THE BASOTHO ENTERPRISES DEVELOPMENT CORPORATION (BEDCO)
The Basotho Enterprises Development Corporation (BEDCO) is an agency of the Government of Lesotho that was established by an Act of Parliament: BEDCO Act No. 9 of 1980 (as amended). The Corporation provides the following services to Micro, Small and Medium Enterprises (MSMEs):
- Business Development Support Services.
- Business Capacitation.
- Incubation.
- Facilitation of access to Finance.
- Facilitation of access to Markets.
- Entrepreneurship Promotion.
BEDCO is therefore looking for suitably qualified candidates to join its team in the following position:
POSITION: PROCUREMENT MANAGER
Department: Finance
Division: Finance
JOB PURPOSE
To plan, coordinate, implement and monitor the Corporation’s overall supply chain strategy to maximise efficiency and productivity. To also manage and negotiate service provider contracts to ensure that the Corporation obtains quality products at competitive prices in a timely fashion. Plays an integral role in ensuring the Corporation sticks to budgets and operates profitably.
MAIN PERFORMANCE AREAS AND KEY RESPONSIBILITIES
1. Effective Functional Management
- Manage effective day-to-day business performance of the Procurement Department functions.
- Maintain stock levels of essential supplies.
- Oversee, mentor, coach and build the capacity of Department staff.
2. Maintain Sustainable Supply Chain and Logistics Support
- Develop procurement strategies that are inventive and cost-effective.
- Develop and implement procurement and sourcing policies, procedures, standards and controls.
- Liaise with all Corporation departments to determine their procurement needs.
- Oversee the end-to-end bidding process, from tender preparation to submission of tender documents for approval.
- Ensure the completion of tasks assigned to contractors.
- Perform procurement risk assessments on potential contracts and agreements and mitigate such risks.
- Monitor business trends and product availability to pay the best price for the Corporation’s goods and services without sacrificing quality or delivery times.
- Nurture relationships with suppliers to negotiate the best prices for the Corporation.
- Identify and research potential new suppliers.
- Research new products and services to meet the company’s goals.
- Develop and implement strategies for procuring, storing and distributing goods or services, and maintaining stock levels.
- Maintain and administer the internal suppliers’ database.
- Be responsible for the development of a procurement policy, its review and safekeeping.
- Oversee the procurement process and advise accordingly.
- Oversee and optimise the management of BEDCO’s fleet.
3. Supplier and Contract Management
- Maintain strong relationships with existing suppliers while continuously identifying and onboarding new vendors.
- Evaluate supplier performance on quality, price, delivery and contract compliance.
- Collaborate with Legal to draft, review and negotiate contracts and service-level agreements (SLAs).
- Ensure that all contractual terms, including pricing, warranties, service levels and penalties, are favourable and enforceable.
4. Business Reporting
- Prepare and submit procurement reports for the Department and prepare inputs into BEDCO’s annual reporting activities.
- Prepare procurement reports for the Board on a quarterly basis.
- Develop procurement risk management frameworks to mitigate threats such as supply shortages, price volatility, supplier failure and compliance risks.
FOCUS ALLOCATION
- 50% focus on maintaining the inventory database and logistics delivery trends.
- 50% focus on internal operational optimisation and efficiency.
JOB SPECIFICATIONS
Minimum Educational Qualification
- Minimum of a Bachelor’s degree in Procurement, Supply Chain Management, Business Administration or a related field.
- Membership of CIPS Level 5 will be an added advantage.
Minimum Experience Required
Five (5) years’ working experience in procurement or supply chain in a managerial role, preferably in a corporate environment.
COMPETENCIES
- Leadership and Management: Demonstration of strategic thinking, resource allocation, coordination of people and resources, and the ability to motivate, develop and direct people towards execution.
- Problem Solver: Ability to anticipate and solve problems proactively.
- Analytical: Ability to navigate complex data and provide analytics and predictive scenarios that drive action and decision-making.
- Stakeholder Management: Ability to support and create an inclusive and supportive working relationship and environment for both internal and external stakeholders.
- Risk Management: Ability to identify, investigate, analyse and measure strategic and operational risks early, and develop strategies to manage or mitigate them.
- Effective Communication: Ability to communicate clearly and effectively through both written and spoken communication.
TERM OF CONTRACT
Both positions will be on a fixed-term contract of five (5) years.
REMUNERATION
BEDCO offers competitive, market-related remuneration commensurate with qualifications and experience.
HOW TO APPLY
Interested, suitably qualified and experienced candidates should email their applications, accompanied by educational certificates and transcripts in PDF format only, to:
Email: [email protected]
The job title must be used as the subject heading.
CLOSING DATE
Friday, 30 October 2026 at 17:00 hours.
DISCLAIMER
Only shortlisted applicants will be contacted. The Corporation reserves the right to appoint suitable candidates who meet the application requirements. No late applications will be accepted.