Sourcing & Insurance Manager - Midrand - Vector Logistics

Description

Job Description

We are a Supply Chain and Sales & Merchandising partner adding value to your business through a fully integrated, temperature-controlled network in Southern Africa.

The role of Sourcing & Insurance Manager is critical to our success, requiring a seasoned professional with expertise in procurement, insurance, and facilities management.

Main Responsibilities

• Sourcing:
• Develop and execute the overall procurement strategy aligned to the business's operational and financial goals.
• Source, evaluate, and negotiate with suppliers to secure advantageous terms and mitigate supply risks.
• Implement and monitor procurement policies, standards, and procedures to ensure compliance and consistency.
• Lead contract negotiation and management across all spend categories, ensuring commercial terms are favourable.
• Collaborate with finance and operations to forecast procurement needs, manage budgets, and drive value creation.
• Oversee category management, supplier segmentation, and performance management processes.
• Manage procurement reporting, data analytics, and performance dashboards to support decision-making.
• Build strong internal stakeholder relationships to understand requirements and support strategic sourcing initiatives.
• Champion continuous improvement in procurement processes and promote digital tools to increase efficiency.
• Ensure B-BBEE procurement compliance and drive transformation initiatives across the supplier base.
• Lead risk assessments and implement mitigation plans in collaboration with operational teams.
• Provide leadership and guidance to the procurement team, fostering a culture of accountability, innovation, and collaboration.
• Procurement:
• Manage the procurement of centralized goods & services for the company.
• Centralized procurement includes managing purchase orders, approvals, payments, and vendor management for centralized goods & services.
• Insurance:
• Lead the insurance renewal process and ensure the company is adequately insured. Manage all underwriting surveys and findings closure.
• Drive the reduction in accident and other claim statistics/incidents.
• Coordinate the central logging of all claims, including the resolution of all claims.
• Oversee the insurance programme and guide the business with insurance related matters.
• Develop and implement alternative risk transfer strategies, including cell captives to optimize the organization's risk financing approach.
• Promote insurance awareness within the business and cold chain industry (such as the Global Cold Chain Alliance).
• Facilities Management:
• Ensure the effective management, maintenance, and operation of the Head Office facility, including buildings, grounds, infrastructure, and related services.
• Ensure a safe, compliant, efficient, and cost-effective working head office environment that supports the organization's operational objectives.
• Travel Management:
• Drive and manage an effective and efficient travel management process in business.
• Facilitate and promote travel cost savings initiatives and policy compliance.
• Company Administration:
• Oversee and mitigate any risks with regard to the approval of all lease agreements/ rental agreements/ other binding contracts (non-stock & services).
• Validation and approval of all credit applications.
• Facilitate and manage the company credit card facility.
• Facilitate and manage the company cell/data card facility.
• Oversee & Manage all One Time Vendor creations & payments.
• Master Data:
• Manage and oversee the accurate and timely creation, maintenance, and governance of vendor master data (new vendors/service materials) within the organization's ERP.
• Ensure that all vendor records meet compliance, audit, and business requirements and support efficient procurement and payment processes.
• Ensure effective management and clean-up of redundant vendor records in the master data system.

Requirements

• Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or related field.
• CIPS Certification or equivalent procurement qualification is advantageous.
• Membership of the Insurance Institute of South Africa (IISA) is advantageous.
• Minimum 7+ years' sourcing experience, preferably in an FMCG or logistics environment.
• Minimum 7+ years insurance and company administration experience.
• At least 3 years in a managerial or strategic sourcing and insurance role.
• Minimum 7 years' experience in strategic procurement or sourcing.
• Minimum 7 years' experience in insurance and company administration.
• Demonstrated success in managing high-value supplier contracts and sourcing events.
• Experience in change management and process optimisation.
• Solid background in stakeholder engagement and supplier performance management.
• Exposure to sustainability and ESG-related procurement initiatives would be a plus.
• Exposure to cell captives or other forms of risk transfer insurance would be a plus.

Skills and Competencies

• Resolve complex supply and contractual disputes effectively.
• Drive cost optimisation while maintaining service levels and supplier quality.
• Design procurement frameworks that support both long-term and immediate operational needs.
• Proactively manage risks across multiple categories and geographies.
• Strategic sourcing and negotiation.
• Supplier relationship management.
• Insurance experience in corporate cover requirements.
• Analytical and financial acumen.
• Leadership and team development.
• Innovation and process improvement.
• Commercial awareness.
• Resilience and adaptability.
• Stakeholder collaboration and influence.
• Proven ability to develop and implement procurement strategies.
• Strong negotiation and commercial acumen.
• Excellent knowledge of supply chain and logistics operations.
• Deep understanding of contracts, supplier management, and risk mitigation.
• Familiarity with procurement systems (e.g., SAP, Oracle) and e-sourcing platforms.
• Highly analytical with strong Excel and reporting tool skills (Power BI is advantageous).
• Ability to influence at senior levels and manage cross-functional teams.
• High level of integrity, professionalism, and attention to detail.
• Knowledge of regulatory and compliance requirements (e.g., B-BBEE, PFMA).