Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
We are seeking a detail-oriented and efficient Officer, Buying to join our team in Dar es Salaam, Tanzania. As a key member of our procurement department, you will be responsible for managing the purchasing process, negotiating with vendors, and ensuring the timely acquisition of goods and services for our organization.
- Develop and implement purchasing strategies to optimize cost savings and improve efficiency
- Analyze market trends and conduct research to identify potential suppliers and new products
- Negotiate contracts and pricing agreements with vendors to secure favorable terms
- Manage the procurement process from requisition to delivery, ensuring timely fulfillment of orders
- Collaborate with internal stakeholders to understand their needs and source appropriate products or services
- Maintain accurate records of purchases, pricing, and vendor information
- Monitor inventory levels and coordinate with warehouse staff to optimize stock management
- Prepare and analyze procurement reports to track spending, savings, and supplier performance
- Ensure compliance with company policies, local regulations, and international trade laws
- Build and maintain strong relationships with vendors and suppliers
Qualifications
- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field
- 2-3 years of experience in procurement, buying, or supply chain management
- Proficiency in procurement software and inventory management systems
- Strong analytical skills with the ability to interpret data and generate insightful reports
- Excellent negotiation skills and the ability to secure favorable terms with vendors
- Outstanding written and verbal communication skills
- Detail-oriented with a strong focus on accuracy and efficiency
- Knowledge of market trends, pricing strategies, and supply chain best practices
- Understanding of international trade regulations, particularly those relevant to Tanzania
- Experience in vendor relationship management and contract negotiations
- Ability to work effectively in a fast-paced, deadline-driven environment
- Professional certification in procurement (e.g., CPSP, CIPS) is preferred.
- The incumbent must be a registered member of the Procurement and Supplies Professional and Technicians Board (PSPTB).
Additional Information
Behavioural Competencies:
- Adopting Practical Approaches
- Checking Details
- Establishing Rapport
- Examining Information
- Following Procedures
- Interpreting Data
- Meeting Timescales
- Producing Output
- Taking Action
- Thinking Positively
- Upholding Standards
- Valuing Individuals
Technical Competencies:
- Business Administration Skills
- Category Management
- Commercial Acumen
- Data Management (Administration)
- Procurement Knowledge
- Procurement Process
- Purchasing
- Records and Archive Management
- Specification Analysis
- Tender Process
- Written Communication
