As the ideal procurement analyst, you will support feed optimization activities for both Victory Farms Kenya and Kivu Choice, Rwanda. As the procurement analyst you will be managing a diverse footprint of over five suppliers from the region with different production capabilities. This role will focus on optimizing various components, including raw materials, logistics costs, FX effects, service levels from suppliers, and inventory levels at the fish farm.
- Minimum Qualification :Bachelors
- Experience Level :Mid level
- Experience Length :2 years
Feed Optimization:
• Strategically optimize feed procurement for Victory Group, ensuring cost-effective and efficient supply chain management. Collaborate with suppliers to leverage economies of scale and secure favorable pricing.
• Manage a diverse supplier network, negotiating favorable terms and ensuring timely delivery, monitoring supplier performance and implementing corrective actions where needed. Supplier Management and Supplier Negotiations Support:
• Leverage analytical insights and market data to secure terms that align with Victory Group's strategic objectives and financial goals.
• Conduct thorough assessments of supplier performance by analyzing key metrics such as service levels, reliability, and cost-effectiveness.
• Leverage data analytics to identify trends, forecast market conditions, and inform on supplier negotiation tactics.
• Prepare comprehensive negotiation briefs, incorporating relevant market data and industry insights.
Component Optimization:
• Raw Material Procurement Optimization - Leverage market analysis and supplier assessments to ensure Victory Group secures the best materials at competitive prices.
• Logistics Cost Minimization – Prepare logistics reports to ensure Identification and development of innovative solutions to streamline transportation and distribution processes thus enhancing overall supply chain efficiency.
• FX Effect Management - Utilize hedging strategies and market insights to protect the company from currency fluctuations and maintain budget stability.
Data Analysis and Reporting:
• Advanced Data Analysis - Leverage advanced Excel skills and other analytical tools to meticulously analyze procurement data, extracting valuable insights to inform decision-making. Develop complex models and simulations to forecast future trends and identify potential risks and opportunities.
• Insightful Reporting - Generate comprehensive and insightful reports that clearly communicate procurement performance, trends, and key metrics. Ensure reports are actionable and provide strategic recommendations to drive efficiency and cost-effectiveness.
• Effective Communication - Present findings and strategic recommendations to senior management in a clear, concise, and compelling manner. Tailor presentations to address key concerns and highlight areas of improvement, ensuring alignment with organizational goals.
• Trend and Performance Analysis - Conduct in-depth analysis of procurement data to uncover trends, measure supplier performance, and identify areas for improvement. Use data-driven insights to support continuous improvement initiatives and enhance procurement strategies.
Skills and qualifications:
• Bachelor's degree in Applied Science, Mathematics, Data Science, Financial Analysis, Operations Research, or a related field.
• 2-3 years procurement analysis experience in a busy multi-cultural environment
• Strong analytical skills and ability to work with complex data sets.
• Advanced proficiency in Microsoft Excel, including data analysis and visualization techniques.
• Excellent problem-solving and decision-making skills.
• Strong communication and interpersonal skills.
• Experience in the aquaculture or food industry will be an added advantage.
Benefit:
• Visibility into the world’s fastest growing aquaculture company.
• Ideal for a candidate looking to dive into a mission-oriented Organization.
• The team is committed to the candidate’s success and will provide coaching, mentorship, and unique exposure to people and experiences that come from the most successful leaders in the entrepreneurial community and the social sector.
About Victory Farms
Victory Farms is building the most sustainable and scalable protein business in Africa through an innovative aquaculture business platform. This vertically integrated protein platform owns and operates the inputs to fish production: feed, genetics and hatchery. The platform owns and operates farming sites, where tilapia is produced efficiently in the pristine waters of Lake Victoria (Kenya) and Lake Kivu (Rwanda). Victory then processes its fish and operates cold chain to move fresh and processed fish throughout Kenya and Rwanda. And lastly, Victory operates 80 retail locations in Kenya and 5 retail locations in Rwanda, where the fish are sold to tens of thousands of market ladies, who serve the mass market consumer.
Victory Farms aspires to be the world’s first truly regenerative aquaculture business. The Company uses two simple metrics to track its achievement toward this goal: carbon negative and biodiversity positive.
The first major step to achieve carbon negative operations, the company has built the world’s first 100% geothermal feed mill. More programs are underway. To achieve biodiversity positive on land and water, the Company has a number of land-based and water-based restoration projects, which can demonstrate progress toward improved biodiversity on all the company’s earth footprints.
How to apply
Please send a 2 paged CV and cover letter expressing your interest and qualifications to recruit@victoryfarmskenya.com. By 15th November, 2024. Indicate the Job Title as the email subject – Procurement Analyst
