First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier commercial bank and most valuable banking brand. With over 10 million active customer accounts and more than 750 business locations, we provide a comprehensive range of retail and corporate financial services to customers and investors wishing to explore the vast business opportunities available in Nigeria and our business locations across Africa, Europe, Middle East and Asia
Founded in 1894 as The Bank for British West Africa, FBN Group’s FirstBank was the very first banking institution to be established on the African continent.
With over 124 years of shared history, we have more memories than we could possibly share.
We have sought to showcase some of the key milestones in our history and to demonstrate our enduring commitment to value creation for all of our stakeholders
CATEGORY MANAGER – (1800002L)
Description
• 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
Qualifications
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
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