Sibongile
Dynamic Sourcing Specialist
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About
Dynamic Sourcing Specialist with a proven track record at strategic sourcing and contract negotiation, supplier evaluation, risk assessment, driving cost reductions and optimizing procurement processes. Strong analytical skills and the ability to foster robust supplier relationships, ensuring seamless continuous supply.
Experience
Sourcing Specialist - First Quantum Minerals (FQM)
(2024-07)
- Conduct thorough market research to identify potential suppliers and assess their capabilities, quality standards, and compliance with industry regulations.
- Manage the procurement of direct and indirect components and services in alignment with First Quantum Mineral's global and regional sourcing strategies.
- Develop and maintain a comprehensive supplier database to support informed sourcing decisions.
- Negotiate pricing, terms, and conditions with suppliers to achieve favorable outcomes.
- Prepare and manage contracts, SLA and Master Purchase Agreements, ensuring compliance with company policies and relevant regulations.
- Analyze procurement data to identify cost-saving opportunities and monitor market trends to ensure competitive sourcing using TCO method on large capital mining projects and indirect services.
- Implement cost-effective sourcing strategies that align with budgetary constraints.
- Build and maintain productive Supplier Relationships and promote Local Supplier Development.
- Foster collaboration to ensure mutual growth and success.
- Track supplier performance metrics and implement strategy to mitigate risks.
- Stay proactive in identifying innovative sourcing solutions to improve overall procurement processes.
- Stay updated on market trends, pricing fluctuations, and new materials relevant to the industry.
- Identify potential risks within the supply chain and develop mitigation strategies to ensure continuity of supply.
- Implement contingency plans to address supply disruptions.
- Managing a team of two junior buyers and two YES Learners.
Category Buyer - Caterpillar
(2017-10 - 2024-06)
- Understanding sourcing strategies per category.
- Develop, implement, and manage procurement processes, policies and compliance.
- Assess supplier's manufacturing capabilities and manage supplier visits.
- Strategically source new suppliers by category requirements
- Analyze the Total cost of Ownership (TCO).
- Manage supplier Development, supplier performance and build supplier relationship.
- Manage and drive supplier quality and delivery performance.
- Manage Request for Quotes, create purchase orders and issue orders to suppliers.
- Negotiate contracts and maintain Supplier Agreements.
- Drive transformation initiatives, including Preferential Procurement and Enterprise & Supplier Development (ESD), to maximize BBBEE scorecard and executing localization targets.
- Create and Manage monthly Reports on Localization project.
- Develop and implement strategic initiatives for cost reduction.
- Track and report savings for each executed strategy.
- Liaise with Freight Agencies on Imported components.
- Assess market developments, develop risk assessment and risk mitigation locally and internationally for the relevant categories.
- Liaise with different stakeholders for any discrepancies (Finance, Quality, Inventory departments).
- Executed categories that contributed towards the R1,3b EEIP Localization Project, like: HMS Buckets, Coolants, Batteries, Cutting Edges.
- Executed Negotiated Contracts with savings with suppliers, like: SABAC, Rocktech.
- Supervised and Coached Junior Buyers.
Technical Buyer - Howden Power
(2016-08 - 2017-09)
- Strategically sourced new local suppliers.
- Assess supplier capabilities and manage supplier selection process
- Negotiate prices with suppliers.
- Source and negotiation on bulk steel stock required.
- Completed new vendor credit applications and on-board new suppliers.
- Placed purchase orders with suppliers.
- Expediting Purchase Orders.
- Supplier Evaluation and Performance Management.
- Report to Project Managers and Engineer on orders status.
- Attend supplier queries to ensure that problems are resolved before resulting in delayed deliveries and payments.
Technical Buyer - Barloworld Equipment
(2007-12 - 2016-07)
- Strategically sourced new suppliers based on category requirements (Locally and Internationally).
- Identify potential suppliers.
- Assess supplier capabilities and manage selection process.
- Requests for proposals.
- Negotiated prices with suppliers.
- Supplier Contracts Management.
- Implemented Cost Saving initiatives.
- Supplier Relationship Management.
- Supplier Evaluation and Performance Management.
- Expedited purchase orders locally and internationally.
- Liaised with freight agencies and gained knowledge of INCOTERMS.
Technical Buyer - CE Mobility
(2007-01 - 2007-11)
- Strategically sourced local suppliers.
- Managed RFI & RFQ.
- Supplier selection and Onboarding Management.
- Negotiated prices with suppliers.
- Placed orders with Internationally Preferred suppliers.
- Supplier Relationship Management
- Expediting orders Locally and International.
- Stock Taking
Technical Buyer - Improvair Environmental Solutions
(2001-02 - 2006-12)
- Strategically sourced new suppliers.
- Negotiated prices with suppliers.
- Handled quotations, placed orders, and expedited orders.
- Captured invoices and cost adjustments.
- Received and stored job projects material and stock.
- Liaised with Project Managers on different projects.
- Dispatched material to sites and managed transport.
- Supervised the drivers.
- Scheduled daily deliveries and collections.
- Managed stock issuing returns and replenishment.
Education
B Comm Degree - Supply Chain and Operations Management - University of South Africa
Diploma - Procurement and Supply (CIPS Level 4) - CIPS
National Diploma - Commercial Administration - ML Sultan Technikon
Certificate - Procurement and Supply Chain Management - Damelin
Advanced Program - Sourcing and Supply Chain Management - University of South Africa
Certificate - Negotiations Skills - Gordon Institute of Business Science
Certificate - Project Management Foundations - University of Cape Town
Certificate - ISO 9001:2015, Quality Management Systems - British Standards Institution

