To manage the Procurement processes within an allocated business area by identifying go-to-market strategies, identifying commodity-specific Broad Based Black Economic Empowerment complaint suppliers and developing and implementing the Sourcing plans, in partnership with the Procurement stakeholders, to minimise Procurement costs and optimise benefits for the Standard Lesotho Bank while enabling the achievement of Preferential Procurement targets.
Action the Procurement purchase order (PO) changes, within allocated business area, including amendments, cancellations and engagement with both internal and external stakeholder to determine feasibility of required changes to ensure all POs are relevant and in use.
Develop and implement the business area sourcing plan aligned to the Technology and/or Goods and Services sourcing plans, in collaboration with the Procurement stakeholders, applying industry trends and business objectives to ensure an agile, responsive and efficient sourcing practice across all Legal Entities, Business Lines, and Corporate Functions.
Draft allocated contracts in line with the Contract Drafting Framework ensuring the contract terms and conditions are fair and derive benefit for both the supplier and the Standard Lesotho Bank .
Drive the operationalizing of contracting within allocated business area ensuring compliant buying channels are available to the business.
Execute and evaluate allocated business area sourcing activities across all Legal Entities, Business Lines, and Corporate Functions ensuring compliance with the Standard Bank Group (SBG) Procurement Policy.
Execute initiatives in line with the Group Procurement Stakeholder Engagement Framework and Client Service Framework, overseeing adherence to the framework principles
Execute on the full sourcing value chain for allocated business area including supplier and contract management, applying governance principles and supplier relationship management to manage spend across the SBG.
Execute on the supplier contracting processes within allocated business area ensuring contracts have clear delivery outputs and Service Level Agreements (SLA) or terms.
Execute requests for proposals (RFP), requests for information (RFI) and request for quotes (RFQ) for allocated business area ensuring the request is processed in line with timelines and business requirements.
Identify and execute on Sourcing initiatives, within allocated business area, in line with standard operating guidelines.
Identify and recommend a go-to-market sourcing strategy ensuring alignment to the Group Procurement Sourcing strategy, to maximise the value of each purchase and close deals with optimal terms.
Identify items to include in catalogues by performing trend and cube analysis on buying patterns and analysing spend reports to ensure catalogues are relevant to the business based on commodity consumption patterns.