minimize carrying costs, and reduce the risk of stockouts or excess inventory.
• Provide regular reports and updates to senior management on procurement activities, including spending trends, supplier performance metrics, and cost-saving initiatives.

Requirements

• B.Sc Degree
• 5 - 8 years experience.