Procurement Manager

CapitexAI is seeking a Procurement Manager to join their innovative team, which is dedicated to revolutionising procurement processes and supply chain optimisation through the development of high-fidelity simulated environments. This is a remote position, offering flexibility and the opportunity to contribute to a forward-thinking organisation from anywhere.

About the role

As a Procurement Manager at CapitexAI, you will be instrumental in shaping and executing the company's procurement strategies. This pivotal role involves not only managing day-to-day purchasing activities but also contributing to the strategic vision of how advanced simulation technologies can enhance operational efficiency and cost-effectiveness within supply chains. You will be at the forefront of a company that leverages cutting-edge solutions to address complex procurement challenges, making it an exciting opportunity for professionals looking to make a significant impact.

The core of your responsibilities will revolve around the strategic sourcing and management of goods and services. This includes:

• **Developing and implementing comprehensive procurement strategies:** You will design and put into action plans that align with CapitexAI's business objectives, focusing on efficiency, cost savings, and risk mitigation.
• **Analysing market trends and supplier performance:** A key aspect of the role involves staying abreast of market dynamics, identifying potential opportunities and threats, and rigorously evaluating the performance of existing and potential suppliers to ensure the best outcomes.
• **Negotiating contracts and managing supplier relationships:** You will be responsible for securing favourable terms and conditions through skilled negotiation, and for cultivating strong, collaborative relationships with suppliers to foster long-term partnerships.
• **Coordinating with stakeholders:** Effective collaboration across various internal departments will be essential to ensure that all procurement requirements are accurately understood and met in a timely manner.
• **Monitoring inventory levels and managing purchasing activities:** You will oversee inventory to ensure optimal levels are maintained, balancing the need for sufficient stock with the costs associated with holding it, and managing all purchasing transactions.

What they're looking for

CapitexAI is seeking a candidate with a solid foundation in procurement principles and a proactive approach to problem-solving. The ideal candidate will possess:

• A Bachelor's degree in Business, Supply Chain Management, or a closely related field.
• A minimum of two years of relevant experience in procurement or supply chain management, demonstrating a practical understanding of the field.
• Strong negotiation skills, with a proven ability to achieve favourable outcomes in contract discussions.
• Excellent analytical capabilities, enabling you to interpret data, identify trends, and make informed decisions.
• Proficiency in using procurement software and various digital tools relevant to supply chain operations.
• Exceptional communication and interpersonal skills, crucial for effective stakeholder engagement and supplier management.

In South Africa, a Procurement Manager role can vary significantly in remuneration based on the industry, company size, and specific responsibilities. However, for a role with strategic elements and the use of modern tools, you might expect a competitive salary package, often including benefits. Common employers for such roles range from large corporations in manufacturing, retail, and technology sectors to specialised consulting firms. The career path for a Procurement Manager typically involves progression to senior procurement roles, supply chain director positions, or even heading up operations or financial departments, depending on individual career aspirations and demonstrated capabilities.

• Bachelor's degree in Business, Supply Chain Management, or related field.
• 2+ years of experience in procurement or supply chain management.
• Strong negotiation and analytical skills.
• Proficiency in procurement software and tools.
• Excellent communication and interpersonal skills.