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Senior Sourcing Category Manager Job KCB Bank
Procurement Jobs, KCB Bank Jobs.
Key Responsibilities
- Manage self and the assigned team of sourcing managers and specialists.
- Develop and execute the annual category management plan and budget within the approved limits.
- Develop and maintain business continuity plans, risk management, compliance, and regulatory controls for the assigned category.
- Relationship management and engagement with key stakeholders for the assigned category: Heads of Departments, Subsidiaries, Suppliers, Contractors, Consultants, Divisional Directors, Management Tender Committee, and the Executive Committees.
- Implement standards, controls, processes, or regulatory determined procedures for the Category.
- Implement cost management programs/initiatives for the assigned category during the business cycle and strategically negotiate contracts to deliver optimal outcomes for the Bank.
- Manage the supplier contract calendar for the Category, review expiries, inclusions, retirements, and cancellations of contracts.
- Manage suppliers’ performance for the assigned category, monitor and review service level agreements, hold review meetings.
- Review and analyse data on industry trends and devise long term strategy for optimal category decision making.
Responsibilities
- Lead and manage the technology services procurement function, including strategy development and execution.
- Identify and evaluate potential vendors for technology services, ensuring a robust and competitive supplier base.
- Negotiate and finalize contracts with vendors, ensuring favorable terms and conditions for the bank.
- Manage the vendor performance and relationship, ensuring timely delivery, quality, and compliance with contractual obligations.
- Develop and implement category-specific sourcing strategies, considering market trends and best practices.
- Conduct market research and analysis to identify cost-saving opportunities and optimize the bank’s technology services spend.
- Collaborate with internal stakeholders to understand their technology service requirements and provide expert advice.
- Ensure compliance with procurement policies, regulations, and ethical standards throughout the procurement process.
- Monitor and report on the performance of technology service vendors, identifying areas for improvement and taking corrective actions.
- Stay updated with industry trends, emerging technologies, and innovative procurement approaches.
Qualifications
- A minimum of 7 years of work experience in supply chain management, with a focus on procurement and vendor management.
- Experience in a large and busy environment, preferably in the financial services sector, telco, or multinational manufacturing organization.
- Membership with the Kenya Institute of Supplies Management and a valid practicing license.
- Proven track record in managing technology services procurement and vendor relationships.
- Strong negotiation skills and the ability to build and maintain effective relationships with vendors.
- Excellent analytical and problem-solving skills, with a strategic mindset.
- Proficiency in using procurement software and tools for efficient process management.
- Strong communication and presentation skills, with the ability to interact with senior management and internal stakeholders.
- A results-driven and proactive approach to work, with a focus on continuous improvement.
- A relevant degree in Supply Chain Management, Procurement, Business Administration, or a related field.
How to Apply
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