Procurement Manager at Ultimum Limited

Ultimum Limited is recruiting a Procurement Manager for its operations in Lagos, Nigeria. The successful candidate will manage end to end procurement activities, oversee indirect procurement processes, supervise direct procurement materials, and ensure effective supplier and inventory management.

The role is suitable for experienced procurement professionals with at least five to six years of relevant experience, particularly within the Fast Moving Consumer Goods (FMCG) sector.

Job Overview

Job Detail	Description
Job Title	Procurement Manager
Company	Ultimum Limited
Location	Lagos, Nigeria
Employment Type	Full Time
Experience	5 to 6 years
Industry	FMCG and Beverage Manufacturing
Minimum Qualification	First Degree in Social Sciences, Management Sciences, or Physical Sciences
Professional Certification	Membership of a relevant professional body required
Postgraduate Qualification	Added advantage

About Ultimum Limited

Ultimum Limited is a Nigerian beverage manufacturing company producing alcoholic and non alcoholic beverages.

The company is a Nigerian subsidiary of Union Camerounaise de Brasseries, a beverage manufacturing business with over 50 years of operations in Cameroon.

Ultimum Limited focuses on developing quality beverage products, improving its manufacturing processes, and delivering products that meet customer expectations.

Job Purpose

The Procurement Manager will manage the company’s end to end procurement processes, with primary responsibility for indirect procurement and oversight of direct procurement materials.

The role involves procurement planning, supplier negotiations, cost management, contract administration, SAP procurement activities, inventory monitoring, and the identification of sustainable cost saving opportunities.

Key Responsibilities

1. Procurement and Supplier Management

The successful candidate will:

1. Serve as a key contact for procure to pay activities.
2. Support the deployment of Existing Product Developments (EPDs) and New Product Developments (NPDs).
3. Conduct cost model reviews and price negotiations.
4. Manage procurement contracts, schedules, and Purchasing Information Records (PIRs).
5. Build strategic relationships with key suppliers.
6. Engage suppliers proactively and respond to internal and external procurement requests.
7. Conduct due diligence and benchmarking across commodity subcategories.
8. Support the resolution of supplier complaints and operational issues.
9. Coordinate communication between internal departments and external stakeholders.
10. Organise supplier visits and quarterly supplier engagement sessions.
11. Participate in internal cross functional meetings.

2. SAP Procurement Management

The Procurement Manager will oversee relevant SAP procurement activities by:

1. Ensuring all active materials have valid contracts set up in the system.
2. Maintaining quota arrangements where required.
3. Escalating SAP issues that require specialist intervention.
4. Conducting periodic data health checks.
5. Maintaining the accuracy and integrity of procurement contract information within SAP.

3. Price Monitoring and Market Analysis

Responsibilities include:

1. Monitoring raw material market prices and price trends.
2. Tracking internal and external factors affecting procurement costs.
3. Assessing foreign exchange movements and relevant government policies.
4. Monitoring changes in the external business environment that could affect procurement activities.
5. Conducting commodity price benchmarking to support procurement decisions.
6. Providing relevant market information to support supplier negotiations and cost management.

4. Budget and Cost Management

The successful candidate will:

1. Identify and implement sustainable long term cost saving opportunities.
2. Work with suppliers and Research and Development (R&D) teams to identify procurement efficiencies.
3. Explore potential value creation opportunities through procurement strategy development.
4. Support the establishment of standard material costs.
5. Ensure annual procurement expenditure remains within approved business budgets.
6. Monitor procurement costs and support effective financial planning.

5. Inventory Management

The role also involves:

1. Monitoring inventory levels and identifying deviations from planned stock levels.
2. Providing corrective action support when inventory levels differ from established plans.
3. Participating in the development of stockholding norms for purchased commodity materials.
4. Supporting effective inventory planning and control.

Academic Qualifications

Interested candidates must possess:

1. A good First Degree in Social Sciences, Management Sciences, or Physical Sciences.
2. Membership of CIPS, CILS, CILCS, CISCOM, Lean Six Sigma, or another relevant professional body.

Additional advantage:

A postgraduate qualification in any of the following fields is an advantage:

• Human Resources Management.
• Business Administration.
• Supply Chain Management.
• A related discipline.

Experience Requirements

Candidates must have a minimum of five to six years of experience in a similar procurement management role, particularly within the FMCG sector.

Relevant experience should demonstrate competence in procurement operations, supplier management, cost control, inventory management, and procurement strategy implementation.

Knowledge and Technical Requirements

Applicants should demonstrate:

1. Knowledge of cost management.
2. Understanding of inventory management principles.
3. Strong procurement management expertise.
4. Knowledge of applicable legislation, policies, and procurement procedures.
5. Understanding of supplier engagement and contract management.
6. Ability to monitor procurement expenditure and identify cost saving opportunities.

How to Apply

Interested and qualified candidates should submit their applications through the recruitment portal below:

Application Portal: https://www.careers-page.com/ultimum-limited/job/QV5YY748

Applicants should review the job requirements and provide the relevant information through the application platform.