RUNNING THE BUSINESS:
Strategic & Operational:
- Execute the overall procurement strategy, aligning it with company objectives
- Assess potential procurement risks on curent process and implementing mitigation action and able to suggess the process development to mitigate the risks
- Monitor and report on procurement risks to management, providing recommendations for timely action
- Execute procurement policies and procedures, ensuring they comply with all relevant regulations and best practices
- Collaborate with cross-functional teams (e.g., Legal, Internal control, Finance) to update and revise the governance framework as needed
- Monitor key performance indicators (KPIs) for procurement, monitoring progress and report to stakeholder
- Analyze procurement data for opportunities to improve the efficiency and effectiveness of the governance framework
Process Improvement:
- Analyze existing procurement processes and identify areas for improvement.
- Implement process improvements to enhance efficiency and effectiveness.
Compliance & Governance:
- Develop, maintain, and improve procurement policies, procedures, and guidelines.
to meet business objectives and compliance requirements
- Conduct investigations into potential compliance issues and recommend appropriate corrective actions
- Ensure policies and procedure align with industry best practices and regulatory requirements.
- Stay informed about changes in relevant regulations and update internal processes accordingly
- Conduct audits and reviews to identify and address any compliance issues
Contract Management:
- Ensuring contracts are aligned with organizational policies, legal requirements, and industry best practices
- Managing contract amendments and modifications.
- Maintaining accurate and complete contract records
- Monitor contract performance and supplier relationships.
Stakeholder Management
- Provide ongoing guidance and support to stakeholders across the organization on procurement governance policies and procedures
- Develop and deliver training programs to educate staff on their roles and responsibilities in upholding ethical and compliant procurement practices
CHANGING THE BUSINESS:
Supply Resilience: Execute procurement governace to support KFVN in ensuring competitive cost, high compiance and project timeline.
