Procurement Officer
4 days ago
Bachelor of Technology/Engineering, Bachelor of Business Administration
Nationality: Any Nationality
Vacancy: 1 Vacancy
Job Description
The Procurement Officer is responsible for streamlining sourcing processes, negotiating contracts, and ensuring the timely acquisition of goods and services, thereby optimizing cost efficiency and maintaining inventory levels to meet organizational needs. They also cultivate supplier relationships, evaluate supplier performance, and enforce compliance with procurement policies and regulations to support operational objectives and drive strategic sourcing initiatives.
- Define and communicate the supply strategy and its implications, to inform and align the respective stakeholders.
- Make use of competitive insights to shape strategies that counter competitive threats.
- Remove organizational barriers to delivering exceptional internal and/or external customer service.
- Represent the organization in an honest, ethical, and professional way and encourage others to do so aligned with the operating framework.
- Manage financial and budgetary responsibilities based on the assigned area of responsibility.
- Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies.
- Lead the delivery of savings and operating cash flow programs within their scope of category (products/services).
- Continuously drive operational excellence in strategic sourcing.
- Develop/follow superior procurement management strategies and practices to effectively reap maximum value from Procurement.
- Formulate and manage a strategic plan that captures total procurement value to sustain a competitive edge.
- Adapt company-wide use of best practices to support the organization in achieving strategic objectives and maximizing business opportunities.
- Engage and collaborate with both key internal and external stakeholders to improve service while reducing supply costs.
- Lead in identifying and analyzing cost reduction opportunities to achieve and deliver the financial targets.
- Oversee and manage the rationalization of suppliers, materials, and services that meet business requirements.
- Possess profound knowledge of the requirements for best-in-class purchasing capabilities and strong expertise and credibility in all areas of purchasing.
- Understand market dynamics and the concept of price discovery.
- Be an experienced negotiator in dealing and collaborating with suppliers.
- Have a good understanding of best practices in integrated supply chain management, with experience in other areas of the supply chain/operations being a clear plus.
- ERP knowledge, preferably SAP functional skills, are a requirement to be successful in this role.
Desired Candidate Profile
Job ExperienceMinimum 5 years working experience, 3 years relevant working experience, 2 years in GCC is a plus.
Material Forecasting L2, Accountability, Resilience, Quality, Leadership, Purchasing Procedures L2.
EducationBachelor's Degree in Business Administration or Engineering.
Professional Qualification in Supply Chain/Logistics related course or any Related Technical Certificates.
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