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To work on a challenging position in an organization that values purchaser’s ability and skills to lower the cost to the bottom line and realizes that purchasing is a profit center and not a cost center. Further, I would like to use my skills to achieve the organizational goals and in turn avail the opportunity of self-development and continuous learning to evolve into a Global Procurement.
- Purchasing and procurement
- Communication skills
- Client Relationship
- Problem solving
- Team player
- Team management
- SLA Management
Procurement & Business Development Officer
Responsible for managing end-to-end procurement process.
Sourced vendors, built relationships and negotiated prices.
Developed productive relationships with key account holders.
Worked with clients to resolve claim issues quickly and efficiently.
Negotiated and finalized contracts.
Assessed areas of service concern and developed improvement plans.
Revenue Generation – Prospecting, Qualifying, Client engagement, Developing RFQ’s & Proposals. Identifying new clients, generating business from new accounts & developing them to achieve consistent profitability.
Process Management – Proficient in end to end mapping of business process and developing standard operating procedures and templates.
Supervising and directing employees in their day-to-day tasks.
International Account Opening Officer
Initiate and conclude the International Account opening process for High Net worth Individuals (HNI) – HSBC Premier, Expat, Advance and Retail accounts from establishing contact to completing the Welcome Call
Liaising between Clients, Relationship Managers and branch staff across APAC region to enable an efficient transition of the customers’ accounts and creating entirely new accounts to multiply business and simplify customer finances
KYC guidelines and procedures strictly adhered to. To deter, detect and protect against money launderers, potential defaulters, affiliates to criminal and terrorist organizations, etc. from conducting business with the organization
Handled customer and branch queries regarding account opening procedures, following up with bank branch managers and regional bank staff to complete the account opening requisites for customers.
OIC for the team. Process specialist and auditor/checker.
Conducting refresher and cross training sessions for my colleagues globally.
Senior Procurement Analyst
Responsible for managing end-to-end Procurement Process covering the following areas: procurement planning, category management, procurement analytics, purchasing & expediting and P2P, Source-to-Pay, Accounts Payable.
Analyzing the marketplace to find the broadest set of capable suppliers globally who provide the best product cost, quality and delivery objectives – insuring maximum bottom-line impact.
Negotiating with suppliers in terms of New contracts and working on the agreements.
Creation of contract (SOW, MSA, Change Order, etc.) as and when required per requirement
Review contracts and update required details (Payment terms, service start & end, effective date) on PO before issuing to suppliers.
Completing Purchase Order forms and issuing Purchase Orders in accordance with applicable Client Purchasing Policies and Procedures.
Assisting in the development of procurement reporting metrics, e.g. open PO reports, PO closures, database clean up, etc.
Coordinating with the Client, On-shore team, and internal teams on process and other issues
Attending Process and Operations calls, both internal and external
Training of new joiners and provide floor support and manage the team
Gave various ideas / suggestions related to Client Value Creation thereby reducing overhead costs.
Master of Business Administration
Career Expert Tips:
Understanding the Role of a Procurement Officer
In the world of business, effective procurement is the backbone of success. A Procurement Officer plays a pivotal role in ensuring that an organization’s supply chain functions seamlessly, costs are optimized, and goods and services are sourced efficiently. This article delves into the multifaceted role of a Procurement Officer, highlighting the responsibilities, qualifications, and skills required to excel in this profession.
Qualifications and Education for Procurement Officers
Stepping into the shoes of a Procurement Officer requires a specific set of qualifications and educational background. Let’s explore the prerequisites that one needs to fulfill to embrace the role of a Procurement Officer:
- A Bachelor’s degree in Business, Supply Chain Management, or a related field. This provides a strong foundation in the field of procurement.
- Profound knowledge of procurement principles and practices, including sourcing, negotiations, and contract management.
- Experience in procurement roles, which can range from junior positions to more senior roles with increasing responsibility.
- Strong analytical and decision-making skills to assess supplier options and make informed choices.
- Excellent communication skills to negotiate contracts, build vendor relationships, and collaborate with internal teams.
- Proficiency in using procurement software and tools for data analysis and management.
- Understanding of procurement regulations and compliance, which can vary by industry and location.
Securing additional certifications in procurement, such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM), can enhance your profile and demonstrate your commitment to the field.
Responsibilities of a Procurement Officer
The role of a Procurement Officer is dynamic and involves a range of responsibilities that contribute to the smooth functioning of an organization’s supply chain. Here are the core duties that define this role:
- Sourcing Suppliers: Identifying potential suppliers, evaluating their capabilities, and negotiating contracts to secure the best deals for the organization.
- Cost Optimization: Continuously seeking ways to reduce procurement costs while maintaining the quality of goods and services.
- Supplier Relationship Management: Building and nurturing strong relationships with suppliers to ensure timely deliveries and resolve any issues that may arise.
