Commercial Executive

Role & responsibilities

• Identifying the procurement needs of the entire organization
• Managing direct procurement processes, including the purchasing or obtaining of raw materials, resources, goods, and services for manufactured goods
• Managing indirect procurement, including the purchasing of goods, services, supplies, and materials needed for daily operations
• Creating RFQs and overseeing competitive bidding cycles
• Managing procurement budgets, strategies, and payment processes
• Developing and implementing cost-effective procurement strategies and policies for the purchasing of raw materials, goods, and services
• Managing the procure-to-pay process, including requisitioning, purchasing, receiving, invoicing, and paying for goods and services
• Evaluating and strategic sourcing of potential suppliers
• Devising initiatives to drive procurement performance
• Negotiating contracts with vendors to secure the best deals and terms
• Maintaining advantageous relationships with suppliers and managing disputes
• Monitoring supplier performance for optimal business operations performance
• Ensuring the timeliness and effectiveness of goods and services
• Forecasting to predict future demand for goods, services, and purchase requisitions
• Collaborating with internal departments to ensure procurement needs are met
• Finalizing purchase details and approving purchase requests and purchase orders
• Tracking key metrics and KPIs to reduce costs
• Analyzing procurement data, conducting spend analysis, and preparing reports
• Streamlining the organizations business travel processes, including ensuring the best corporate management rates and maintaining compliance
• Optimizing workflows and automation processes to save time and money
• Compiling reports for the Chief Procurement Officer (CPO)
• Ensuring compliance with relevant regulations, standards, and laws
• Incorporating new procurement software, e-procurement processes, and business processes when necessary
• Leading the procurement department, including a team of procurement officers and other team members
• Developing and implementing risk mitigation strategies
• Monitoring industry trends and developments.
• Mining industry commercial experience and mining billing work.