Procurement Specialist (Corporate Real Estate - CRES) at Absa Group

Role Purpose:

•  In this role you will work with suppliers to develop strategies in order to deliver quantifiable benefits to the business. The role will span from initial deal analysis through to market evaluation and contract implementation, including analyzing current vendor spend and deliveries.  

Accountability:

• Commercial delivery: Deliver the 3rd Party Supply chain, for a defined portfolio of business processes that supports the delivery of the agreed products & services, together with any future strategies or developments as determined by the contracted agreement.
• Assist with the delivery of targeted benefits to cover cost reduction, cost avoidance, quality, service, innovation and revenue generation financial deliverables as agreed – must contribute to growth of absolute profit.
• Review supply market and supplier research and deliver potential cross functional strategies that are innovative to the supplier Drive supplier and product/service rationalization initiatives and ensure that specifications/functionality are fit for purpose Participate in formal supplier performance reviews across all business needs including cost management, development, technology road-mapping, productivity etc.
• Manage supply dependencies and interactions effectively up to senior level throughout the sourcing life cycle, internally with clients, colleagues and external suppliers
• Stakeholder Management: Develop stakeholder relationships using effective communication plans and forums Create supplier/business forums to promote proposals regarding innovation, cost saving ideas, product or service and process improvement opportunities
• Compliance : Ensure compliance scores are maintained at best in class levels (90%) for Supplier and Channel by reviewing MI on a monthly basis per supplier in line with the system requirements .Ensure compliance with internal policies and procedures e.g. ECCG, Sanctions, HR Policies, Gift Registers etc.. by keeping abreast of new developments and developing, implementing and monitoring appropriate control measures .

Education and experience required

• B-degree in a relevant field (min NQF level 6)
• Certificate in Purchasing Management
• 3-5 years in a vendor management/analysis or similar role including experience with contract negotiations in an enterprise technology environment required
• Experience in Corporate Real Estate Sourcing
• Previous experience working with large CRES vendors required
• Effective negotiation skills and knowledge of closing techniques required