Procurement Officer

.Would you like to join a dynamic, fast growing and challenging company?CTR is a multinational manufacturing company looking for a Direct Materials Sourcing Specialist to join our Sourcing team in Portugal.The Direct Materials Sourcing Specialist will work directly with our Project Management, Research and Development and Revenue team and negotiate directly with our suppliers to present the best price/quality and lead time to fulfill our needs.Main Responsibilities:Strategic Sourcing and Category Management:Lead complex, high-value sourcing projects to identify cost-saving opportunities, supplier consolidation, and process improvements.Develop and implement sourcing strategies to support business objectives and mitigate supply chain risks, taking into account market trends, industry dynamics, and supplier capabilities.Conduct detailed spend analysis to inform category strategies and prioritize sourcing initiatives.Supplier Relationship and Performance Management:Build and maintain relationships with key suppliers, fostering collaboration, innovation, and continuous improvement.Conduct regular supplier evaluations, manage performance reviews, and resolve escalated issues or disputes.Drive negotiations supplier to secure favorable contract terms, including pricing, service levels, and quality commitments.Contract and Compliance Management and Compliance:Draft, review, and manage supplier contracts, ensuring compliance with corporate policies and legal requirements.Oversee contract renewals, terminations, and amendments to maintain continuity and performance.Ensure adherence to regulatory standards and that organizational procurement policies are in place across supplier base.Collaboration and Stakeholder Engagement:Partner with executive leadership and cross-functional teams to align sourcing activities with organizational priorities.Act as contact point for internal stakeholders, providing procurement expertise to address business challenges and optimize solutions.Serve as a key liaison between the sourcing function and other departments, ensuring smooth execution of initiatives.Coaching, Mentorship and Drive Sourcing InitiativesProvide mentorship, guidance, and coaching to the sourcing team, helping to develop their skills and capabilities in procurement and strategic sourcing.Drive organizational sourcing initiatives by leading the sourcing team and ensure timely completion.Operational Excellence and Continuous Improvement:Enhance procurement processes, policies, and systems to increase efficiency, visibility, and control over sourcing activities.Monitor procurement KPIs and implement corrective actions to achieve/exceed performance targets.Leverage industry best practices, benchmarks, and emerging technologies to drive transformation within the sourcing function.Market Intelligence and Innovation:Stay informed about market trends, supplier innovations, and cost drivers to ensure sourcing strategies remain competitive and innovative