- Contract Management: Drafting, reviewing, and managing contracts with suppliers to ensure compliance and mitigate risks.
- Market Analysis: Keeping abreast of market trends and changes in pricing, availability, and supply chain dynamics.
- Inventory Control: Monitoring and managing inventory levels to prevent overstock or shortages.
- Compliance and Risk Management: Ensuring that procurement practices adhere to regulations and minimizing risks associated with suppliers.
Each responsibility comes with its own set of challenges and learning opportunities, making procurement an exciting and ever-evolving field.
Creating a Winning Procurement Officer Resume
Your resume is your ticket to landing that coveted Procurement Officer role. Here are some tips to craft a standout resume:
- Highlight your procurement experience, emphasizing roles where you demonstrated strong negotiation skills and cost-saving initiatives.
- Showcase your accomplishments, using metrics to quantify your achievements, such as the percentage of cost savings or successful supplier negotiations.
- Include your relevant certifications and education to demonstrate your commitment to professional development.
- Customize your resume for each application, aligning your skills and experiences with the specific requirements of the job.
Your resume should paint a clear picture of your expertise and potential contributions as a Procurement Officer.
Procurement Officer Resume Summary Examples
Your resume summary is the first impression you make on potential employers. Make it count with these examples:
- “Experienced Procurement Officer with a track record of achieving 15% cost savings through strategic supplier negotiations. Adept at optimizing supply chain operations for efficiency.”
- “Results-driven Procurement Officer with a strong analytical background and a history of successful contract management. Committed to delivering cost-effective solutions.”
- “Detail-oriented Procurement Officer with expertise in supplier relationship management and a history of maintaining on-time deliveries. Dedicated to ensuring supply chain continuity.”
Your resume summary should grab the reader’s attention and highlight your key strengths.
Experience Section for Your Procurement Officer Resume
Your experience section provides a deeper dive into your career journey. Use it to showcase your impact and contributions:
- “Led cross-functional teams in supplier evaluation, resulting in the selection of key suppliers that reduced procurement costs by 10%.”
- “Successfully renegotiated contracts with major suppliers, achieving annual cost savings of $500,000 while maintaining service quality.”
- “Implemented inventory control measures that reduced excess inventory levels by 20%, improving working capital efficiency.”
Your experience section should tell the story of your career achievements and how you’ve made a difference in previous roles.
Education Section for Your Procurement Officer Resume
Your educational background is an essential part of your resume. Here’s how to present it:
- Bachelor of Business Administration, XYZ University, 2014.
- Master of Supply Chain Management, ABC University, 2016.
- Certified Professional in Supply Management (CPSM), 2017.
Your education showcases your commitment to the field and your academic achievements.
Key Skills for a Procurement Officer Resume
Your skill set is a critical component of your resume. Here are the essential skills for a Procurement Officer:
- Negotiation skills for securing favorable contracts and terms.
- Effective communication to build supplier relationships and collaborate with internal teams.
- Problem-solving abilities to address procurement challenges and find cost-effective solutions.
- Analytical skills for market research and data-driven decision-making.
- Attention to detail to ensure contract accuracy and compliance.
- Proficiency in procurement software and tools for data analysis and management.
- Knowledge of procurement regulations and compliance standards relevant to your industry.
- Inventory management skills to optimize stock levels and prevent overstock or shortages.
- Contract drafting and management expertise to ensure legal and financial protection.
- Supplier evaluation and selection based on quality, cost, and reliability criteria.
Your skills are the tools of your trade, showcasing your ability to excel in the procurement field.
Common Mistakes to Avoid When Writing a Procurement Officer Resume
When crafting your resume, steer clear of these common pitfalls:
- Avoid using a generic resume for all applications. Tailor your resume to match the specific requirements of each job posting.
- Don’t simply list your job duties. Instead, focus on your achievements and how you added value in your previous roles.
- Don’t neglect the importance of a well-written cover letter. It’s an opportunity to connect with potential employers and explain why you’re the right fit for the role.
- Avoid using excessive technical jargon. Ensure your resume is easily understood by a wide audience, including non-experts in procurement.
- Proofread carefully to avoid typos and grammatical errors that can tarnish your professional image.
Avoiding these mistakes will help you create a resume that stands out and presents you in the best light.
Key Takeaways for Your Procurement Officer Resume
As you wrap up your resume-building journey, remember these key takeaways:
- Highlight your procurement expertise and accomplishments.
- Use metrics to quantify your achievements and demonstrate your impact.
- Customize your resume for each job application to align with specific requirements.
- Your resume is your personal marketing tool, so make it shine.
Now that you have the insights and tips to create an outstanding Procurement Officer resume, you’re well-equipped to pursue your dream job in procurement. Best of luck!
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