Category Manager (Services) at First Bank Nigeria – Apply Now

JOB OBJECTIVE(S)

• To develop and implement a category management approach and strategy in line with the Bank’s Procurement Strategy.
• To drive strategic category sourcing, procurement and internal stakeholder management activities in a bid to deliver total cost of ownership savings for procurement categories.
• To ensure efficient implementation of the Bank’s expenditure budget (CAPEX and OPEX) for category related procurement.

DUTIES & RESPONSIBILITIES

• Develop and implement category management strategies utilizing an end-to-end value chain approach to increase market competitiveness and sustain ongoing category improvements
• Maintain deep category expertise through understanding and application of industry developments, marketplace trends, emerging technology, new techniques, leading practices, and shared experiences
• Plan category related procurement activities for the financial year and periodically review category spend to identify and pursue strategic sourcing and demand management opportunities
• Ensure compliance to the Bank’s Procurement Policy for procurement categories and activities  
• Develop and maintain a Category Sourcing Plan to coordinate sourcing and contract management activities
• Collaborate with internal stakeholders to implement and monitor category sourcing and supply plan for the various categories to ensure appropriate alignment and customer satisfaction
• Lead cross-functional sourcing teams during sourcing events and negotiations for applicable categories to ensure best value with regard to pricing and quality
• Oversee execution of procurement purchases utilizing an end-to-end value chain approach
• Drive development of sustainable partnerships with strategic suppliers for procurement related categories
• Active involvement in the contractor/vendor pre-qualification process for approved category related projects
• Manage influence-able spend via demand management and flagging of maverick spend to ensure costs are managed properly under procurement related categories
• Ensure adherence to defined parameters for quality assurance of goods/services received as well as the escalation route for complaints/rejection
• Prepare and review periodic reports of trend analysis for category spend
• Identify and drive implementation of procurement process improvements related to the category
• Develop impact assessments and analyses based on internal market forecasts and internal requirements, external benchmarking studies and/or market trends including, but not limited to, future spend opportunities, category risks, and supplier sustainability
• Conduct periodic appraisal of supplier performance to validate ability of suppliers to meet defined standards and rate suppliers accordingly
• Develop and implement appropriate reporting and monitoring mechanisms that clearly highlight cost savings achieved by category/supplier
• Support achievement of procurement performance objectives
• Support in analysis and preparation of Executive Management reports and Board papers on procurement spend, cost savings and ongoing projects as required
• Supervise and provide leadership direction for Category Specialists and Procurement Analysts
• Undertake any other responsibilities as requested by the Head of Department, in accordance with the scope and responsibilities of the role
• Comply with the principles and policies in the Information Security Hand book of the Bank

JOB REQUIREMENTS

Education

• Minimum Education:  A good first degree in any discipline from a reputable institution. 
• Higher Degrees/Professional Certifications (an added advantage).

Experience

• Minimum experience:  8 years’ relevant experience.