Procurement Non Motor Manager at Nedbank

Job Purpose
To execute the end to end procurement sourcing process for controlled commodities in line with Nedbanks business strategy.

Job Responsibilities

• Execute the sourcing lifecycle in a structured manner by adhering to the internationally recognised strategic sourcing.
• Conduct diagnostic preplanning. Conduct Request for Information (RFI) and perform gap analysis and competitive benchmarking.
• Select sourcing strategy based on conducted risk assessment, financial indicators, contingency plans, with approval from stakeholders and executives.
• Determine which methodology and/or process should be used to execute sourcing strategies. Implement sourcing strategy).
• Go to market through developing and conducting sourcing events. Identify synergies, strategy and innovative yet practical ways to achieve the strategic objectives or economies of scale.
• Generate dashboards, manage content and distribute. Review, analyse, interpret and report supplier spend data.
• Identify opportunities and/or conduct price benchmarking to develop and enhance sourcing strategies and make recommendations for cost optimisation.
• Track and record signed off savings for verification. Share knowledge and industry trends with team. Keep abreast of legislation and other industry changes that impacts on role.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
• Stay abreast of developments in field of expertise, ensuring personal and professional growth. Understand and embrace the Nedbank vision and values, leading by example.
• Be proficient in internal procurement policies and procedures and governance, risk and compliance methodologies.
• Coach and mentor others in procurement related roles and functions. Manage the supplier relationships effectively.
• Facilitate, enable and build trust based relationships with senior management and suppliers.
• Understand business requirements for effective procurement execution.
• Formulate, implement, manage and monitor an action plan with internal stakeholders to optimally enhance supplier relationships.
• Manage and maintain internal and external stakeholder relationships.
• For strategic suppliers, conduct internal and external stakeholder surveys and the score carding thereof to ensure comprehensive supplier performance management.
• Provide internal systems knowledge training and procurement processes training and education and awareness.
• Provide a procurement query resolution service to effectively deal with procurement queries.
• Build cross Cluster relationships to identify, develop and influence joint synergies on procurement strategies.
• Seek opportunities to improve business processes and systems.
• Ensure that preferential procurement EE targets are achieved in line with Financial Sector Charter (FSC) and Nedbank's targets.
• Author, communicate, implement and monitor adherence to procurement related policies across the bank.

People Specification
Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• CIPS/M-CIPS (Certified Institute of Purchasing and Supply)

Type of Exposure

• Conducting root cause analysis
• Analysing situations or data that requires an in depth evaluation of multiple factors
• Developing ways to minimize risks
• Managing conflict situations
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase stakeholders understanding
• Challenging the status quo with a view to improving the environment or peoples understanding
• Working knowledge of contracts
• Managing multiple projects
• Conducting market research to identify trends and formulate strategies or action plans

Minimum Experience Level

• 3 - 5 years procurement experience, preferably within the Insurance Industry.
• Insurance knowledge preferred.

Technical / Professional Knowledge

• Business principles
• Business terms and definitions
• Governance, Risk and Controls
• Industry trends
• Principles of financial management
• Principles of project management
• Relevant software and systems knowledge
• Decision-making process
• Relevant regulatory, compliance and risk legislation

Behavioural Competencies

• Decision Making
• Facilitating Change
• Building Trusting Relationships
• High-Impact Communication
• Sustaining Customer Satisfaction
• Technical/Professional Knowledge and Skills

Closing Date: 19th, April 2022